XcelToken – Best Utility Token

XcelToken is a digital Decentralized Digital Assets, general-purpose utility token based on the ERC20 Ethereum protocol. It helps hotels, restaurants and marketing partners earn while participating, while travelers enjoy the benefits of a learner eco-system.

But some historical facts can show the revolution of money and digital currency. In 1661, banking institutions and their own state-sponsored banknotes were created in Sweden. Then a bank was created in England. Special laws and policies were created to prevent counterfeiting and various types of fraud. Since then, various world currencies have been used. Subsequently, they began to use digital currencies, e-wallets such as PayPal to streamline transactions and new technologies. And paper currencies were normalized. This is of great importance for reducing paper currencies.

People have shown great interest in using digital money. They are increasingly using electronic wallets and are interested in growth and the market with many options to use them. What is the best time to invest and use cryptocurrency through your digital wallet? Transaction and trading is much safer through the blockchain, through which a cryptocurrency is formed, than through a bank. Now you can use XcelPay Wallet – download XCELPAY APP now and try this multi-currency wallet in order to top up your mobile plans with Ethereum and XcelToken Plus. Are you still thinking about Cryptocurrency and Crypto Investment? Don’t think, buy it! And the best platform for this is XcelTrip, where you can buy XcelToken and other Cryptocurrency.

Earn and use in a growing market and switch to digital currencies. It is convenient, profitable, affordable and easy. With XcelPay, cryptocurrency account users can make payment across the globe by using several cryptocurrencies. For instance, XcelPay can be used to make or receive payment in XcelToken Plus, Bitcoin, Ethereum, and many other ERC20 tokens. Check it with XcelToken.

XcelToken now on LATOKEN!

XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. With more than 100,000 token holders, XcelToken Plus, XcelLab is proud to announce that XcelToken Plus will now be available for trading on LATOKEN. To know more about LATOKEN, keep reading on.

LATOKEN

LA (top 100 cryptocurrency by Coinmarketcap) is the main currency on the LATOKEN platform. It is a utility token which has been confirmed in a legal memorandum prepared by White Summers Caffee & James, a premier technology, and international law firm based in San Francisco with 18 years of experience. The memorandum states that “LA Tokens have a distinct utility purpose separate from producing profits”. Some of the features on LATOKEN include: Instant exchange (LA DIRECT) advanced trading feature and crypto/fiat gateway.

XcelToken Plus is adopted into usage on XcelTrip– an online travel booking platform where you can check-in at over 800,000 hotels and book tickets with over 400 airlines, XcelPay– a merchant POS and digital payment wallet through which you can now recharge your phones with 900 different carrier services and in 160 countries, with cryptocurrency. The token will also be adopted into multiple use-cases soon.

Get excited and sign up to the above exchange to start trading the new and improved XcelToken Plus!

Cryptocurrency Trading Strategy: Buy-and-Hold Cryptocurrency Trades

XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelToken Plus is now available on 14 diverse cryptocurrency trading platforms where you can use the below cryptocurrency trading strategy:

Ways to Enter Buy-and-Hold Cryptocurrency Trades

Many investors simply buy cryptocurrencies and hold them until they feel it’s a good time to sell. These stockholders often do-little technical examination before incoming trades and may in some cases prefer not to use stop loss orders.

Traders and investors with technical examination skills may prefer to enter cryptocurrency trades after weak or significant price retracements. Other participants like to enter the market on a break of resistance. This adds the benefit of motion sanction.

Buy-and-Hold Tips for Trading Cryptocurrencies

Use larger time frames for technical analysis, for example, daily, weekly, and monthly charts.
If using stop losses, don’t place it too close to your entry.
Leverage should be minimalized or no leverage should be used. Holding leveraged cryptocurrency trades for months or years can be costly.
If possible, take advantage of pullbacks to get a better entry price.
If the uptrend is non-volatile and very strong, don’t wait for deep retracements. At-market entries may be considered in this instance as well as breakout entries.
Keep an eye on vital factors that may influence the long-term viewpoint of the cryptocurrencies you’re trading.

Use the Buy-and-Hold Cryptocurrencies Trades a good cryptocurrency trading strategy while trading with XcelToken Plus on any of the 14 platforms that it is listed on.

Cryptocurrency Trading Strategy: The Balanced Portfolio Strategy

If you need balance in your life this may be the best cryptocurrency trading strategy for you. A balanced portfolio strategy comprises of buying numerous cryptocurrencies, for the same volume across the marketplace.

Say you invest in-

Litecoin

Bitcoin

XcelToken Plus

You have a budget of $900. You’d invest $300 into each coin allocating your asset evenly. This way you’re distributing the risk across the board.

This is a good way to test dissimilar coins, when you’re uncertain of which ones will do well for you or not. You’ll rapidly find out which currencies have the best shot in succeeding. From there you may want to only invest in one or two coins that have given you the lion’s share of profit.

The only disadvantage to this approach is that, for example, one of the coins produces a 10% gain while the other two lose 5%, you would be stuck with no profit, however this is rarely the case. Of course this would work in inverse the opposite could happen as well, so again, you’re fundamentally scattering out your risk across several coins with this approach.

Tip: Make sure each coin you invest in are utilize diverse utilities. For example: one privacy coin, one security coin, one equity coin, etc.

Use the unbalanced portfolio strategy a good cryptocurrency trading strategy while trading with XcelToken Plus on any of the 14 platforms that it is listed on.

Cryptocurrency Trading Strategy: The Unbalanced Portfolio Strategy

The unbalanced portfolio strategy is simply designate a ratio of crypto for investment into each coin solely on how well you think it will do. You’ll assign the maximum percentages to the ones you think will perform the best.

If Litecoin has proven itself to you as the most profitable, then that’s the coin you invest the most into. For Example: Litecoin — 60% ETH — 15% XcelToken Plus — 15% Ripple — 10%

Prearranged fractions are what you would go off of, for each following buy.

This is best suitable for those that have done widespread enquiries into each coin. Fractions for each coin can be altered, but make sure you have an sophisticated motive before doing so.

Main downside for this strategy is foreseeing proportions erroneously and missing out on the best gains.

Use the unbalanced portfolio strategy a good cryptocurrency trading strategy while trading with XcelToken Plus on any of the 14 platforms that it is listed on.

Cryptocurrency Trading Strategy: How Does Arbitrage Work?

Arbitrage is a simple cryptocurrency trading strategy where in you buy a cryptocurrency on an exchange platform that quotes low price for the token that you are aiming to trade with and sell it on another crypto-exchange platform where the price is high for the highest bidder.

It’s a forthright and lucrative cryptocurrency trading strategy on the exchange, which requires only steady monitoring of exchange values. However, including possible pay-outs, you need to take into account the commission that some exchange platform charges. If the variance in the exchange rates of one coinage on exchanges is 2–3% or more, the trade can be lucrative. In case the exchange variance is less than 2%, then the turnover will be minimal, or it will not be at all because of the charge.

Moreover, arbitrage traders can profit as there are quite low buyer figures and competition — when you liken it to the traditional marketplaces.

Let’s say you’ve bought 20 XLAB’s for 700 odd Dollars at some exchange, moved it to your wallet and have trade it instantly on alternative exchange for $800. You will profit off of this trade.

Use this cryptocurrency trading strategy on any of the 14 Platforms that XcelToken Plus is listed on and make profits instantaneously.

Cryptocurrency Trading Strategy: Modern Portfolio Theory

“I believe in something called ‘portfolio science,’” Lou Kerner – a founding partner at venture capital firm CryptoOracle – tells Cryptocurrency News, “ pronounces that you assign a fraction of your assets to crypto, and then buy a basket of market-based assets, on an unvarying basis and without a concern for the prices. Over the long run, that’s how you increase returns.” Kerner is referring here to modern portfolio theory (MPT), which originated from a 1952 essay by American economist Harry Markowitz, A theory that works well as a cryptocurrency trading strategy.

In its meekest form, MPT contains capitalizing in a range of assets, whose price activities are uncorrelated. Because of their uncorrelated-ness they incline not to fall and upsurge together, thereby, lowering the investor’s contact to separate specific asset risk and rescuing him or her from overall losses.

And as Kerner suggests, if the investor selects their banquet of assets (including cryptocurrencies) prudently, they may enjoy stronger returns over the long term. For example, a 2017 study conducted by researchers at Bocconi University in Italy suggests that MPT is the ideal strategy for crypto-trading, at least when associated to a ‘Bitcoin-only’ strategy and one which weights in on numerous different coins equally (i.e. that embraces an equal amount/value of each coin).

However, the key point to make here is that the use of MPT cannot usually be limited solely to the crypto-market. That’s because cryptocurrencies are too highly associated or interrelated with one another at the moment. When one slips so do the vast majority of the others, for example, if bitcoin prices suddenly drop in the market then the market value of Ethereum and the other coins decrease with it, thereby exposing investors to larger risks.

As an investor it is absolutely necessary to keep oneself well-educated on at least one cryptocurrency trading strategy as it may help increase significantly the assets invested in.

ADVANTAGES OF CRYPTOCURRENCY

The world is becoming more and more economically unsafe. This is not to say we are not growing. But as Nassim Taleb states in his book. Antifragile. Our economic mechanism is like a glass jaw. It all comes booming down when it gets hit with a small blow. Both long term and short term this is not good for you and all of the hard-working inhabitant of the world, so investing in cryptocurrency is the best option we have. Here are some of the advantages of cryptocurrency that one should keep in mind:

advantages of crypto,cryptowallet,xceltoken,digital currency,cryptocurrency market

Fraud: Cryptocurerncy is digital and cannot be forged or upturned arbitrarily by the sender, as with credit card back charges.

Identity Theft: When you give your credit card to a business, you give the business the admission to your full credit line, even if the transaction is for a small amount. Cryptocurrency use a “push” mechanism that lets the cryptocurrency holder to send precisely what he or she wants to the business or receiver with no further data.

Immediate Settlement: Purchasing real property characteristically involves a number of third parties (Lawyers, Notary),delays, and payment of fees. In numerous ways, the bitcoin/cryptocurency blockchain is like a “large property rights database,” says Gallippi. Bitcoin contracts is intended and enforced to remove or add third party endorsements,reference exterior facts, or be finished at a future date or time for a fraction of the expenditure and time required to complete traditional asset transferences.

Access to Everyone: There are about 2.2 billion persons with access to the Internet or mobile phones who don’t presently have access to traditional exchange platforms. These persons are primed for the Crytocurrency market.

Lower Fees: There aren’t typically transaction fees for cryptocurrency exchanges as the miners are remunerated by the network. Even though there’s no bitcoin/cryptocurrency transaction fee, several expect that most users will involve a third-party facility, such as Coinbase, making and maintaining their own bitcoin wallets. These facilities act like Paypal does for cash or credit card users, offering the online exchange structure for bitcoin, and they are likely to charge fees.

With all these advantages of cryptocurrency in mind find a suitable currency to invest in and trade in cryptocurrency in order to make sure that you reap the benefits of this form of currency transaction and trade.

XcelToken Plus The Future of Cryptocurrencies

With a size of USD 8.27 trillion global economy, the travel industry is one that see a steady upward growth adding to an already existing revenue of about USD 1.34 trillion. Like any other industry, this too has its own shortcomings, with fluctuating currency values, the everchanging policies of various countries, travel for pleasure and for business can be affected. One point of concern for every traveller is exchange of currencies and the hassle that comes along with it. It is true that one can use digital wallets and credit cards, but these payments may incur the traveller an additional cost that can be avoided with the use of cryptocurrencies.

Cryptocurrencies are becoming a favourable medium of exchange, during travels as they do not adhere to global norms that traditional currencies are subjected to, making transactions cheaper and expensive destinations far more reachable to a larger audience. The future of cryptocurrencies is essentially in the regularization of the use of digital wallets that support these transactions that make travel, simple and secure as cryptocurrencies make transactions between two or more parties, trustworthy.

Multiple countries, such as South Korea, Australia, Finland and so on, have currently taken a fancy into assimilating day to day cryptocurrency usage and are actively working towards the regulation of cryptocurrency, that affect the market, but also enable the blockchain boom, making it the best time to invest in cryptocurrencies and for cryptocurrency users to travel to Crypto-friendly destinations.

You can now use XcelToken Plus, a utility token with multiple use-cases, to book your travels on XcelTrip and make sure that the future of cryptocurrencies is bright.

XcelToken Plus the Future of Digital Currencies.

Our history book provides us with very little knowledge about how our economy came to be. This post aims to give an overview of how the currencies that we know of today, have evolved and go in detail on digital currencies– the present talk of the town.

After a long period of time, historians, say that societies discovered that they found it safer and easier to exchange goods with goods- the barter system, instead of going into war with each other, frequently traded, between individuals or societies, for other goods were domestic animals like cattle and goats. With the development of farming in the 8^th millennium grains were added to the list of exchangeable goods.

It is, only after the trade around the extraction of rich metals that the commodity currencies came to be used, the kingdom of Lidia on the western cost of Turkey is said to have crafted coins that were a mixture of gold and silver- “Electrum”. They were standard in weight; ranging from 0.15 grams to about 14 grams, in irregular shapes and sizes. Aside from Lydia, Greece and a few kingdoms and individuals from China that used coins for trade. The innovation of paper currencies, scholars say, can be credited to the Chinese, as they found it to be lighter auxiliary for coins. The momentum of paper currencies took its time to reach Europe. By 1661 banking institutions had been formed and the government of Sweden issued its own state sponsored banknotes. Further to which the Bank of England was formed. From then on various different world currencies came to use and various laws and policies were created to keep counterfeit and various frauds from taking place.

Subsequently, Paper currencies were normalised and newer technologies have come into play to make transactions easier, digital currencies and E-wallets like PayPal and others are some innovations that are playing a major part in reducing paper currencies in the 2010s. The initial idea for digital cash, even though a failure, in a way paved the path for the Cryptocurrencies to come into existence, people have taken a keen interest in its growth and market, with multiple use cases for them, making it the best time to invest and use cryptocurrency, through your digital cryptocurrency wallet. The blockchain technology that cryptocurrencies are formed in make transaction and trading much safer than that conducted through a bank. Just Like Bitcoin XcelToken Plus is a rising star in the realm of digital currencies.

XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is fashioned to build, involve and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is delighted to announce that XcelToken Plus will now be available for trading on 14 perfect cryptocurrency trading platforms. Shift over to digital currencies and capitalize on the growing market.