With the low transaction charges making binance a proper exchange platform to conveniently buy Crypto without falling victim of pyramid schemes like OneCoin and Fintegri exchangers in Uganda. Binance Uganda charges relatively low rates on small deposits or withdraws with their minimum Mobile money tap fixed at UGX 50,000.

The Same way buying crypto on the platform only requires you to have your true KYC documents ready and an active Mobile money account, It’s the same way buying Lite Coin just got easier with the coin currently trading between $100 to $150.

What you should be excited about with LiteCoin available on Binance

Last year, Binance announced Pax as its newest coin on the platform through their official Telegram group, but now, we have Lite Coin. As the name sounds, LTC is just like any other crypto project that is still led by Bitcoin ruling the Top 10 pike with Binance’s own BNB not missing out on the top list.

So you should be super excited to trade some LiteCoins since the project is one of those fast growing value options you can abide by without opting for a loan to buy some Bitcoins. Either way, LiteCoin has been available on the main binance trading platform and its cross over to the Ugandan Fiat exchange wing means trading the coin just got easier.

On the other hand, Binance’s BNB coin is also a promising yet big project to look out for that saw the exchanger Founder CZ tame it as one of those future projects to look at even when it is based on Ethereum. So, you can choose to buy both BNB and LTC coins to trade as pairs and earn some extra crypto cash whenever bulls shine in your favor.

If you’re a loyal user of Facebook services including Messenger, Whatsapp, and Instagram, then be ready to brace the upcoming cryptocurrency that is reportedly going to be stable unlike any other coin on the exchange market. However, will this be a breakthrough of an internet giant to the crypto world or just another point of speculation? We find out

How Facebook’s CryptoCurrency will work

In case you thought crypto currencies are just Ponzi schemes ignited by fraudsters then you are wrong. Major coins like Bitcoin, Ethereum, Ripple, Litecoin depreciate and appreciate in price with time. For instance, 1 Bitcoin was worth $20,000 in December 2017, but now, the same volume costs not more than $4,500 reflecting a loss for the impatient league of traders.

Fortunately, Facebook’s inked coin will not fluctuate in price but rather be a full stable coin unlike major coins on the exchange market. USDT (Tether) is one of the most stable coins Facebook is borrowing a leaf from for a static price without fear of any economic shortcomings.

Basically, facebook’s coin will be a replacement for cash and will be used on all company messenger application including Whatsapp and Instagram. So, the next time you’ll try to pay for Facebook Ads, you may have to either sacrifice your mobile money balance for crypto coins or hook up a reliable crypto broker for the Facebook coin.

FaceCoin! Will it be a reliable currency to embrace?

FaceCoin is a stable currency option that seems to be reliable by the look of things since its value willn’t always depreciate or ride on speculations. But instead, function as an alternative to cash the same way Mobile money rocks in Africa. So the coin will be reliable without any form of value loss digested by all end users.

Since FaceCoin is a stable currency, this means Facebook will need the support of physical banks and subject itself to a banking license in order for its coin to have a stable clear base, meaning this will be an expensive coin with bumps of value in circulation. Henceforth, FaceCoin will simply be your real money converted into crypto without any appreciations in value expected, unlike Bitcoin where miners earn free coins per transaction together with traders riding in the same lane.

All in all the applause of block chain technology in the world will once again meet with the trends list once Facebook’s cryptocurrency becomes a force to reckon with. Furthermore, it won’t be too late than a big reveal replacing the previous Messenger, Whatsapp, Instagram merger rumors turning out to be a stable Crypto Currency from the global tech giant.

The fate of Crypto currencies was never known 10 years ago, but 10 years to the future, the talk of Cash and banks will be a long gone story with the latter left to regulate fiat prices where relevant. In 2019, the horoscope sights bulls coming back into play after the terrible loss a few months back and so, this might be the end of cash in some countries around the world.

The popularity scale of CryptoCurrencies WorldWide

In Uganda, the only cryptocurrency that has made it to the rumor mill is Bitcoin with Ethereum only crossing over to the Elite circles and several pyramid schemes like OneCoin, Development channel, D9 among others spreading the networking rhythm to unsuspecting newbies. So, true block chain powered products have not had a great platform in Uganda since pyramid schemes are now the talk of the day

Crypto-Currencies like Bitcoin, Ethereum, Ripple, Tron, Stellar, Cardano among others are the future of money all over the world. Created as evolving products on the blockchain network, all these coins have a service to offer in return with a wide popularity scale once they are embraced by most Governments across the globe

Crypto Currencies on Replacing Cash

Well, the great question of the day would be! Are these great investments and can they be trusted? Yes, by the time the world will be ready and set to embrace crypto, the prices will eventually be higher than they are currently. However, traders would be the key beneficiaries from the respective projects once Cash becomes history.

A Cryptocurrency like Ripple (XRP) works in a way that it allows cross-border payments at Zero charges, this same concept is what we currently rely on through World Remit, Money Gram and Western Union. Henceforth, Cryptocurrencies will simply replace the way we transact and purchase items products with a much faster transparent approach. So, the cashless movement is evident with mobile money and embracing virtual currencies at this stage would make everyone a blockchain disciple in the next decade starting this year.

To rely on and use crypto currencies all you would need is a unique identification on the block chain network required by every broker like Binance or Coin base. Identification tags could be Government issued IDs together with any current biometric information that may be collected depending on the currency to be purchased. Nonetheless, we shall be sharing a simple DIY Binance Uganda procedure for convenient Fiat to Crypto exchanges

Aidos Kuneed (ADK) is a tangle based cryptocurrency founded by Ricardo Badoer who went ahead to buy 16% shares in Sumac bank and 23% in Hakika bank according to IT Web Africa. With a main goal to have the ETF standard accepted by the Kenya (Nairobi) Securities exchange, the crypto-based ETF has its history in the US SEC where it has always been delayed or rejected further

But with the inclusion of cryptocurrencies on a stock exchange market like the Kenya Securities exchange would attract more crypto investors in East Africa with key focus to ADK Kuneen. As per the founder, his involvement in the banking sector is a clear shot towards domination of the crypto to help expose the transparency and privacy options of Crypto as a mode of banking

As the story has been with major crypto currencies like Bitcoin and XRP adopted as means of payment is some regions, the ADK crypto is expected to be listed on the Nairobi Securities Exchange before the end of the first 2019 quarter.

Well, does this mean more investors will now understand the true benefits of Crypto in Kenya since ADK is an open source project that focuses on privacy, decentralization and scalability? In this bearish crypto season, we shall be on the look for the broad NSE decision on accepting the Tangle based cryptocurrency in Kenya

Although cryptocurrencies don’t have specific prices aligned to any of these, false scams are as popular as them including the popular One coin do or doubt in Uganda. By the default notice, we dug deep into what many traders opt to invest in at a moment when Bitcoin has lost its once $10000 value in December 2017 and came up with the best cryptos you can invest in before 2019 ushers in another trendline on the blockchain.

ZCash

Even if Zcash is predominantly new to the market, it has covered several grounds in such a short span. The CEO, Zooko Wilcox-O’Hearn is forward thinking and continuously plans of growth and expansion strategies. At the moment, Zcash has around 21 million coins in transactions. Investment in Zcash is easy as you can enjoy a certain level of anonymity and can get the detailed report of the transactions you’ve carried out, hence making it one of the best cryptocurrencies to invest.

Zcash Price for today is $206.893. Its current circulating supply is ZEC 4,381,944 with a market cap of $906,593,488. You can convert ZEC to BTCat best rates from CoinSwitch.

Dash (DASH)

Digital Dash should be included in top cryptocurrency list, when it comes to investment opportunities. Although it was created in 2015, its market capitalization hit $2,036,525,273.Within this short span, they have consistently handled about $100 million worth of transactions daily as they are safe and secure.

Dash Price for today is $265.183. Its current circulating supply is DASH 8,201,809 with a market cap of $2,174,980,229.

Neo (NEO)

Two names always pop in our minds when we talk about blockchain and innovation- Vitalik Buterin and Da Hongei. The former as we know is the creator of Ethereum, wherein the latter is the creator of NEO coin. The NEO technology is underpinned by a Delegated Byzantine Fault Tolerant system, which adds sophistication to the system. Its improved proof of stake tech makes it one of the best cryptocurrencies to invest in.

By now, you might have got a fairer idea of the cryptocurrencies which will be good for investment in 2018. As stated earlier, investment is a risky process so it shouldn’t be rushed. You should always take investment decisions in a logical manner.

NEO Price for today is $38.1769. Its current circulating supply is NEO 100,000,000 with a market cap of $2,481,498,500

Steem (STEEM)

Steemit, the blogging, and social media platforms have decided to venture into cryptocurrencies. Activities like writing blogs and comments will award tokens to the writers. This token can be used for payment of other things on the platform. This is booming as more and more budding writers are showing their interest in this social media creative writing enabler.

Steem Price for today is $1.63258. Its current circulating supply is STEEM 282,833,303 with a market cap of $434,036,427.

Cardano (ADA)

Cardano is the distributed computing platform that implements blockchain technology for the ADA coin. As a decentralized blockchain platform, Cardano is an entirely open-source cryptocurrency project. Cardano is also the first cryptocurrency platform, based on the Haskell code, an industrial product used for mission-critical systems.

Cardano Price for today is $0.183765. Its current circulating supply is ADA 31,112,483,745 with a market cap of $4,764,488,117.

Tron (TRX)

In spite of its occasional increase, Tron is attracting more and more investors. The reason is that most of the investors are realizing its potential in the upcoming months. Buying when low is the holy grail in the cryptocurrency bible. Launched by Justin Sun, Tron is set on a decentralized platform. Fast and secured transactions can be made with the help of this currency. The main motive is to promote and support the entertainment industry which enables all the users to upload and download various types of media without the intervention of third parties like Google Play Store and other middlemen parties.

TRON Price for today is $0.0408425. Its current circulating supply is TRX 99,000,000,000 with a market cap of $2,685,317,250.

Nem (NEM)

Nem is different from other cryptocurrencies because of two main reasons. You harvest instead of mining as is the case for other cryptocurrencies. The other concept is proof-of-importance to determine who harvests the next block. NEM transactions take around 6 seconds to show up and 20 seconds to confirm. NEM is incredibly scalable which takes about 3000 tx/s where BTC is bogging down at 4 tx/s. Another advantage is that the transaction cost is ultra low, around .01% fee. So you need a penny to send $100 or 10 cents to send $1000.Isn’t that awesome?

Last, but not the least NEM uses 100x less power than BTC to run a node or harvest.

NEM Price for today is $0.192801. Its current circulating supply is XEM 8,999,999,999 with a market cap of $1,735,209,000.

Binance coin (BNB)

Binance is not only the world’s largest cryptocurrency exchange but its the name of a coin, too. BNB falls under the top 30 cryptocurrencies in the world by market cap. Binance has high liquidity and one of the assets which is superior in cryptocurrency trading. BNB offers great prospects in the long run as it increases steadily at times of turmoil, too. Since it has added 15 new tokens, it has seen around 50% adoption after that.

Binance Coin Price for today is $13.1821. Its current circulating supply is BNB 192,443,301 with a market cap of $1,259,055,631.

0x (ZRX)

0x is the latest and trending cryptocurrency that is grabbing the attention of the traders and investors. It is a decentralized exchange of ERC20 tokens and the users can directly place the orders from their Ethereum wallets. It allows much greater liquidity as compared to the other cryptos, so anyone using the protocol can access orders from anyone else. ZRX was in news when Coinbase announced to list it the first ERC-20 token on their platform.

0x Price for today is $1.23343. Its current circulating supply is ZRX 1,000,000,000 with a market cap of $660,796,902.

Ontology (ONT)

Ontology is a high-performance multi-chain focused on the creation of interoperable blockchain channel. Ontology is looking forward to an ambitious roadmap for the rest of 2018. Ontology’s meteoric rise up the market capital makes it all the more interesting to watch their main net launch and other developments play out in the third quarter.

Ontology Price for today is $3.84587. Its current circulating supply is ONT 1,000,000,000 with a market cap of $581,850,037.