The new version was announced by the developer responsible for maintaining Bitcoin Core, Wladimir J. Van Der Laan, on the Linux Foundation forum.

Among their top goals in 2020 was to increase Bitcoin's privacy from the growing surveillance of corporations and governments.

Mission accomplished - the new version features some exciting privacy and network performance upgrades.

Regarding privacy, the new version of Bitcoin introduces the possibility for Bitcoin nodes to share new Tor addresses with optimized messages. Basically a transaction hopping on and off of the darkweb, and losing anyone who may have been following in the process. 

'Highly Efficient' Smart Contracts...

In addition to the privacy upgrades there's a some performance upgrades as well - as the implementation of Taproot will make multisig transactions much smaller on the blockchain, increasing efficiency.

A multi-signature Taproot transaction will look as if it were verified with a single signature, constituting a highly efficient type of smart contract, as it does not require processing too much information.

The end result being faster transactions for everyone. 

A New Type Of Wallet Is Coming...

This upgrade also introduces a new type of wallet, called 'descriptors'.  With this comes a 'privacy mode' setting that when activated erases the transaction history and records of previous balances (your current balance remains untouched).

Perfect Timing? Crypto Grows In Popularity and Useability At The Same Time...

There's more around the corner, ironically there's been a LOT in the works and the timing appears almost perfect with crypto exploding in popularity, while at the same time major upgrades come to both Bitcoin and Ethereum - which will help keep the momentum!


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Author: Mark Pippen
London News Desk
Global Crypto Press // Breaking Crypto News

Despite the growing popularity of cryptocurrency, it can still be hard (and expensive) to easily buy cryptocurrency with fiat currency. There is not much competition to the leading exchanges for this task which is why FinTech platform YouHodler decided to fill that void. With a user-friendly interface, low commission and three different ways to buy Bitcoin (BTC) with fiat currency, YouHodler is quickly becoming the trader’s favorite.

More options; lower fees for traders to buy BTC on YouHodler

For traders, time and convenience are important qualities. That’s why YouHodler aims to bring both speed and efficiency to the crypto buying process on the platform. If traders want to buy BTC with fiat for example, they can do so with a verified debit card, credit card,via bankwire or via stable coins All bank card transactions are processed instantly meaning there is no waiting time to buy BTC like on some exchanges. However, due to inefficiencies on the bank’s side, bank wire transfers can take up to 24 hours but YouHodler charges a 0% on all bank wire transactions.

How to buy Bitcoin on YouHodler with USD or EUR

To buy crypto with fiat on YouHodler is a simple process that takes just two steps. After signing up, passing KYC and verifying a bank card, a user must complete the following:

Step 1: Deposit fiat (USD or EUR) - To begin, the user must log in, and navigate to the “Wallet’s” tab. There, the user will choose their desired fiat currency to deposit (USD or EUR). After clicking “deposit” the user must follow the instructions to deposit fiat currency via debit/credit card or via bankwire. Card deposits are instant while bank wire deposits can take up to 24 hours.

Step 2: Buy BTC - Once the user sees their fiat balance in the wallet, they can then convert that to BTC, or any other crypto or stablecoin on YouHodler’s platform. To convert USD or EUR to BTC, YouHodler charges a 4% commission. On other popular exchanges (e.g. Binance, Coinmama or Bitpanda) where you can buy BTC with fiat, users will pay anywhere from 3.5% - 6% on this same transaction

Now that you have BTC, you can do one of many things on the platform. You can convert that BTC, to USDT and deposit it into YouHodler’s USDT savings account to earn 12% interest per year or you can use that BTC as collateral for an instant fiat loan to buy even more crypto and multiply your assets. Alternatively, users can convert BTC to any other crypto on the platform if they so choose.

YouHodler would also like to note user’s can also buy BTC with USDT or any available cryptocurrency options on the platform for reduced fees. The minimum amount on all fiat to crypto, crypto to crypto or crypto to fiat conversions is 100 USD, 100 EUR or 100 USDT. See the full list of commissions and limits here.

So if you’re a trader looking for an easier and cheaper way to buy Bitcoin, visit YouHodler.com today and give us a try. Your feedback is always welcome so let us hear your thoughts at support@youhodler.com, Telegram, or Twitter.
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Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.

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As FinTech platform YouHodler expands it's services to clients, users are unlocking new, creative ways to take advantage of the crypto market. Take the platform's "buy crypto with fiat" for example. With this method, combined with YouHodler’s 90% LTV, a user can buy BTC for just 10% of its value. Here's how it works in three simple steps.

HOW TO BUY BTC FOR 10% OF IT'S VALUE ON YOUHODLER:

With YouHolder's recently introduced feature, user's can buy BTC, ETH, XRP, XLM, LTC, BCH, BSV, DASH, EOS, BAT, REP and more directly on the platform with fiat (USD and EUR with a credit card or bank wire). Users can get large discounts on crypto purchases. For this specific example, let's see how someone can buy 1 BTC for just 10% of its value using the following three-step method on YouHodler:

For this example, let’s say 1 BTC = $8000


Step 1: Use $8000 in cash to buy 1 BTC on YouHodler (Note: This is temporary capital that will be repaid in about 15 minutes). Alternatively, you could borrow the $8,000 from your traditional business funds to use in this scenario.

Step 2: Use this 1 BTC as collateral on YouHodler. With 90% LTV, you get 90% of $8,000 sent to you in cash or USDT. Use this to pay back the $8000 to wherever you borrowed the original capital from.

Step 3: You now have 1 BTC sitting in collateral that you only paid 10% for ($800). Now, simply wait for the market to rise again before repaying the loan and getting your 1 BTC. You are only responsible for paying back the 1 BTC at its value at the time of the loan. So if it rises to $9,000, $10,000 or beyond, you keep all additional profits.

Note: This can be a risky strategy if the market takes a rapid price drop.

CUSTOMIZE YOUR USER EXPERIENCE WITH MORE TARIFF OPTIONS

While the previous example focused on YouHodler’s 90% LTV tariff option, users should know there are a variety of channels one can access depending on their individual needs. Whether you want quick cash, 8-day loan term with 80% LTV for a long term 120-day loan with more flexibility, there is plenty to choose from to suit your strategy. Customizable tariffs are also available upon request. Considering all available options is an important part of your risk management strategy. Hence, YouHodler always recommends a thorough due diligence process before pursuing any financial activities.

To see the full selection of tariff options and to take advantage of YouHodler’s crypto banking tools, visiting them at YouHodler.com today.

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Information provided via press release
Distributed by Global Crypto Press Association Press Release Distribution Service for industry.