TeslaCoin is a trading machine that deals in Bitcoin, Ethereum, and other top cryptocurrency for you. What differentiates this platform from other bots for crypto is the fact that it makes use of Tesla Coin cryptocurrency (TES) as the currency used to store value within the account you use for trading. Is TeslaCoin worth your time? If you read this TeslaCoin Review we’ll go over all you must be aware of about this platform for trading and find out whether TeslaCoin is genuine.

TeslaCoin Summary

Let’s start our TeslaCoin review by providing a brief review of all the information you must learn about this crypto trading robot.

Visit TeslaCoin Now The crypto assets are highly unstable, unregulated investment product. Your money can be in danger.

What is Tesla Coin?

TeslaCoin can be described as an automatic cryptocurrency trading platform that is also known as an Bitcoin robot. The company claims that it purchases and sells cryptocurrency on your behalf to make profits.  According to the website, Tesla Coin can trade the most well-known cryptocurrency such as Bitcoin, Ethereum, Ripple and Cardano. The purchase and sale orders are managed by an algorithm, which means Tesla Coin can trade all day long for you and does not need to stop for a moment. It’s crucial to remember that cryptocurrency assets are a volatile , unregulated investment product. TeslaCoin declares that it does not charge any charges for the use of its platform. You must however make a at least a $250 deposit before you can begin using TeslaCoin. You can use the system in demo mode, and withdraw your money at any time.

TeslaCoin Pros & Cons

Pros

• You can trade cryptocurrencies anytime, anywhere, and in real time
• Demo mode allows you to test the platform
• This requires only a few trading skills
• Instant withdrawals are supported.

Cons

• No mobile app available
• TES can be extremely volatile

The crypto assets are highly volatile , unregulated investment. Your money can be in danger.

How Does TeslaCoin Work?

According to the website, TeslaCoin uses a sophisticated algorithm to monitor changes in the price of major cryptocurrency. If the algorithm finds an indication of a pattern it will then execute an order to buy or sell using funds from the trading account. The algorithm will keep an eye on price fluctuations and then will exit your position to make the loss or profit once the pattern becomes less reliable. TeslaCoin does not specify how precise its algorithm is in trading to make a profit. Be aware that TeslaCoin is only a cryptocurrency exchange and is therefore not a good investment option for Bitcoin for the long-term. Remember that any trading involves risk. TeslaCoin may be a loss of funds.

TeslaCoin Key Features

Let’s look closer at some of the most prominent characteristics as part of the TeslaCoin review.

24/7 Automated Trading

Because TeslaCoin utilizes an algorithm that trades day-to-day cryptocurrency on your behalf and place trades on the crypto market at any time, and without having to take breaks. The platform is completely automated, meaning there’s no requirement to manually enter trades or monitor your account during the day. TeslaCoin recommends that traders log every 15 minutes throughout the day to assess how their account is doing.

Trade Multiple Cryptocurrencies

TeslaCoin currently has 4 cryptocurrency exchanges: Bitcoin, Ethereum, Ripple and Cardano. Each of them is significant cryptocurrencies and are among the Top 10 of digital currencies based on market capitalization. This means that there’s lots of trading activity and plenty of volatility within these coins and this creates many possibilities for TeslaCoin to trade.

Demo Mode

TeslaCoin provides a demo version to let you test the system and test the results without risking any cash. Demo mode gives you the chance to determine the kinds of trades TeslaCoin will execute and the amount of profit and loss you could be. You can also alter certain of the platform’s parameters within a secure setting.

Instant Withdrawals

TeslaCoin lets you withdraw your money anytime. The platform makes payments in a matter of minutes and there are no withdrawal fees. All payouts are made in fiat currency and not in the TES. Visit TeslaCoin Now The crypto assets are highly volatile , unregulated investment. Your investment could be at risk.

TeslaCoin Fees

According to the website, TeslaCoin doesn’t charge any fees to use its platform. There aren’t any fees for deposits or withdrawals or commissions on the profits or trades TeslaCoin earns on behalf of you. It is important to note that every trade is subject to the spreads charged to cryptocurrency brokerages TeslaCoin employs. Additionally, there could be small fees on blockchains for the conversion of fiat currency into TES and vice versa. These fees aren’t charged directly by TeslaCoin however, they may affect your account.

Is TeslaCoin a Scam?

One of the main concerns we had to address in this TeslaCoin review was: Do you think TeslaCoin an enigma? As per TeslaCoin’s website TeslaCoin website, the platform is totally free and provides a demo version to test it before you risk real money. Furthermore the platform’s focus is on the most popular cryptocurrencies, such as Bitcoin which are known for their volatility and offers many opportunities for rapid-paced trading.

TeslaCoin Minimum Deposit

TeslaCoin has a minimal initial deposit of $250 to begin using the platform. It is necessary to make this deposit before you are able to use all of the features available on TeslaCoin such as the demo trading feature. The money you deposit is yours to keep and is able to be taken out at anytime.

TeslaCoin Customer Support

TeslaCoin claims to provide support from a designated account manager once you sign up to the site. However our TeslaCoin review revealed that there’s no method to contact customer service prior to signing up.

How to Buy Tesla Coin

Are you ready to give TeslaCoin a shot? This portion of the TeslaCoin review will guide you through the process of signing up and begin trading.

Step 1: Sign Up for TeslaCoin

Visit TeslaCoin’s site and sign-up. Input your email, name and your phone number into the registration box, and Click Sign Up Now. 

Step 2: Deposit Funds

TeslaCoin requires a minimum investment of $250 at the time you sign up. It is possible to pay through a credit or debit card or bank transfer. There are no fees for deposits at TeslaCoin.

Step 3: Start Trading

You’re now ready to start using TeslaCoin. You can play around with the demo mode to get a feel for how the system works as well as experiment with optimizing the parameters used by the algorithm. When you’re done, turn on Live trading, and TeslaCoin will begin automatically purchasing and selling cryptocurrency for you.

The Verdict

Our TeslaCoin review showed that this robot for trading in crypto will trade Bitcoin, Ethereum, Ripple and Cardano in your name automatically. The robot is available all hours of the day and claims to identify those patterns that are profitable in trading. We can’t confirm all statements made by Teslacoin therefore, make sure you do your homework and test the demo account prior to deciding if you decide to use the platform. Are you interested in trading with TeslaCoin? Click the button below to begin trading today.

Waves’s initiatives on DeFi, staking and interoperability cause a 107% increase

A special focus on interoperability and staking has enabled Waves to reverse course with a 107% increase over the course of a month.

The first half of 2020 was rather tumultuous for Waves (WAVES). Altcoin performed 36% less than Ether (ETH).

Despite the short period in the Top 20 in December 2018, the proof-of-stake project created in 2016 by Russian physicist Alexander Ivanov seemed to have lost its momentum.

The platform’s success was initially due to its mobile application designed to simplify the user experience of decentralised applications (dApps). Waves‘ blockchain Bitcoin Code combines on-chain governance and blockchain-based computing; unlike Ethereum, however, it has fixed fees.

This means that there are no variable processing costs for miners and validators. In addition, the network has its own programming language for smart contracts called Ride. While not as comprehensive as the more complex Solidity used by Ethereum, Ride offers formal verification.

To date, several applications have been created, including decentralised exchange (DEX), marketplace, p2p loans, video games and escrow services. Similar to Ethereum’s Metamask, Waves Keeper is a browser plug-in that allows users to interact with the Waves ecosystem, including websites and dApps.

In addition to these apps, the project also has its own exchange that supports trading with crypto and fiat currencies. Similar to major exchanges such as Coinbase and Binance, Waves Exchange can also be accessed from Android and iOS apps.

After a long period of hibernation, the token price gained momentum in August

This recovery came about following the introduction of portability on the Ethereum network of the algorithmic stablecoin Neutrino Dollar (USDN) based on the Waves blockchain.

A week later, on 12 August, Waves announced the Malibu v1.2 Mainnet, which took 11 months to develop. In addition to increased network security through Verifiable Random Functions (VRF), the update solved the problem that failed complex transactions paid no fees. By adding the new Ride v4 programming language, it made the network more robust and DDoS-resistant.

On 17 August, Neutrino Dollar (USDN) reached $50 million in total blocked value (TVL), becoming the largest DeFi project outside the Ethereum ecosystem.

In the following months, a quieter period caused a 28% drop in the price of WAVES compared to Ether, but things changed after the announcement of the ERC-20 portability, which arrived on 22 October. This new tokenized version provided access to a wider range of dApps and DeFi protocols.