This document outlines the best practices for projects seeking to list their tokens on Xcalibra.com. Adherence to these guidelines will not only streamline the listing process but also enhance the project's appeal to both the exchange and its user base.
Strategic Application Submission
Official Channels: Always submit your listing application through Xcalibra.com's official application channels. This ensures your project is properly reviewed by the due diligence team.
Comprehensive Information: Provide detailed information about your project, including its mission, technology, market potential, and team credentials. Transparency is key.
Project Maturity and Leadership Engagement
Stage of Development: Clearly articulate the current stage of your project. Xcalibra.com may offer different listing avenues depending on whether your project is in its nascent stages or fully developed.
Leadership Involvement: The application should be initiated by the project's founder or a senior executive, highlighting direct engagement from the leadership team.
Transparency and Community Engagement Regular Updates: Maintain open lines of communication with both Xcalibra.com and your project's community. Regular updates on progress and milestones are highly valued.
Community Support: Demonstrate strong community support and engagement. Active communities are often indicative of a project's long-term viability.
Ecosystem Integration
Exchange Synergies: Explore opportunities for integrating Xcalibra.com's features or services into your project. This can enhance your project's utility and appeal to the exchange's user base.
Professionalism and Responsiveness
Due Diligence Cooperation: Be prepared to respond promptly and professionally to inquiries from Xcalibra.com's review team during the due diligence process.
Demonstrating User Adoption
User Metrics: Provide evidence of user adoption, such as active users, transaction volumes, or community growth. These metrics significantly bolster your project's listing application.
Ethical Marketing
Responsible Promotion: Engage in ethical marketing practices. Avoid aggressive or misleading tactics that could harm your project's reputation or relationships with exchanges.
Verification and Authentic Communication
Official Correspondence: Ensure all communications with Xcalibra.com are through verified channels. Be cautious of phishing attempts or unofficial communications.
Contribution to Social Impact
Social Responsibility: Consider outlining any contributions your project makes towards social impact initiatives. Xcalibra.com values projects that demonstrate a commitment to positive social contributions.
Continuous Improvement
Long-term Development: Emphasize your project's roadmap and long-term development plans. Continuous improvement and innovation are critical for sustaining interest and growth.
By following these best practices, your project will be well-positioned for consideration by Xcalibra.com and its community. Remember, the goal is not only to get listed but also to build a sustainable and successful project within the cryptocurrency ecosystem.
]]>The Bitcoin blockchain can have only 21 million BTC created by a mining process. The transaction time usually varies from 10 minutes to hours or days and is dependent on various factors, as discussed later in this guide. This time determines how fast you can do a block.
In 2017, Bitcoin peaked when one BTC was valued at 20,000 USD, which resulted from continuous trading and mining. The developers of Bitcoin came up with various ways of obtaining it. You can purchase them on an exchange, accept them in exchange for goods or services and mine a new one.
Bitcoin Mining is among the most lucrative ways of obtaining Bitcoins and has many similarities to other element mining. You'll learn more about it in the following sections.
If you desire to learn how to mine Bitcoins, the different types of mining, and the tools you can use in the Bitcoin mining process, you're in the right place. Read further to find out more.
Bitcoin mining is the process of developing new Bitcoin by solving a computational puzzle and delivering the coins in a block. The mining is done by powerful computers that solve complex computational math problems. The problems are usually very complicated that you cannot solve them by hand.
Bitcoin miners get Bitcoin as a reward for finishing each "block" of verified transactions added to the Blockchain. You'll get mining rewards if you discover a solution to a complex hashing puzzle.
The rewards are used to motivate miners to help in the main aim of mining, which is to support, legitimize, and monitor the Bitcoin network and its Blockchain. Since these responsibilities are shared among many users worldwide, Bitcoin is regarded as a decentralized cryptocurrency. It does not depend on a central government to supervise its regulation.
There are two outcomes of Bitcoin Mining. First, when computers solve complicated math problems on the Bitcoin network, new Bitcoins are produced. Second, when miners solve the computational math problems, they make the Bitcoin payment network trustworthy and secure by confirming each block transaction information.
When you send a bitcoin anywhere, that's called a transaction. Bitcoin miners clump these transactions together in a "block" and add each block to a public ledger known as the "blockchain." Nodes maintain the records of each block for future verification. Since a block can be verified, it adds integrity to the transactions.
As Bitcoin miners, one of your responsibility when adding a new block of transactions to the Blockchain is to make sure the transactions are accurate. The miners also have to ensure that Bitcoin is not being duplicated to prevent double-spending. This illicit act occurs when a Bitcoin owner spends the same Bitcoin more than once.
Before you begin mining, you must own a mining rig. Initially, miners used typical domestic computers and graphic cards. However, currently, it might take you a very long time with ordinary computers to gain something minimal.
These days, you need special hardware specially designed for Bitcoin mining. The hardware is called ASIC (Application-Specific Integrated Circuit chips), which consume less energy and mine Bitcoins faster. The mining hardware is costly and takes time to be manufactured but operates at an astonishing speed.
The most powerful ASIC machine can solve up to 14 terahashes every second. This means that it makes 1012 attempts to solve a Bitcoin block per second. When selecting an ASIC mining rig, you should consider:
Its performance in hash rate. Electricity consumption Price Read other miners' reviews It would be best if you placed your mining hardware in a professional data center as it requires a lot of electric power, emits lots of heat, and is noisy. A professional data center will provide you with reasonably priced energy, a cooled environment, monitoring, and the noise won't be a problem. Under such conditions, you can get the optimum hash rate from your rig.
After acquiring a mining rig, it's time to set up a Bitcoin wallet. It is at the wallet that you'll receive your Bitcoins and manipulate them. Your Bitcoin wallet will help you manage your Bitcoin addresses.
Every Bitcoin address has a public key and a corresponding private key. The public key is a special combination of characters and operates like a bank account. Therefore, to receive bitcoins from someone, you must reveal to them your public key. All the Bitcoin addresses are public, and you can trace back all the transactions that went through it.
The private key is secret. You'll use the private key to send off transactions. If you lose your private key, you'll lose your Bitcoins on that address forever. There are several types of wallets, including simple online wallets, hardware wallets, and paper wallets. Every wallet has its merits and demerits.
If you are a newbie to Bitcoin mining, it is advisable to begin with a software wallet. A software wallet is secure and easy to manage. It is also best suited for frequent manipulation with mined currency. All you need is to download the wallet to your computer. You'll keep your coins here out of reach of others. For miners looking for a place where to store altcoins, this would be a great option.
Even if you bought the best ASIC miner, it would be nearly impossible to gain Bitcoin in the current age. Your single machine will not stand a chance against numerous mining farms (several rigs grouped and working together) worldwide. Furthermore, mining Bitcoins alone is not profitable. The solution is to collaborate with other miners in mining pools.
Miners offer their computing power to a group. Then, when Bitcoins are mined, the profits are shared among members as per the power they contributed. In a mining pool, the income is smaller but much more regular. Members of the mining pools must pay a fee to the pool operator. The cost ranges from 0 %- 2% of the block rewards.
There are many mining pools you can choose from. Therefore, it is your responsibility to find out which one best suits your mining venture. Find out their rates per block and other factors as you choose. Once you identify a mining pool that interests you, register on their website, and set up your account. After that, the pool will offer you a new worker ID for your miner.
The fourth thing you must do is get a mining client to run on your personal computer. This program will connect you to the Blockchain and Bitcoin network. The mining software will deliver work to you, collect complete results of your work, and add all the information to the Blockchain.
There are several free software for mining bitcoin you can choose from. The best software is compatible with most operating systems, but each has its strengths and weaknesses. You can also find a mining pool that has its own software.
Once you go through the steps mentioned above, you're ready to start mining.
Connect your miner to a power source and link it to your computer. Install the mining software to your computer. Fill in your wallet and mining pool details into the mining software. Select a device and let the mining start. Note that you must stay up to date with the emerging trends in the crypto world to mine profitably. The industry is dynamic, and there are new developments each day.
There are several ways you can use to mine bitcoin. Here is a discussion of the most prevalent ways.
In Cloud mining, a miner pays someone or a big corporation a certain amount of cash and rent out their mining hardware, typically known as a rig and the mining process. The rent will last for the time you'll agree upon. During this period, all the profits the rig makes will be transferred to your Bitcoin wallet. However, electricity and maintenance costs will be deducted.
Cloud mining providers usually own enormous mining facilities with many farms and understand how to mine bitcoin. This form of mining Bitcoins is the most prevalent as it offers people who can't afford their own rigs to participate in Bitcoin mining and crypto arbitrage.
You can choose between free and paid cloud mining. Many people run to the free options, which have their challenges. They usually have slow mining speeds and several additional conditions.
Paid cloud mining comes in packages that range from cheap to expensive. Other hosts offer miners the ability to come up with their cloud mining plan.
CPU mining uses processors to mine Bitcoin. It was the go-to method in the past. However, nowadays, fewer people use this option to mine bitcoin.
One of the reasons people are running away from this method is that it is prolonged. You can mine a block for months without getting any profits.
Also, you end up making less compared to what you've spent on electricity and cooling. However, many people still use it because anyone with a desktop computer can do it. You don't need sophisticated mining hardware to use this method.
Application-Specific Integrated Circuits are unique devices specially designed to perform a single task - for this case; it is Bitcoin mining. They are popular because they have greater block rewards than the CPU and GPU options.
However, they have received a lot of backlash from other miners using CPUs and GPUs. This is because they deny them the ability to keep up with the hash rate and earnings.
To successfully mine Bitcoin, you'll need both proper hardware and software.
When it all started, miners could comfortably use their laptops and powerful computers to mine bitcoin. Later, they discovered that high-end graphic cards could increase bitcoin mining power. They consumed less power for each Bitcoin block and produced better results.
Bitcoin mining has become a very lucrative venture, with several entrepreneurs making money by running massive Bitcoin mining farms. You'll have to compete with corporations to make money in the industry right now. You can buy this hardware from Amazon alternative stores. Here are some of the hardware you could use to mine bitcoin:
CPU is an abbreviation for Central Processing Unit. You can use your personal computer to mine Bitcoins. It was the most economical way of mining bitcoins in the past but is now obsolete and takes a long to mine one Bitcoin. Today, you might have to mine 1 Bitcoin for decades to get a fraction of 1 Bitcoin.
GPU is the Graphical Processing Unit. It is a feature of top graphics cards. They were specially designed to calculate the complicated polygons required in high-end video games. This capability made them suitable for hashing the computational mathematics necessary to solve one Bitcoin block.
Despite being costly, they offered miners an advantage over CPU hashing. It offered the miners a higher hash rate. The GPU prevalence paved the way for mining rigs, which were computers developed with complex calculations in mind.
But as Bitcoin mining becomes more sophisticated, the GPUs have become outdated as they take longer to mine a block of bitcoin.
Field Programmable Array or FPGA is an integrated circuit that is configured after being built. The FPGA devices transformed the Bitcoin mining landscape. The machines were more efficient, providing miners with a higher hash rate and led to the creation of mining farms.
As mentioned earlier, this is a microchip explicitly developed for Bitcoin mining at very high speeds. With this technology, you achieve a hash rate that's 100x the previous speeds. The devices also consume less electric power and seem irreplaceable at the moment. However, they are available at very high costs. But they significantly reduce how long it would take to mine one bitcoin.
The software you need is dependent on the equipment you choose. If you are using GPUs and FPGAs, you'll require to run several programs on the host computer.
It could take 10 minutes to discover each block. But, the whole Bitcoin network is usually competing in the block discovery process. It will take a long time to try to find 1 Bitcoin single-handedly, and that's why miners join a pool. So, how long does it take to mine a Bitcoin? It depends on your approach; it could be 10 minutes or 1200 days.
Profitability is affected by several factors. Suppose you adopt an approach that reduces what you spend to mine 1 bitcoin. It is also about how long does it take to mine 1 coin: is it 10 minutes or 1200 days?
It would take a long time, close to 5000 days. Reviews reveal that pools would reject you if you are using GTX 1080 because it is slow. It would take you forever to create a block.
The current rates to mine 1 Bitcoin are between 5,000 USD and 8,500 USD. The cost depends on whether you're using a center or you're doing it individually.
]]>If you are business-minded, you must have thought these disparities create excellent arbitrage opportunities. However, crypto arbitrage is not as straightforward as it sounds. In this guide, you'll learn how arbitrage works in crypto, the different types, and what to look for in crypto arbitrage. After going through the article, you should be in a position to make informed choices.
Crypto arbitrage is the concurrent purchase and sale of a cryptocurrency to profit from a price imbalance. It is a trade in which you take advantage of the differences in prices of the same asset on several cryptocurrency exchanges.
The differences in cryptocurrency prices can be significant across exchanges. These huge disparities present traders with a genuine opportunity to take advantage of inconsistencies in prices. Crypto arbitrage can only exist if markets are not perfect.
Simply put, traders buy low and sell at a higher price. There are several approaches to arbitrage cryptocurrency, all of which are profitable and legitimate. Some are more complex than others, while others require more effort than others.
The main benefits of arbitrage trade are:
Before delving into how bitcoin arbitrage works, it would be best to understand some of the core elements and terminologies used in cryptocurrency arbitrage.
An exchange order book is a fundamental element of asset arbitrage. The order book can be automated or manual and contains a list of current buy and sell orders for an asset. It has four primary terms you should know, i.e., bid, ask, amount, and price.
Regardless of the exchange platform, you're using; there will always be two sides of the bid and ask orders. These are used to assess the interest in buy/sell positions of a specific cryptocurrency. Bids show buy orders - how much a trader wants to buy and the price they are willing to pay. The ask side shows the sell orders.
Also known as fiat money is the usual government-issued and maintained money—the money you use to pay for goods and services, for example, Euro.
This digital asset is created as an open and decentralized means of payments recorded in the blockchain. Examples include cryptocurrency, platform tokens, utility tokens, and transactional tokens.
Volatility refers to the degree of price fluctuations. High volatility is when huge market fluctuations occur because of unexpected events. Low volatility refers to minimal changes in price because of poor demand.
This is the amount of money you are willing to invest in your account to buy security.
This refers to the amount of money you can take from your account after you have successfully traded.
Here is a step-by-step guide to arbitrage trading
There are two main types of crypto arbitrage: regular or simple arbitrage and triangular arbitrage. There is also statistical arbitrage, which is regarded as more complex.
Simple crypto arbitrage involves buying and selling the same crypto asset on different exchanges as fast as possible to take advantage of the inefficiencies in pricing across exchanges. In this form of arbitrage activity, you'll not need any extra trades apart from those required to swap the two assets shared by the asset pair showing the arbitrage opportunity.
The trader will make money from the price difference of the same cryptocurrency but on different exchanges. However, you will have to pay trading and withdrawal fees. The fees can range from 3% to 15% of your crypto asset price, depending on the exchange you use.
You might have to wait for up to five days for the transfer between the two exchanges to be completed. Because cryptocurrencies are highly volatile, the theoretical profit might reduce or increase during the waiting period.
You can reduce the number of fees and waiting time if you deposit both crypto and fiat currency on both exchanges you'll use for arbitrage opportunities. This way, there'll be no transfer of cryptocurrencies between the exchanges, meaning you'll reduce the waiting time. But you'll have to pay withdrawal fees when you decide to take your profits.
A triangular arbitrage happens on one exchange or across several exchanges where the price differences between three different cryptocurrencies provide an arbitrage opportunity. Many exchanges usually have several markets with various quote currency options. This creates a long list of triangular trading patterns in which you can take advantage of price differences in a single exchange pricing.
In simpler terms, it involves trading the first currency into the second one and then trade the second one into a third currency. Finally, you trade the third currency into the first one.
Follow the steps outlined below to perform triangular arbitrage trading:
This type of cryptocurrency arbitrage applies a more analytical approach to trading. To be successful in this approach, you must have great mathematical calculations and exceptional analytical capability. In many instances, traders prefer to use bots to perform all the necessary calculations.
You'll open long and short positions simultaneously to help take advantage of inefficient prices in correlated assets. Since the trading is based on previous price meanings, it provides a degree of risk. Mostly, it uses mean-reversion models.
There are factors traders must consider to be in a position to identify great crypto arbitrage opportunities between exchanges. Some of the elements you must consider include:
To arbitrage, cryptocurrency is legal. The main idea is for a trader to buy and sell crypto assets like in any other security in a market. Some exchanges reserve the right to limit your transactions or freeze your deposits if they suspect you are using tools to leverage trades in your favor.
Yes, when you arbitrate Bitcoin or any other cryptocurrency, you'll make a profit. But, the amount you make is dependent on the opportunities you find on the exchanges. Furthermore, the development of cryptocurrencies worldwide resulted in a more stable market making the exchanges more reliable.
Cryptocurrency arbitrage is a legitimate business venture. It is not a scam, as believed by many. To arbitrage, Bitcoin is an honest and long-established way to trade stocks, commodities, and crypto assets to make profits.
To make money on arbitrage using cryptocurrencies, you must first identify an arbitrage opportunity. These opportunities occur within an exchange or between exchanges. Then, decide whether you'll buy or not. Your profits are determined by the price differences of the assets you choose to trade on.
If you are interested in making profits in the cryptocurrency market, you should consider crypto arbitrage. It is legal, and bots and software will make your trading much more effortless. It would be best if you selected an arbitrage approach that you're comfortable with. If you have a strategy, ensure your choice is in line with it.
]]>We are pleased to inform you that Xcalibra is now in the progress of obtaining an official license as a cryptocurrency exchange in Switzerland.
Over the past year, our team has been working hard and diligently on establishing the processes and the infrastructure to offer the best level of services to all of the traders on this revolutionary technological wave. As a reward, we expect these efforts to bring new opportunities for investors, traders, and users of the Xcalibra platform.
By ensuring a safe and regulatory compliant trading environment on our platform, we will be able to offer new features and access to the cryptocurrency markets, such as the most advanced type of account called “Managed”.
"Managed" Verified users will be able to buy and sell Bitcoin (BTC), Ethereum (ETH), Safex Cash (SFX), and Safex Tokens (SFT) using wire transfers in EUR and CHF.
To maintain compliance with the regulators in Switzerland, the need has emerged for all Xcalibra members to verify their accounts. Verification will become mandatory starting September 15, 2020.
After September 15, 2020, unverified accounts will be restricted to withdrawals only. The deadline for withdrawing funds is January 31, 2021.
Please pass the verification procedure before September 15 to further enjoy using Xcalibra.
Members who verify the "Managed" level account will benefit from the ability to buy and sell their crypto assets for wire transfers and receive a higher level of support by direct communication with a team to facilitate acquisition and liquidation of crypto directly for fiat currencies. From September 15th, 2020 this feature will activate and open the doors to new frontiers.
This has been an amazing year of growth for the Xcalibra team. Thank you for having been a part of this journey thus far, and we are looking forward to sharing the positive results of our evolution.
]]>But the most important factor to consider is how to keep your crypto coins safe. You can be the most successful crypto trader in the world, but if your coins get stolen, all your hard work will be for nothing.
Here’s some important advice to help you keep your precious coins away from would-be thieves.
First and foremost, it’s important to choose an exchange that emphasizes security above all else. The more active you are as a trader, the more trust you’ll need to put in the exchange you use.
Just because an exchange is well-known doesn’t mean it’s impervious to attacks.
At Xcalibra, we’ve built security into every aspect of our crypto exchange. It’s our number-one priority at every turn because we believe crypto traders should be able to rest easy knowing that their coins are protected.
1. Multi-sig cold storage - This is the holy grail of crypto safety features. Xcalibra keeps all its user’s assets in offline wallets, making it virtually impossible for anyone to hack them. These wallets are protected by multiple keys, which gives you the ultimate peace of mind as a user. A cybercriminal wouldn’t be able to gain access to your funds by hacking one point of entry; they’d have to gain access to a large number of keys at the same time to break through these iron-clad defenses.
2. IP-security restriction - One of the best things you can do to protect your funds is to use an exchange that allows you to enable IP-security restriction on your account. This feature means your account can only be accessed from your physical IP address. In other words, a hacker would have to have physical access to your device to steal your funds. Not many exchanges offer this feature; Xcalibra is one of them.
3. Two-factor authentication (2FA) - It is an essential security feature for any crypto trader. Whenever you log into your account, you’ll get a security code delivered instantaneously to your phone. Without this code, you can’t gain access to your account. This simple security feature adds just seconds to the login process but makes it exponentially less likely for hackers to break into your account. As you’d expect, Xcalibra’s 2FA feature is rapid and user-friendly.
4. DDoS mitigation - You need an exchange that protects itself against distributed denial-of-service (DDoS) attacks. If it doesn’t have this feature, the exchange will be left exposed to cyberattacks that can make it impossible for you to access your funds for an extended period. Xcalibra leads the field in preventing such attacks. The exchange uses top-notch security programs to recognize and mitigate DDoS attacks before they do any damage.
5. Automated back-up service - Your exchange should include an automated backup service that ensures data is saved on several servers. This protects you in case one of the exchange’s data hubs has a problem; a backup hub will replace it immediately. Secure exchanges like Xcalibra offer this feature. However, if you trade on an exchange that doesn’t, you’re at risk of being unable to access your accounts if something goes wrong.
You’ve taken the first step and opted for an exchange that takes every possible security measure to protect your crypto coins. But if you aren’t careful with your private keys, all of that can go out the window. It’s the equivalent of buying the latest, most hi-tech car alarm system for your new Ferrari, then leaving the keys in the door.
1. Never send your private keys to anybody - Your private keys are just that: private. If someone tries to convince you otherwise, they’re scamming you. Treat your private keys as you would the PIN for your bank card; keep them to yourself and never, under any circumstances, send them to a stranger.
2. Encrypt all your critical information - Any sensitive information you store on your device or any cloud-storage system needs to be encrypted. If it’s not, a hacker who breaches your initial defenses may be able to use it against you. To avoid this risk altogether, it’s safer to store your private keys physically in a place only you know and have access to.
3. Use strong passwords and don’t reuse them - The stronger your password is, the less likely hackers are to be able to crack it. However, even more, important than choosing a strong password is making sure you don’t use it across different platforms. If, for example, you use the same password for a social media account as for a crypto wallet app, the latter is only as secure as the former. A hacker might easily be able to gain access to the social media account, at which point he also has the password for accessing your crypto funds.
4. Back up your private keys in multiple ways - If you lose the private key to your crypto wallet, you’ll lose the funds stored inside that wallet. It’s as simple as that. Make sure you back your private keys up in at least two places, so if you lose one, you’ll still have the other. For example, it might be a good idea to store one copy of your private key in a heavily encrypted file on your computer, as well as a hard copy of the key in your safe at home.
5. Be extremely careful when using API keys - API keys can be useful, but giving other users or devices access to your account is extremely risky. Never, ever give access to somebody you don’t know and trust, and even then make sure you check what level of permission the API key offers.
This is one of the golden rules of the internet, and it’s even more relevant in the age of crypto. With more than ever at stake, scammers are finding increasingly sophisticated ways to gain access to people’s devices and infiltrate their accounts.
1. Update your antivirus software - You should do this anyway, regardless of whether or not you’re trading crypto. But the fact that you’re about to invest some of your hard-earned money into digital currencies is a wake-up call to ensure that you’re using the latest antivirus software. Any rogue software that makes its way into your system could end up severely compromising your security.
2. Don’t download unknown software or click on suspicious links - This is another no-brainer, but it’s worth remembering when your crypto security is on the line. If you’re not 100% sure about the program you’re about to download, walk away. It could be cleverly disguised malware that will give cybercriminals access to your device and make it easier for them to steal your digital currencies.
3. Only install trusted plug-ins and understand the permissions you grant them - Once again, this is good general advice. As with software downloads, plugins can be malware in disguise. Double-check any plugin before you install it and make sure it comes from a trusted source. Even then, you should be wary about granting broad permissions to plugins. After all, your security comes first.
4. Store your funds in a hardware wallet - By storing your crypto coins in an offline hardware wallet, you eliminate the security risk that comes with being connected. This means that if something does happen to your device, your coins will remain completely unaffected. Of course, you need to make sure you keep the hardware safe and secure in its physical location.
We hope these tips have helped put your mind at ease and shown you that there are indeed many ways to protect your digital assets. It’s not impossible to keep your crypto coins safe - all it takes is some planning and a bit of extra care.
If you’re interested in trading on the crypto exchange that puts security above all else, make sure you visit Xcalibra and get started.
]]>What you might not realize, though, is that this Western Balkan nation of seven million people has already developed a strong crypto culture. In 2019, Serbia is home to several leading crypto and blockchain firms.
What’s more, there’s an increasing number of restaurants, bars, and shops that accept crypto payments in Serbia. That’s perhaps the most promising indication of crypto’s increasing appeal in this part of the world. After all, we’ll never reach mainstream crypto adoption until people can spend crypto as they would any other currency.
Regardless of whether you live here or are just visiting on vacation, there’s every chance you want to pay with Bitcoin in Serbia. That’s why we’ve compiled the ultimate Belgrade crypto guide, with a few crypto-friendly businesses from other parts of Serbia thrown in, too. We hope you’re ready to get your digital wallets out and join us for the ride!
One of Serbia’s best-known craft beer brands is also the king of cryptocurrency in Serbia and the technology’s most public exponent. This increasingly popular brewery, located just across the road from Belgrade’s city lake, has been at the forefront of accepting crypto payments in Serbia for several years.
https://www.facebook.com/DogmaBrewery/photos/a.2455576994657581/2455577197990894/?type=3
The business’s co-owner, Mladjen Merdović, is also the president of the Bitcoin Association of Serbia. He introduced crypto payments to the brewery after getting involved in Bitcoin as an early adopter. His former restaurant, Apetit, also accepted crypto payments for several years.
In many ways, Dogma’s success has gone hand-in-hand with the cryptocurrency boom. The brewery is a favorite among members of the local tech scene and regularly hosts meet-ups for crypto enthusiasts and successful blockchain startups. Its prominent “Bitcoin accepted here” sticker is a welcome sight for any visitor looking to use their crypto in a real-world scenario.
Of course, you don’t want to spend your cryptocurrencies on any old beer. Thankfully, you’re in safe hands at Dogma. At any one time, the brewery offers up to 12 of its own craft beers on tap, as well as a bunch more in bottles. Order yourself a mouthwatering platter of sausages and fries, wash it down with a pint of Hoptopod, and get your wallet app ready - you’re in for a big night!
https://twitter.com/Dogmabrewery/status/841681354316234752
We love it when a business keeps it simple and does what you’d expect it to. That’s exactly what you get with cryptoshop.rs, an online shop that advertises itself as the first crypto store in Serbia.
The site offers great deals on a range of appliances, all the way from phones and laptops to white goods, televisions, and gaming appliances. Aside from four major cryptocurrencies, the site also accepts payments with credit cards and major web wallets, including PayPal.
https://www.facebook.com/cryptoshop.srbija/photos/a.324716241758686/371851960378447/?type=3
As you browse through the items on offer, you’ll see all prices presented in the local currency, Serbian dinars (RSD). However, you’ll also notice small logos for Bitcoin, Bitcoin Cash, Ethereum, and Litecoin under each product. Simply by hovering over the corresponding logo, you’ll be able to see how much the product costs in each one of those cryptocurrencies. It’s a simple UX feature that shows how serious the site’s owners are about shopping with cryptocurrency in Serbia.
So, if you’re looking for an online shop where you can spend cryptocurrency in Serbia, look no further!
Located in a hilly suburban area of Belgrade, you’d hardly expect this unassuming computer business to be a leader in the region’s charge towards the future of cryptocurrency. How wrong you’d be!
Founded by Nikola Cvijović, a computer expert who has been a board member of the Bitcoin Association of Serbia for nearly five years, Dazoni offers a full range of services to local small businesses. These services include building and repairing IT networks, servicing computers, and distributing hardware.
Thanks to Cvijović’s passion for crypto and blockchain, you can pay with cryptocurrency here. Let’s hope some more companies in the Serbian IT sector follow his lead!
Belgrade has seemingly thousands of cafes. To date, only one of them accepts payments in cryptocurrency.
Tebra Caffe, located in the city’s upscale Vračar neighborhood, began accepting Bitcoin in April 2019. Now you can pay for your cappuccino with your crypto, which is a sentence we’ll never get sick of saying.
https://www.facebook.com/TebracaffeVracar/photos/a.456273371423173/694784994238675/?type=3
Aside from its crypto-friendliness, this trendy cafe also offers beers, a delightful beer garden, and regular live music performances. If you’re not sure where to spend Bitcoin in Serbia, make sure you check it out.
It appears that in Serbia, crypto and craft beer is a match made in heaven.
So, you know where you can spend cryptocurrency in Serbia. But how will you get your hands on it in the first place?
Using your RSD, you can buy and sell Bitcoin, Safex Cash, Safex Tokens, and Ethereum at Xcalibra. Best of all, since the exchange uses RSD as its base currency, you won’t be hit with any nasty extra fees.
As the revolution crypto sweeps over this part of the world, you’ll be glad you got in early. Head to Xcalibra now so you can spend cryptocurrency in Serbia the smart way.
Xcalibra offers both deposits and withdrawals in SFX and SFT, in exchange for Serbian dinars (RSD). You can make five different trades with Safex on Xcalibra:
This is big news for investors in one of the most promising privacy coins. Being able to trade back and forth between SFX and SFT with minimal hassle will make life a lot easier for those planning to trade Safex Token and Safex Cash.
To learn more about Safex Cash and Safex Token, check out their website here.
Happy trading!
]]>