Qubitcoin (Q2C) Price Alert, Chart & News on BitScreener.com
More detail: https://bitscreener.com/coins/qubitcoin
Launched on Jan 12, 2014, as a CPU based digital currency, Qubitcoin (Symbol: Q2C) was under the symbol Q2C Trading Symbol. The coin has no premine, and build on new algorithms with first 1000 blocks rewarding on 1 Q2C / Qbit, CPU based mining with a total of 248 million Q2C / Qbit limit. Blocks are rewarded at 2048 Q2C / Qbit per block with halving every 60480 blocks with the block time of 30 seconds. Single hashing algorithm’s will usually pose, security risks! Because if it is compromised, the whole network can be forever compromised. Qubit’s (QBIT) multiple hashing algorithms enhance the security of the entire network by mitigating that risk, as well as the additional layer’s of complexity which backs to prevent Qubit from hacker attacks. Qubit was launched fairly with a staggered system and no coins mined before public launch which makes Qubit a very unique CPU mined coin!
Cryptocurrency based retirement fund, has announced the launch of Ethereum IRA. The new investment product offering allows people to invest in an Ether-based, Individual Retirement Account (IRA).
Demand for Ether Prompts Ethereum IRA
Ethereum has recently fortified its position as the second largest cryptocurrency in the market, right below bitcoin. The demand for Ether is following significant developments and implementations of Ethereum platform for a range of applications. The creation of involving major tech and industry players has further strengthened the confidence of investors in Ethereum.
This recent success and increasing stability have added to the cryptocurrency’s appeal, as a form of retirement investment. The new fund will be self-directed, following the highly successful bitcoin IRA which has so far created accounts worth over $10 million since June 2016.
Just like IRA’s flagship product, investors can hold real Ethereum in retirement accounts as traditional IRAs, Roth IRAs, 401K’s or SEP IRA. bitcoin IRA’s exclusive partnership with BitGo will ensure users the access to its multi-sig wallet, which will guarantee security, privacy and full compliance with the requisite IRA regulations for retirement accounts of this nature. In the interest of liquidity, the company implements Genesis Global Trading, Inc. and uses TradeBlock’s ECX Index as a reference rate.
Crypto Savings for Retirement
bitcoin IRA is known to be the first company to offer investors the chance to put cryptocurrencies into their retirement accounts. In contrast to traditional IRA retirement plans, investors inbitcoin IRA and Ethereum IRA will keep control of their cryptocurrencies permanently, allowing them the freedom to disperse the funds as they see fit once the investment’s term is over.
The deflationary attributes of cryptocurrencies make them ideal for long-term investment opportunities. In 2017, Ethereum has witnessed an incredible 500%+ growth from less than $10 per unit to over $64.
bitcoin IRA offers both traditional and Roth IRA (bitcoin/Ethereum) options, which offer the same tax incentives as regular IRAs and 401ks.
bitcoin IRA is positioning itself as a unique investment company, which includes little processing and handling fees, which perhaps makes it even more attractive than bitcoin ETF and other investment funds.
Would you consider investing in an Ethereum IRA? Let us know below!
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More detail: https://bitscreener.com/coins/qubitcoin
