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  1. Hidden Order: Why You Need It and How You Can Submit It For certain reasons, some investors prefer to hide large-size orders submitted for trading. These orders are the so-called “hidden orders”. A hidden order allows the trader not to display the real number of buy / sell transactions for large amounts of cryptocurrency. This order is not displayed in the order book. Creating a hidden order on Sigen.pro On the Sigen.pro cryptocurrency exchange, you can create a hidden order whenever you fill up the “Buy” or “Sell” request. You can just tick the relevant checkbox, and the market players will not see your order. According to research, hidden orders are a manifestation of growing trading activity on the market. Finding a hidden order Observant traders may notice the exchange has a hidden order out there. If you can see a certain number of buy or sell requests, but you can actually buy or sell more at the indicated price, it means a hidden order has been activated. Moreover, the total volume of the order book will be larger than the amount of all visible orders. Finding hidden orders may be useful to amend the forecast for the cryptocurrency exchange.
  2. Cryptocurrency Trading: Where to Start Investing in cryptocurrencies attracts more and more people, as does cryptocurrency trading. However, before entering the cryptocurrency market, one should do certain things to create a solid base for further success. Sources of knowledge First, you need to try and find out as much as possible about the blockchain, cryptocurrency, crypto market — study all materials you possibly can. But don't delve too deeply into the technical details and blockchain history — focus on the financial aspect instead. You can find abundant information on YouTube, Telegram channels, etc. Storage for money When working on the crypto market, you must select a storage for your coins. Historically, cryptocurrency exchanges are not a safe place for storage — they're prone to technical glitches, hackers carry out successful attacks on them, exchange management can even change the rules at their discretion. This is why a more reliable option is a wallet or multiple wallets on computers that must also be copied to the external media. You should, however, retain some money on the exchange — just in case you will need to rapidly react to leaps prices. Market gurus The key and most influential news of the cryptocurrency market originate with cryptocurrency founders, advanced crypto enthusiasts with multi-million income and successful crypto investors. Among others, they include Charlie Lee, Vitalik Buterin, Roger Veer and about 10 more names. You should follow them in the social media.
  3. Key Concepts of the Bitcoin Network Bitcoin is a whole virtual world. To find a way in this world, you need to know the key concepts. Today, we'll tell you all about blockchain, blocks, nodes and mining. Block Blocks in the Bitcoin blockchain are, in essence, registers that contain both information about each particular transaction (transfer) and information about all network transactions. Each block has a fixed size which imposes certain restrictions on the Bitcoin network operations. Blockchain This is the cornerstone of Bitcoin. One might as well say that it was not Bitcoin that created the blockchain — rather, it was the blockchain that created Bitcoin. All types and kinds of existing blockchains are based on the Bitcoin blockchain. Blockchain is, in essence, a linked chain of blocks, which one block following another chronologically. A block in the Bitcoin network is no more than 1 MB. Overall, the entire Bitcoin network is about 142.5 GB. Mining Mining is a process of supporting network operations and generating bitcoins. It involves solving mathematical problems — hashes — by making calculations. When the right answer is obtained, new blocks are created and new coins are generated. The process is automatic and uses special software. In the first few years of Bitcoin's existence, mining could be carried out using regular computers, but now it can only be done using specialized powerful equipment. Bitcoin is virtually not mined by separate users — it's a real industry: huge “farms” with maintenance costs amounting to the biggest part of mined coins. Miner Before traders and investors owning huge amounts of bitcoins appeared, miners were dominating the Bitcoin network. But even now the network's very existence depends on miners since their main functions is validating transactions, adding new blocks into the blockchain and generating new bitcoins which are then given to them as a reward after hash is calculated. The reward is large — 12.5 ВТС per generated block. In addition, miners receive the fees paid by other network users for transaction validation. Node A node is any computer in the Bitcoin network (where mining is “enabled”). Miners use nodes to support network operations. Each node stores a copy of blockchain and verifies the block chain sequence against that stored by other nodes on a continuous basis. If a node finds a block that does not correspond to the block chain sequence in the network, this block is rejected and is not included into the blockchain. This principle explains the invulnerability of Blockchain that cannot be hacked and modified.
  4. How to properly diversify your cryptocurrency portfolio When investing in cryptocurrencies, it is important to achieve the right balance. Proper diversification of your cryptocurrency portfolio lets you increase investment profits and minimize potential risks. In other words, you need to distribute your investments correctly. How much should be in the portfolio? According to analysts, diversification is helpful for investors working with sums starting at $500. With smaller amounts, distributing your funds doesn't make much sense. Of course, you could work with amounts such as $100, $50, and even $1. But creating a portfolio this way is not the best idea. So if you haven't yet reached the $500 mark, just keep saving more money. However, nothing is stopping you from thinking ahead about diversifying your future cryptocurrency portfolio. Strategy to create a portfolio As a rule, a diversified portfolio has three types of investments: - Low risk - Investments in bitcoin and other established coins among the top 10 cryptocurrencies, such as Ethereum or Litecoin; - Moderate risk - Investments in cryptocurrencies with high market capitalization; these are usually cryptocurrencies in the top 30; - High risk - Investments in cryptocurrencies that have recently appeared on the market and do not yet have a reputation or trust in the crypto community. As for the ratio of these types of investments, most investors use the following allocations: 50%/30%/20% or 60%/30%/10%. This is the distribution they consider to be the best. Your portfolio will need to be adjusted Once you have created a portfolio, you can't just forget it and always make a profit. In fact, you must not forget about it, because it will need constant adjustment and additional investments. The cryptocurrency market is dynamic, so you need to carefully track your portfolio and regularly run the numbers. This is the only way to confidently stay afloat. Good luck!
  5. What's the best way to buy the leading cryptocurrencies? Many novices start buying the leading cryptocurrencies (BTC, LTC, etc.) when their prices surge upward. For example, the exchange rate rises rapidly when there is good news or favorable forecasts, i.e. based on what media outlets are saying. This strategy is fraught with huge risks and likely to result in financial losses. Buying cryptocurrency when the exchange rate peaks is a typical mistake made by rookie traders. Why? Practice has shown that a sharp rise in the exchange rate is always followed by a decline—an unavoidable correction. As a result, the novice suffers losses. Will the novice every come out ahead? That's the question. The wrong way When you purchase cryptocurrency at the top of the market, the price begins to fall and you will always experience losses. You see that you're losing money and begin to panic, which leads you to do something even worse: in your panic, you sell all your cryptocurrency at a lower price in order to preserve at least some of your money. After a while, the market stabilizes and the exchange rate again starts to rise. And you could have made up your losses and could have even come out ahead, but you don't have any cryptocurrency because you sold it at a loss. The right way You need to buy the leading cryptocurrencies when the price is falling. That is the right strategy. And don't be afraid of negative rumors that a drop in the exchange rate means a cryptocurrency is experiencing a full collapse. Take bitcoin as an example: how many times have naysayers called it a bubble and predicted its demise? But it continues to grow, albeit with fluctuations that can be significant at times. That's why you should buy cryptocurrency when the exchange rate is falling for external reasons or when it is correcting after a big surge upward. That's the best time to buy. After all, the market always begins to rise after a correction. Why is this the rule specifically for leading cryptocurrencies? Because little-known coins can surge at any time, and their exchange rates can experience steep and long growth. Buying them when they begin to grow rapidly can still prove to be very profitable. But remember that buying unknown coins is a big risk, but it does offer the possibility of huge rewards. Conclusion A successful trader must know how to buy leading cryptocurrencies when everybody is selling, and to sell when everybody is buying. That is precisely the strategy employed by investors who have used their skills to amass considerable wealth. Follow this rule and come out ahead!
  6. Google Authenticator is the most reliable two-factor authentication method The SIGEN cryptoexchange offers users 3 forms of two-factor authentication: email, Google Authenticator, and a table of printed paper codes. Google Authenticator (GA) may be called the most reliable of these methods. Why is Google Authenticator best? - With email confirmation, users are still vulnerable. For example, if an email account is not protected by a strong password, hackers may access it and thereby be able to break into your SIGEN account. Additionally, many people use the same password on multiple websites. GA confirmation eliminates this problem. Google Authenticator generates a new code every 30 seconds. Moreover, you have the device with the GA program on your person. Hackers don't have enough time to read, calculate, and enter the required code. - Confirmation using a table of printed paper codes may have risks. For example, you might lose the printed sheet of codes, or a malicious party might discover the codes and exploit them. Once again, GA confirmation eliminates this problem. Of course, a would-be attacker near you could secretly observe the genearted code, but, as we already mentioned above, he or she would not have enough time. Suppose an attacker knows your username and password and has secretly seen your code. He is unlikely to have enough time to get to his device and enter all the required information, because the code he lifted will become invalid after 30 seconds. And he would have to remember the code correctly. Furthermore, it is not so convenient for users to hunt to find the required code on a sheet of paper and constantly safeguard it. If you lose access to the device with GA and cannot get into your account, know that each account on the platform also has a Security Code that you can use to change the 2FA method, if necessary.
  7. How much should I invest in cryptocurrencies? What one feature of cryptocurrencies must an investor take into consideration when deciding on an investment strategy. This is volatility. Pros and cons of volatility Volatility, i.e. fluctuation in value, is both a pro and a con of cryptocurrencies. The downside is that the price can collapse, precipitously and very rapidly. In an instant, investments can bring losses instead of profits. The upside is that the price can also skyrocket. Insignificant investments can multiply not hundreds, but thousands of times. However, over the long term, the price of cryptocurrencies is unequivocally rising, and this is certainly a plus. At least the leading cryptocurrencies, such as Bitcoin and Litecoin, have been showing steady growth for several years now. Basic investment strategies Thus, there are two basic strategies for investing in cryptocurrencies: - Make long-term investments of no more than 20% of your monthly income, according to experienced investors. It is best to do this at regular intervals, such as once a month. Another option is to invest a large lump sum (available money) somewhere for at least a year. And don't forget your wallet password! - Make short-term investments in the hope of rapid price growth and with a high risk of losses. In this case, investing is more like gambling, so you should never invest an amount which, if lost, would worsen your quality of life. It should be an amount that you can afford to lose painlessly. You can also invest saved money that you normally would have squandered on all sorts of trifles, alcohol, games, etc. You decide which strategy to use, but be sure to carefully weigh the pros and cons. We wish you success in your trading and investments!
  8. What is a Node in a Cryptocurrency Network? A node is, in essence, any computer connected to the blockchain network and using the P2P protocol. Nodes use this protocol to communicate with each other distributing information about transactions and blocks across the network. Strictly speaking, nodes are the key component of the blockchain network. Nodes may be lightweight and full A full node is any computer that is fully synced with the blockchain network. Each full node has a copy of all blockchain data — starting from the genesis block and ending with the last generated block — on its hard drive. After each new block is created, information is updated, i. e. it's always up-to-date. A light node is also fully synced with the network, but it does not store all the information from the blockchain on its hard drive — it only services the network. Most nodes in the network are lightweight; however, full nodes form the backbone of the network. What are nodes for? All nodes support network operations: they automatically validate transactions and generate new blocks while protecting the network from fraudulent activities. In many networks, node owners (miners) are rewarded with new coins that are generated with new blocks.
  9. Save on fees with SIGEN.pro Different crypto exchanges charge different fees on transactions, deposit, and withdrawals. Most often the fees are pretty high. Is there a way to avoid high fees? Yes. Fees are a headache for traders and investors. When trading in crypto exchanges, the thing traders and investors complain about most is high fees. A fee is in the amount of some percentage of each transaction. Moreover, in some crypto exchanges only buyers are charged with a fee whereas in others both buyers and sellers have to pay a percentage. A crypto exchange can also charge different fees on withdrawal to different payment systems. Sometimes, with the help of the amount of a fees, crypto exchanges give preference to a particular cryptocurrency. In other words, most of cryptocurrency exchanges use fees as a great possibility to manipulate users' behavior and make money on it. However, not all exchanges stick to this policy. SIGEN.pro has no fees charged for cryptocurrency deposits/withdrawals while the transaction fee is just 0.1%. The SIGEN platform doesn't use fees as a means of pressure on traders. It has the lowest possible fees. No fees are applied to cryptocurrency deposits and withdrawals The fee for a transaction on P2P platform and exchange is charged both for the buyer and the seller, and equals to 0.1% from each party. These conditions are attractive for all traders but they are most favorable for newbies who due to high fees on other platforms, can't make a big profit. Low transaction fees and no fees applied to deposit and withdrawal allow traders including those trading with a small amount to trade with no losses. We follow this policy as we intend to make cryptocurrencies available for anyone. Use the SIGEN.pro platform and take advantage of the lowest possible fees.
  10. Traders: Professionals and Amateurs A trader is a person who trades in assets, such as cryptocurrencies, on their own initiative. They do this at their own risk and peril to make profit. Trading is not an easy occupation; it's based on conducting trading transactions in order to make money. Traders deals with all kinds of assets: securities, precious metals, raw materials, options and futures, currency and cryptocurrency. They must be able to obtain and properly analyze incoming data, correctly respond to market changes and avoid falling into despair if their actions have been unsuccessful. Key traits for a trader are attention to detail and patience. Types of traders There are multiple trader classifications: in terms of strategy, behavior on the market and trading psychology. You already know some types of traders: bulls and bears, whales and hamsters. All traders may generally be divided into two big categories: professionals and amateurs. For professional traders, trading is a job that generates an income for them. Most often they have economic or financial education, work in investment funds, brokerage firms or banks. They can also work independently. Their decisions are the most informed and educated; they rarely fail and know how to make profit regardless of market performance. An amateur is a trader with no specialized education who regards trading as an additional means of making money. An amateur trader may also be successful if they know how to follow their instinct and contain emotions. Ultimately, an amateur may become a professional. What trader category do you think you are in?
  11. Using Exchange on SIGEN Platform The SIGEN platform has its own cryptocurrency exchange with easy-to-use and convenient functionalities. You can use it to make profit on price fluctuations. Buy cryptocurrencies at one price and sell them at another price to make money. How do I start trading? First of all, fill up your exchange account. To do this: Click the profile icon in the upper right corner of the page to open the menu. In the Deposit/Withdrawal section, select the line with the appropriate cryptocurrency wallet and click it to see your one-time address to deposit funds (the address will automatically change after each deposit). Transfer funds to the indicated address and wait for the proper validation of the transaction in the blockchain for the transfer to be deposited on your account. After the transfer is completed, you can start trading on the exchange. Navigate to the Exchange section and create an order with the terms you want. To do this: Select the cryptocurrency pair of your choice in the upper right corner of the page. Create a buy or sell order. Click the amount next to the Available label, and the system will automatically make a calculation for the entire amount based on the current market price. If you want to change the price and the amount, do so manually. You can also create multiple orders with varying terms. Please note: you can buy/sell cryptocurrency instantaneously if the Buy orders and Sell orders columns already include orders that comply with your terms. If currently there's no match, your order will need some time to work — you'll need to wait for other exchange users to respond. An order may require one or multiple transactions to work, depending on the market demand. After each transaction, the appropriate amount will be displayed on your balance. As you can see, using the SIGEN exchange is really easy, and your profit may be quite large since cryptocurrencies are very volatile, and their price may change by hundreds of percent in a single day. All you need to do is understand how the exchange works and start trading. We wish you successful trading and large profits!
  12. PRIZM (PZM) - now on SIGEN! Dear friends, we've got great news for you — a new cryptocurrency has been listed to be traded on our exchange, P2P platform and instant exchanger. The SIGEN platform has added PRIZM (PZM) to its portfolio. This cryptocurrency has a fast-growing audience and unique features. PRIZM's Features and Advantages: Rapid transactions. Block generation in the PRIZM network takes only 59 seconds. It's a lot faster than for most other cryptocurrencies. Fixed fee — 0.5% of the transfer amount, but no more than 10 PZM. While other tokens use a floating fee for all transactions, in the PRIZM network the fee is fixed on the level of 0.5% of the transfer amount. However, once the fee reaches 10 PZM, it’s fixed on this level and does not grow regardless of the transaction size. In other words, even if you make a transfer of 10,000,000 PZM, you’ll still be charged with a fee of 10 PZM. Paramining Based on Proof-of-Stake. This is a unique and easy way to mine new coins developed specifically for PRIZM. Paramining does not require powerful computers, and the reward depends on the account balance. The more coins a miner owns, the bigger the reward is. To start paramining, you only need to transfer tokens to your account, and coin mining will start automatically. All you will have left to do is watch your account balance grow continuously. Partnership Program. Paramining also allows you to get a reward for bringing in new users which is not an option with other cryptocurrencies. If you build your own structure, your reward for paramining will rise. The more tokens your referrals own, the bigger your reward will be. More about PRIZM (PZM) - http://en.prizm.club/ Start trading now! - https://sigen.pro/trading/PZMBTC P. S. Please note that we have no fees charged for cryptocurrency deposits/withdrawals while the transaction fee is just 0.1%.
  13. SIGEN is a platform for trading cryptocurrency for any fiat currency in the world. Our name is derived from two words: SIGma + ENergy. Sigma (Σ) is the name of a Greek symbol that signifies knowledge. Energy is associated with vitality and constant movement forward. Our platform gives you 3 options all in one place: Trade on an exchange. Trade cryptocurrency with others and earn money on fluctuations in the exchange rate. We charge a minimum fee and allow you to withdraw the cryptocurrency automatically and without any delays Buy/sell cryptocurrency for fiat money on our P2P platform. Your transactions are protected by ESCROW and Social Trust Scoring. You can use various currencies and payment systems. Exchange currency rapidly in 1 click without signing up. Use our exchanger to buy/sell cryptocurrency at the current exchange rate without bothering with trades. In addition to minimal fees, safety, convenient and fast transactions, and automatic withdrawals, you will find online 24/7 support, the ability to create orders with multiple offers, a double affiliate program, and much more. SIGEN is next-generation cryptocurrency trading! Start trading right away SIGEN .pro