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CPH Crypto Offers Total Trading Flexibility with New Mobile App for iOS and Android

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 CPH Crypto, a leading Scandinavian deep-discount 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 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 Twitterhttps://twitter.com/cph_crypto

Find CPH Crypto on Facebookhttps://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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Opera’s Crypto Wallet Now Available on iOS Devices

Opera's crypto wallet is now available on iOS devices

Opera’s web browser designers have incorporated Web 3 functions into iOS devices and the Crypto Wallet is now available for download from the app store. The browser, known as Opera Touch, provides seamless access to Ethereum decentralized apps (Dapps) without the need of any browser extensions.

This kind of support to the Ethereum Web3 API will provide the users a seamless interaction with the next generation Ethereum blockchain based apps, apart from cryptocurrency wallet functionalities. This comes after Opera’s successful crypto wallet launch in Android devices which supports Ethereum and ETC tokens.

Charles Hamel, head of Crypto at Opera said:

“We are happy to let you know that the award-winning Opera Touch browser for iOS now features crypto wallet integration and Web 3 support. This completes our efforts to offer Web 3-ready browsers with built-in Crypto Wallet on Android, Windows, Mac, Linux and now iOS. Opera Touch for iOS lets you seamlessly interact with the next generation of Web 3 applications on the Ethereum blockchain.”

This parallels with Opera’s introduction of Crypto wallet in its Reborn 3 back in April. With these introductions, widespread adoption of Opera’s blockchain based browser becomes significantly inevitable. The built in crypto wallet can allow exchange of payments and other transactions online, to which Opera serves as a tool, while simultaneously giving users more control.

Apple has 1.3 billion active devices worldwide. The launch of crypto wallet on iOS devices essentially means that the wallet is available across all the major platforms and consequently, to a large user base. Hamel said:

“We believe that all modern browsers should integrate a crypto wallet. This will enable new business models to emerge on the web. Opera is the first browser to make using crypto on the Web seamless and easy. Following a strong demand from the crypto-community, we are now making this experience available on iOS.”

He pointed out that the motive to extend crypto wallet facilities to users is to provide lubrication for a wider adoption of digital assets as there is no need for special apps and browser extensions to access the same. Needless to say, amid the bull market, the wallet will serve as a boon to Opera as it offers a competitive edge to the rival browsers.

 

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Samsung Claims Smartphones Provide Best Security for Crypto

Multinational tech conglomerate Samsung has argued that smartphones can provide the best security for cryptocurrency holdings because of the combined efficiency of apps and the presence of the trusted execution environment (TEE).

Cryptocurrency wallet apps like Blockchain and Jaxx are a convenient and popular way to transfer, send and store assets on a smartphone. What Joel Snyder, a senior IT consultant and a contributor to Samsung Insights pointed out, is that the TEE under which the majority of smartphones operate offers a nearly impenetrable barrier for hackers.

Because the TEE is completely independent of an individual’s device with its own separate memory and storage, potential hackers and even operating systems such as Android cannot penetrate and alter or access the data. This prevents passwords and private keys of wallets from being accessed.

Laptops and such devices that utilize conventional data storage units such as an SSD are more vulnerable to risk due to their persistent nature that gives an opportunity for hackers to enter and steal data, cryptocurrency account information included.

Snyder for Samsung noted that while ”a naive wallet developer” might fail to employ the advantages of the TEE and store keys on the phone’s internal storage, the combination of the TEE and an effective wallet offer the most secure place for your cryptocurrency holdings.

What else the TEE can offer

A research effort conducted by Cornell University in December 2016 first offered the concept of Bitcoin scaling via the TEE. The team developed a technology called Teechan which they built on top several TEEs including the Software Guard Extensions of Intel.

The results were promising. Transactions were able to be processed off-chain, then fixed into larger transactions to be established on the blockchain. Significant progress has been seen, with over 2,480 transactions per second recorded as successfully processed.

 

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Xapo Chief Ted Rodgers: Bitcoin Will be Global Reserve, But Go Long

Xapo president Ted Rodgers believes that Bitcoin will become a global reserve asset, similar to the current U.S. dollar, writes News BTC.

Rodgers sees the market making a recovery, but slowly with little impact over the next few weeks, but feels, long-term, Bitcoin will be worth hundreds of thousands of dollars.

The Xapo president has long been bullish about Bitcoin. Xapo holds an estimated $10 billion in BTC in cold storage underground vaults and is one of the largest and most highly respected exchanges in the industry. The Xapo wallet has also become a reliable storage solution for cryptocurrencies, to the extent its been adopted by IOS and Google apps stores around the world.

Once First Block Capital, Canada’s first fully registered crypto firm, toured one of the Swiss-based Xapo vaults and was very impressed with the company:

“Every part of their DNA is geared to security… Whenever we make big transfers they FaceTime us, we have duress words, if it’s big enough they’ll fly out to see us.”

These types of credentials mean that Rodgers’ views are listened to with more than just a degree of interest by the global cryptocurrency community. Rodgers has said before that Bitcoin will become the global reserve in the same way that the US dollar is now, a view that’s is clearly close to his heart. His “hundreds of thousands of dollars BTCs” statement would create a massive market cap if it became reality.

At $200,000 the market cap would be over 3 Trillion dollars, according to News BTC, surpassing any existing publicly traded company today. The prediction is not isolated though, with similar numbers having been bandied about for quite some time in the crypto press, to the extent that they are now rarely read with any degree of credulity.

Rodgers advice is, go long, stating “I think Bitcoin is a long-term investment and I personally wouldn’t get into it for short-term trading”

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Indian Teenager Finds Californian Buyer for Crypto App

Indian teenager Hashita Arora, just 16 years of age, has received an offer from a Californian blockchain investment firm for her home-developed tracking app.

Hashita has gained worldwide attention as a result of her success with the app, one of many young people making an impact around the globe within the crypto community. Despite her meagre years, she has attracted the attention of Californian-based blockchain investment firm Redwood City Ventures.

The app is a popular iOS application used to track crypto prices. It helps retail investors to monitor prices of more than 1,000 cryptocurrencies across about 20 exchanges and in 32 fiat currencies, in ten languages. Launched in late January in Hashita’s hometown north of New Dehli, the application soared to the top of the app store charts in 24 hours.

Hashita received racist hate mail and misogynistic attacks online from people doubting the origins of the new app and casting doubts on her ability to invent the technology. The young Indian national originally studied in the US at an MIT summer programme and is currently applying for work in the country through a program currently offering visas to foreigners with exceptional abilities. Talking about her earlier experiences online, she commented, “I learned that the online world can be cruel. But I feel I have an entrepreneurial spirit and I love startup culture.”

She said that she was delighted to be a part of the Redwood City Ventures team and looks for support in the development of other ideas and products.

Home-educated Hashita had been learning about coding and digital design since the age of 13. She went on to learn about cryptocurrencies in a tech magazine and quickly became passionate about the subject, realizing an opportunity existed to use her skills to develop a help app.

It was Redwood City Ventures founder, Sean Walsh, who eventually discovered Harshita after posting a cryptocurrency app advertisement on LinkedIn. On meeting Harshita, Walsh was impressed with her maturity and intelligence, realizing she had designed an app that would be both useful and could be marketed at a good price.

The young Indian’s next venture is to plan is to use the money earned from her app to improve her education. She then plans to move to Silicon Valley.

 

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