XMR to GBP Live Price Converter

Monero employs a proof-of-work (POW) algorithm that is both ASIC-resistant and CPU-friendly, created by members of the Monero community. ASICs, or Application-Specific Integrated Circuits, are specialized computers designed to perform a single task. These machines are particularly efficient for mining, hence creating new tokens, due to this specificity. However, these devices come with a high price tag, making them accessible only to a select few. This leads to a scenario where a small number of entities control a large portion of the network, which can be a significant security risk.

Monero addresses this issue through its ASIC-resistance: it utilizes an algorithm that significantly reduces the effectiveness of ASICs. This allows miners to compete fairly using standard consumer hardware. The Monero network is currently secured by thousands of miners using everyday PCs. This makes the network considerably difficult to compromise, and no single miner has a significant advantage over others (since they all use roughly the same hardware). Monero mining is designed to be compatible with desktop computers, mobile phones, tablets, and web browsers, thus enabling anyone to join the mining ecosystem without needing costly equipment.

Bitsgap’s affiliate program is your ticket to extra profit in crypto. It’s simple. Share your unique affiliate link and get paid 30% whenever someone signs up and becomes a paying Bitsgap customer. The more people you refer, the more you earn.

For starters, a 30% commission is one of the most generous affiliate commissions around, which blows away the typical 15-20% from other programs. The more referrals you attract, the more you make each month!

We also run monthly affiliate competitions where you can win bonus cash prizes. Every new referral increases the prize pool, and the top 25 affiliates share in the winnings. How’s that for extra motivation?

You don’t even need to trade yourself to earn with Bitsgap. As long as you have an audience and share your unique link, you can make bank as a Bitsgap affiliate. It’s the easiest way to earn crypto without risking your own money.

Anyone can make money in crypto with the right knowledge and tools.

Here are a few suggestions to bank crypto profits.

Speculate! Crypto volatility means huge potential for gains. Short-term trading lets you ride price swings for profit and buy/sell before the market turns. With practice, you can master day trading crypto and earn decent returns in hours or days. Bitsgap connects you to 15+ exchanges, so you can find exciting opportunities to trade anywhere. Unleash automated bots. Trading bots let you automate powerful strategies 24/7. Bitsgap’s bots use algorithms to buy/sell based on market conditions, so you profit on autopilot. Why trade manually when bots can do it better nonstop?

Hedge your bets. In crypto, massive spikes often crash hard. Hedging tools help you lock in profits and limit losses. Bitsgap offers options like Stop Loss, Take Profit, and Trailing controls so you get paid when the price is right but don’t get wrecked if the market turns. Smart hedging is key to keeping your gains.

Go long-term. Day trading isn’t for everyone. Long-term “HODLing” lets you buy crypto assets you believe in and hold for months or years. Do your research, buy solid coins, hold through volatility, and sell when the price has multiplied many times over. Patience pays off big in crypto.

Why not give Bitsgap a try? Sign up today and access 15+ exchanges in one place, unleash automated trading bots for passive profits 24/7, use advanced tools to lock in gains and limit losses, HODL long-term or day trade like a pro. Whatever your style, Bitsgap is your launchpad to crypto riches.

Sure! In fact, Bitsgap has forged an unbeatable alliance with TradingView, so you can have all the tech tools at your fingertips. This strategic partnership combines Bitsgap’s smart crypto trading automation with TradingView’s industry-leading charts and technical analysis. The result? A seamless trading experience that delivers everything you need to trade digital assets with speed, precision, and confidence.

Upon clicking on the [Trading] tab in the terminal, you’ll meet your first crypto adventure — a visually stunning charting interface overflowing with indicators and drawing tools, all neatly organized and fully customizable for your convenience.

For those who crave even more depth, Bitsgap has crafted the Technicals widget — a treasure trove of insights available at the bottom of the [Trading] tab. This incredible tool combines signals from an array of popular indicators and oscillators, streamlining your analysis process. Imagine a Fear and Greed index on steroids, and you’ve got the Technicals widget!

But wait, there’s more! Bitsgap offers a plethora of cutting-edge trading tools that many crypto exchanges simply can’t match. From smart orders like Scaled and TWAP to trading bots like GRID, DCA, and COMBO futures, you’ll have a wealth of resources to explore!