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CoinEgg Review – Is coinegg.com scam or safe cryptocurrency exchange?
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Trading Accounts
| Account type | Leverage | Trading Fee | Deposit Fee |
| Standard | N/A | 0.10% | Free (Crypto only) |
CoinEgg is a cryptocurrency exchange, based in the United Kingdom. The company only focuses on digital assets, without providing any form of fiat currency trading. While this will make them unattractive for some companies
CoinEgg Advantages
A lot of altcoins – at the time of writing of this review, 42 different assets are included on CoinEgg. While the usual suspects, such as Ethereum, Bitcoin Cash and Litecoin are present, some of the rest appear to be more exotic. You must check the details to get the full picture, but it’s safe to say these are not the top coins, in terms of market capitalisation.
While 42 may be a lot for some people, if you are looking for a specific coin/token, you should first do your research on the venues, where it is traded. Bittrex, Binance and EtherDelta are very likely to have it.
Low trading fees – the 0.10% fee on all trades makes CoinEgg a very competitive exchange. While other parts of their service may not be so pleasant, you must keep in mind a lot of exchanges charge something around 0.25%, with Kraken offering 0.26%, but a more trader-friendly environment.
Has not been hacked – CoinEgg has been around since 2020 and we didn’t find any information on a successful attack around this exchange. This is not a guarantee for the future, but is always a good sign.
CoinEgg Disadvantages
Trading only against BTC – as we hinted in the beginning CoinEgg does not offer any type of fiat currency integration. Even the slightly controversial Tether tokens (USDT – a cryptocurrency backed by US dollars) are not listed.
Low liquidity on some instruments – this is to be expected given the nature of CoinEgg – fiat currency deposits are not supported and some of the tokens seem bizarre (at least to us).
Withdrawal fees up to 1% – this exchange charges withdrawal fees, which can go as high as 1% for the more exotic coins. The rates for the more popular coins are rather acceptable, with 0.001 BTC, 0.001 LTC and 0.01 ETH, respectively.
No leverage offered – CoinEgg does not allow traders to borrow money in order to speculate more aggressively. If this is what you are looking for, a forex broker may be a suitable alternative for you.
CoinEgg is a UK-based digital assets exchange. The company does not accept or send any form of fiat currencies, which puts them in the category of trading venues which are not regulated (as no legislation for them exists). This will definitely not be everybody’s cup of tea, but when it comes to exotic assets, CoinEgg offers a few of them. With such low fees, it’s not hard to see this exchange attract even more volume in the future.
Coming back to the regulatory aspect, we will reiterate what you probably know – dealing with cryptocurrencies still carries a significant level of risk. Even some of the top-tier exchanges have been hacked in the past. This is one of the topics on which the forex, brokers offering cryptocurrency trading have an edge. That being said, scammers do pop-up in the field of traditional finance. Check our list of tightly regulated forex brokers, offering Bitcoin below.
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XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection. FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals. FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions. HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry. Nowcoin.pw Review: Is Nowcoin Scam or Should I Invest?The current price of NOWCOIN is 0.00134 USD today. Will NOWCOIN price drop / fall?Yes. The price of NOWCOIN may drop from 0.00134 USD to 0.000232 USD. The change will be -85.589%. Will NOWCOIN price grow / rise / go up?Will NOWCOIN replace / surpass / overtake Bitcoin?According to our predictions, this won’t happen in near future. Will NOWCOIN crash?According to our analysis, this can happen. Will NOWCOIN hit 1 USD in a year?Not within a year. See above. Will NOWCOIN hit 5 USD in a year?Not within a year. See above. Will NOWCOIN hit 10 USD in a year?Not within a year. See above. 14 Days Historical Data
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yolinda-gomez — This shouldn’t come as a shock to anyone considering how many major attempts have been made in the past to manipulate bitcoin’s future. In 2020. Sweatcoin Review: Is Sweatcoin Legit or a Scam? How Much Did I Make?Money Done Right does not run display ads or accept sponsorships to promote particular products or services. However, we may receive a commission if you purchase or sign up through links on this page. Here’s more information about how we make money. I’ll admit that I was skeptical that I could actually make money walking with the Sweatcoin app.Surely it must be a scam, right? Something that pays you to do something as simple as walking can’t be legit, can it? Table of Contents Is Sweatcoin a Scam?Well, good news: Sweatcoin is not a scam. You will get paid to walk, but you should not have unreasonable expectations. You will make some money, but it’s not like you will be making hundreds of dollars a day simply by walking. How Much Have I Made With Sweatcoin?How much you can make with Sweatcoin depends on how active you are. Now, I don’t know how active you are. I don’t know if you’re a marathon runner or someone who barely gets off the couch. So I can’t tell you how much you’ll make with Sweatcoin, but hopefully you’ll be able to figure that out after you see how I break down how much I’ve made with Sweatcoin. In 3 Months, I Made About 600 Sweatcoins.One of my resolutions this year was to walk at least 5,000 steps a day. This is when I downloaded Sweatcoin to inspire me to reach this goal. Since the beginning of the year, I’ve actually averaged about 7,500 steps a day. So as of the time of writing at the end of March, I’ve made 602.66 Sweatcoins and averaging about 7,500 steps a day. This Is Worth Either $30 or $8, Depending On When I Cash Out.So how much are my 602.66 Sweatcoins worth? Well, let’s do some quick math. There are two ways to convert Sweatcoin into PayPal cash, and each of these ways yields a different value for Sweatcoin. If I Cash Out Early, Then I’ve Made $8.So if I wanted to cash my Sweatcoins out relatively quickly, I wait until I have 3,650 sweatcoins saved up, when I could exchange them for $50 cash via PayPal. If you divide $50 by 3,650 Sweatcoins, this means that each Sweatcoin is worth about $0.0137 each. If I multiply my 602.66 Sweatcoins by $0.0137, I get $8.26. So if I’m planing on cashing out my Sweatcoins in the next year, you could say that I made $8.26 from Sweatcoin in a few months. If I Wait to Cash Out, Then I’ve Made $30.Have you ever heard the expression, “Good things come to those who wait”? Well, it’s certainly true when it comes to Sweatcoins, because you can over triple the value of your Sweatcoins if you are willing to wait to cash out. See, in addition to the 3,650 Sweatcoins for $50 option, there is also the option to exchange 20,000 Sweatcoins for $1,000. If you divide $1,000 by 20,000 Sweatcoins, this means that each Sweatcoin is worth about $0.05 each. If I multiply my 602.66 Sweatcoins by $0.05, I get $30.13. So if I’m planing on waiting a few years to cash out my Sweatcoins — or just become a lot more active than I am today — you could say that I made $30.13 from Sweatcoin in a few months. So Is Sweatcoin Worth It?Yes, for me, Sweatcoin is certainly worth it. I am getting paid to do something — walking — that I would do anyway. You Really Do Make Money for Walking.Believe it or not, you do get paid for walking with Sweatcoin. In my opinion, this makes the Sweatcoin app definitely worth it! You Also Become Healthier!I know that Sweatcoin has helped me become healthier. See, I’m really into personal finance. Money’s kind of my thing. I like making money, I like saving money, and I like investing money for passive income. And my financial goals sometimes get in the way of my health goals. Lots of the time I would rather spend my time working on this blog or on other ways of making money than on my health by exercising. But Sweatcoin has helped to inspire me to exercise more because I know that when I’m out walking or running, I am also in some small way making more money. Logan is a practicing CPA, Certified Student Loan Professional, and founder of Money Done Right, which he launched in July 2020. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan. 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Wondering how to make money on the side?… 50 CommentsIf you walk 7500 steps per day, can’t you find at least 1 nickel during your walk? Turn the app off and start picking up the lost coins. Bending over one time per day is probably good for you, too, and no one will track you. You can spend your nickel on anything you want – today or in one year. You don’t have to go through paypal with your nickel and no one keeps a commission on your nickel. Your smart phone already tracks your steps if you’re curious. Just use one of the free apps to view your steps. So you do or don’t get $1000 when you reach 20,000 steps?? Asking for a friend It’s 20,000 Sweatcoins. One Sweatcoin is 1000 steps, so you’ll get paid $1000 for walking 20 million steps. How cool they adquire your name and phone and sell you info to 3rd party specially the way you interact. Think about it… you owe to the bank or irs some money… with the phone number they buy the ingo and know where you are �� The app sucks you can only buy certain things I have over 3,000 dollars in Sweatcoins and that’s not counting the money they have taken away most of the items ask for card info to charge you and some of the other items you would have to add people just to receive it to me it’s a scam There’s a new thing out. It’s called punctuation. Try it some time. Oh, and it’s not a scam. This app wastes my phone battery more than it’s worth for a few cents a day to walk. How many steps equals a sweat coin? Hi Esther. To earn one Sweatcoin you must take 1,000 steps. Just signed up through your link, and to email newsletter.. shaun They try to get you to buy stuff in their marketplace but it’s just really you trial testing somethong and paying with sweat coins when you could have had a free trial, they even charge you for shipping and fees so unless you do 20000 sweat coins and are a member for 24 months you get nothing if you think u can get the 1000 dollars via PayPal. Basic members are capped a earning just 5 sweat coins a day Because you people DO NOT KNOW HOW TO USE THE APP THATS WHY SERIOUSLY MY DAUGHTER ALREADY CASHED OUT 100.00 yes 100.00 CASH at times you can get money ect like PAYPAL PAY ATTENTION PEOPLE RESEAECH THE WHOLE APP EVERY DETAIL I MEAN EVERY TINY LITTLE DETAIL jeeze put it on 1.000 and you can cash out at 1,000 but it depends what subscriber you are . Quit complaining Free stuff and Money seriously how did she cash it out The woman who referred me cashed out $100 too How do you cash out HOW DO I CASH OUT? PLEASE HELP ME. From my understanding there is no way to cash out using the Sweatcoin app. I’ve had it for a couple of months now and have about 200 Sweatcoins, but they don’t have a way to convert to actual money yet. According to the creators that is actually their long time goal, but it is not yet possible. They only have online offers you can exchange your Sweatcoins for. This is how I see it. Everyone is complaining about how it’s a waste of time, and how it drains your battery but listen to the reality. I downloaded sweatcoin back in February I believe, because a girl I know was telling me about it. I’ve made about 500 sweatcoins and it’s July. So about 4 months. Your phone is always on you or your watch. You don’t have to think about it just use it. It’s free money and it’s accumulating your outdoor steps even when you don’t know it. When you’re walking your dog or when you’re just taking the trash out , all these outdoor steps are being added into your money. If you don’t have a newer phone then put on battery power mode and it will help with the battery from draining. And if you have a smart watch you don’t have to worry about your battery because it’s active on your watch and not your phone. And one last idea if you’re worried about the battery dying so much or it not calculating all your steps, just download a step tracker so that it’s calculating all your outdoor steps and sending it over to sweatcoin. I have an iPhone 8 and have the series 3 watch so when I turned my phone on I already had an activity tracker so i’m not sure if it’s different. I don’t mean any harm just trying to spread a little help. Wish everyone the best Hey help me out here ? I recently downloaded the app and tried it today.. I did a long walk and did open the ap before i started my journey.. I tried tracking my steps while walking and it was working.. However when i close my phone the app stops counting the steps .. Do we have to like on the phone throughout ?? Please tell me how does it works ? I did 16.485 steps in a day and I did 9.04 Sweatcoins, if you divide 16.485 over 9.04 that give you 1823.45, that means that 1823.45 is the worth of every single Sweatcoin, that’s the way it is, greetings from Virginia/USA. I know it only records outdoors, but why would it vary from morning to night? I go out with my doggy in the morning (daylight) and earn about 2,000 steps. We go out at night when it is cooler and traversing the same route I only get about 800. Does being in the dark or moving a bit slower matter? The real question is what are they doing with all of the data they are collecting from each person that they are “paying to walk”. You are giving them access to you gps all the time. Who are they then selling that info too. So they can pay you .001 for every mile. I’ll keep my privacy and peace of mind then getting paid $8-30. 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