Day: January 4, 2021

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Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration 

Bitcoin Press Release: Megaupload creator Kim Dotcom announced this month to use Bitcoin Cash for his newest innovation, K.IM, a suite of tools to enable anyone around the world to manage, protect and sell digital content at ultra-low fees and without intermediaries. 

 

4th January 2021, Auckland, New Zealand: Dotcom, who’s website Megaupload was once the 13th most popular site on the Internet and responsible for 4% of all Internet traffic, said K.IM turns “digital files into file shops. Users can use our service to package a file that they want to sell into an encrypted container file and then they can place it anywhere on the Internet. Customers who want to access the content inside the encrypted container can make a payment using cryptocurrency like Bitcoin Cash.”

 

Asked why he was excited about K.IM and Bitcoin Cash in particular, Dotcom said that while Bitcoin (BTC) has been a great tool for asset storage, Bitcoin Cash is “great for payments” for services like K.IM and offers new financial opportunities for consumers, vendors and investors. Kim had the following to say about the crypto market: 

 

“My opinion is that crypto use is on the rise and BCH is in a good position to accumulate market share. For me it’s simple: The more users you have the more value you have. The winners in the crypto race will be decided by vendors and users. Focus on the fundamental question: What do vendors and users want? Low fees, fast transactions, high security and ease of use.”

 

He went on to say that Bitcoin Cash was currently “undervalued” and that the “upside potential for those who missed the BTC train” is enormous. Bitcoin.com Founder and friend of Dotcom, Roger Ver, said that Dotcom has “always been ahead of the rest of the market and that people should pay attention to his predictions”. He went on further to say: 

 

“When you look at interest in BTC these days, a lot of it comes in trying to chase its historic investment gains. As long as the price keeps going up, there is going to be a lot of interest. But what happens when people want to start actually using it to pay for things? They will discover the limitations of Bitcoin and look for an asset that can be both an investment and a true peer-to-peer payment system like Bitcoin was originally meant to be. That’s what Bitcoin Cash is. 

 

Speaking further on Bitcoin Cash, Ver said the following:

 

It has all the great qualities that helped BTC become a store of value but it’s not artificially rate limited. Entrepreneurs like Kim Dotcom can actually use it to build their business without relying on central parties to provide payment layers. It’s not surprising that he would be so bullish about Bitcoin Cash.”

 

Ver said that K.IM is one of the most exciting products he’s seen in years and has the potential to get millions of people using cryptocurrencies like Bitcoin Cash which can handle the massive volume Dotcom’s businesses have created in the past.

 

K.IM is currently in development with updates coming soon. The platform is expected to launch in Q4 of 2021. To find out more information visit the K.IM website today.

 

About K.IM

Providing advanced services and technologies to manage, protect and sell digital content, K.IM will revolutionise the monetisation of digital content and create a fair market for content creators and consumers.

 

KIM is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

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Deep-Discount Exchange CPH Crypto Offers Total Trading Flexibility with New Mobile App for iOS and Android

discount crypto exchange

Bitcoin Press Release: Publicly-listed Scandinavian discount crypto exchange CPH Crypto launches its mobile trader apps, now available on Google Play/Android and App Store/iOS platforms.

  

4th January 2021, Copenhagen – Just a couple of weeks ago deep-discount CPH Crypto, a leading Scandinavian crypto exchange, announced margin trading 10x on crypto spot as its latest service. The company is proud to announce that traders can now onboard as clients and conduct all trading activities via CPH Crypto’s new mobile Trader App now available as Android and iOS platforms.  

  

CPH Crypto Trader APP for Flexible Trading  

The new trader app enables clients to start trading after just a couple of minutes of registration and onboarding. The CPH Crypto Trader App allows users to trade all the most popular cryptocurrencies and pairs, swiftly deposit, transfer, and withdraw bitcoin and USD anytime.

 

CPH Crypto’s CEO, Jan Andersen describes the recent progress, stating: 

   

“We have come a long way in only a few months since the launch of CPH Crypto webtrader in September. Margin trading on crypto spot was successfully launched just recently, and now our apps are ready. We know that this is extremely important for our clients because it offers them total trading flexibility. They can do everything on the smartphone and use the mobile trading apps like their usual desktop trading.” 

  

Unlimited Trading For Just 39 USD/Month

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.

 

CEO Jan Andersen explains:   

 

“In the traditional stock and FX trading market competition has driven down fees to a low  level over the last decade. The same needs to happen in the crypto space, but we want it to go faster, and that’s why we launched our discount concept in September.”  

 

Dominant Trading Platforms Up to 13X More Expensive 

Recent calculations clearly document that some of the biggest crypto trading platforms are as much as 13 times more expensive for active crypto traders to use than CPH Crypto. To obtain a complete view of a particular broker’s or exchange’s trading fees, individuals need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.  

 

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – enabling them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.

 

Unique Crypto Deposit Insurance 

Jan Andersen underlines that CPH Crypto offers the same services and features as the leading international trading platforms, stating:

 

“We offer margin trading 10x on crypto spot, deep streaming institutional level of liquidity and market depts, realtime quotes, tight spreads and genuine best execution standards. And from today our mobile apps are available too,” 

 

Jan continues: 

 

“In addition to all this, CPH Crypto offers exceptionally low fees; and another unique feature is our crypto deposit insurance, which together with the low fees makes CHP Crypto a truly unique player on the crypto trading market.” 

 

What the insurance does is to guarantee all the clients’ deposits in cryptocurrencies, which means, for instance, that in the unlikely case of a hack of the trading platform, all the clients’ deposits in cryptocurrencies will be insured. To prove the extreme differences in fees between CPH Crypto discount exchange and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples.  

Anyone can download the CPH Crypto Trader App now on Google Play or iOS and take advantage of some of the lowest fees in the industry. 

  

To Learn more visit the CPH Crypto –  www.cphcrypto.com

Follow CPH Crypto on Twitter – https://twitter.com/cph_crypto

Find CPH Crypto on Facebook – https://www.facebook.com/cphcrypto

 

Media Contact Details

Contact Name: Jan Andersen

Contact Email: [email protected]

 

CPH Crypto is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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