beldex

Alts Soar High as Bitcoin Staggers to Break Resistance

Bitcoin fails to break resistance and is staggering at the $7700 – $8000 mark. Bitcoin’s dominance went down by almost 2.96% in the last 30 days from 69.10% to 66.14% on the 17th of October, 2019. What this reduction in BTC dominance means is that Alts are gobbling it up. A few of the altcoins, and especially privacy coins are indicating a bullish uptrend. Alt season on the horizon? A few of the altcoins are seeing a bearish divergence and trend reversals at the bottom while bitcoin sees a bullish divergence and a trend reversal at the top. When Bitcoin’s

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Beldex: Review of the Third Quarter of 2019

Beldex: Review of the Third Quarter of 2019

Beldex has progressed considerably in Q3, 2019 compared to the previous quarter. With the support of our community, we have made some notable breakthroughs such as listing with IDCM, integrating with InstaSwap and transitioning the Beldex wallet to Magnum. We have even more developments in the fourth quarter, but that is for later. Let us see each of our accomplishments in Q3, 2019. Listing on IDCM Listing on many exchanges will boost the coin’s adaptability and usability. On the 2nd of August, the Beldex coin was listed on IDCM. With this listing, our community expanded further and new members from

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Get Beldex instantly with InstaSwap!

The Beldex coin has been integrated with InstaSwap! You can now swap any of the coins supported by InstaSwap for BDX and vice versa, without creating an account.  Visit the site www.instaswap.io and choose the coin you want to swap for BDX in the first field. The image below uses BTC as an example. Then, enter the number of coins you want to swap. Choose BDX in the second field.  InstaSwap will display the equivalent BDX you will receive, based on the best exchange rate. Click Swap Now.  The following page will request for BDX address and the address of

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How to buy Beldex (BDX) Coin?

How to buy beldex bdx coin

Beldex is one of the world’s first cryptocurrency exchanges to be powered by a privacy coin. The Beldex coin (BDX) refurbishes Monero’s cryptographic privacy and takes it to a whole new level. Regular cryptocurrencies reveal too much information that can be linked to personal identities. This information includes the amount, sender address and receiver address of a user. A privacy coin’s blockchain conceals such critical information.  How does it work? Posting your wallet’s public address anywhere on the internet, to send or receive coins, will be a train-wreck to your privacy. What you can do to protect your privacy is

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Transferring your BDX balance to Magnum Wallet

Transferring your BDX balance to Magnum Wallet

Magnum has now become our official wallet partner. Beldex is live on Magnum. Kindly ensure that you transfer your funds from your Beldex wallet to your Magnum wallet before the 10th of October 2019. The Beldex wallet will become obsolete after the mentioned date. Below, for your convenience, we let you know how to transfer your funds from your Beldex wallet to your Magnum wallet. Login to your Magnum wallet either from your desktop (www.magnumwallet.co) or mobile app. You can find your Beldex ‘Wallet Public Address’ on the right. Copy your ‘Wallet Public Address’.   Steps to transfer your funds

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Beldex Going For Shariah Compliance!

Islamic finance differs a whole lot from conventional finance. For its believers and followers, Islam lists a set of do’s and don’ts in the Quran, to guide them in living a life of sanctity. Cryptocurrency in Islam is a domain that is less understood and scarcely explored. But that will be a thing of the past soon as Beldex becomes the first Shariah-compliant crypto exchange. Islam has a number of attributes that a currency must possess in order to be classified as an acceptable mode of payment. Beldex understands that there is still a lot of work to be done

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How To Download Your Backup File

What is a backup file? A backup file is a file that allows you to access your account from the same device in which you created your account or from different devices.  Let us see how to download your backup file.  Once you create your Magnum wallet, go to your account and click [Settings] at the top right corner.  Click [Download backup] to download the latest backup file.  The backup file containing your backup key will be downloaded onto your system. It can be found in your system’s ‘Downloads’ folder. Save this Backup file in a secure path in your

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Creating a Magnum Wallet on Desktop

Go to www.magnumwallets.co and click [Create New Wallet]. Enter a strong password, confirm it and then click [Next]. Click on [download your backup file]. Your backup key will be downloaded onto your system in Downloads. Keep it safe.  Click on [Display Mnemonic Phrase]. You will be given a Mnemonic Phrase which is akin to a secret key.  Write down the Mnemonic phrase on paper and do not share it with anyone. Only the Mnemonic phrase can be used to recover your account in case you forget your password.  If you lose the Mnemonic phrase or your backup key, you will

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