Categories
Press Release Trading

Nervos Integrates with HedgeTrade to Enable Community-Driven Trading Predictions

Nervos Integrates with HedgeTrade to Enable Community-Driven Trading Predictions

HANGZHOU, CN — OCTOBER 12, 2020 — Nervos, an open-source public blockchain project, today announced its integration with social trading platform HedgeTrade to enable community-driven predictions for the Nervos CKB token. The integration allows traders to share and access crowdsourced trading strategies on the HedgeTrade platform.

With its native token supported on HedgeTrade, Nervos aims to democratize trading strategies and token analyses for novice traders by incentivizing experienced traders to share their expert insights. Experienced traders can use CKB trading pairs to make smart contract-powered predictions, called ‘Blueprints,’ which can be purchased by novice traders to replicate the trades.

Pro traders and newcomers alike can also bet on or against the CKB predictions of others. Both groups can earn HEDG—the native token of HedgeTrade—for making accurate predictions on CKB trading pairs while the platform as a whole provides a growing source of real-time trading insights.

Nervos co-founder Kevin Wang said, “Our collaboration with HedgeTrade brings exciting new opportunities to both existing CKB holders and the broader crypto community. Not only will HedgeTrade’s unique predictions platform unlock new insights and analytics for the CKB token, but it’ll also introduce CKB to a growing community of traders on HedgeTrade.”

The partnership brings together two vibrant blockchain-based communities who are both committed to the ethos of decentralized finance (DeFi) and entrenched in the vibrant, Asian crypto markets. Through this collaboration, the Nervos community gains an analysis tool to gauge market sentiment about CKB price and the Nervos blockchain ecosystem. Additionally, the listing on HedgeTrade provides increased market exposure to $CKB.

HedgeTrade CEO, David Waslen, said, “Our team is thrilled to be collaborating with the talented development team at Nervos, who like us is totally committed to defi solutions for creating a better global economic system that is community-focused, fun and open to everyone.”

About Nervos

The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today.

The Nervos Common Knowledge Base (CKB) is the layer 1, proof of work, public permissionless blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability, and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. Its unique crypto-economic model is designed to better align the interests of users, developers, and miners as compared to first-generation blockchains.

For more information on Nervos, visit www.nervos.org.

About HedgeTrade

HedgeTrade is a platform where traders stake HEDG tokens and post trading predictions that users can purchase to unlock hidden trade details. If the trader’s prediction becomes correct, they earn back their stake and the HEDG earned from purchasers of their predictions. If incorrect, the traders lose their stake and the purchasers get a refund plus a share of the lost stake. The model aligns the interests of both predictors and purchasers.

HedgeTrade is headquartered in Singapore and led by Co-Founder/CEO David Waslen and Co-Founder/Lead Developer Peter Danihel.

Categories
Bitcoin Mining Digital Asset Mining Investing NGS Crypto

Multi-Coin Digital Asset Mining Could Catapult Institutional Investors Portfolios

Following Square Inc’s recent purchase of $50 million dollars worth of Bitcoin, we are starting to see large investors diversifying their portfolios with the addition of Cryptocurrency.

Square’s reported assets in 2019 totalled over $4.5 Billion so it’s a dip in the water for them, but more institutions are expected to follow. And according to a recent report by Fidelity 36% of large investors already hold Bitcoin in their portfolios.

Large Investors are buying Gold and Bitcoin

Also recently, Jason Urban former Goldman Institutional Trader stated that large investors now buying Bitcoin and Gold at same pace.

“As someone dealing in the institutional space, the same people that I see buying gold and other precious metals are also buying Bitcoin and they’re doing it simultaneously and they’re doing it in equal amounts currently.”

DrawBridge Lending CEO Jason Urban

Why Multi-Coin Digital Asset Mining?

While you can buy Bitcoin outright, it has been proven that Bitcoin mining is far less risky and much less volatile option to diversify your portfolio.

Multi-coin mining also spreads your risk and volatility across multiple popular digital assets including Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) and others. Essentially by adjusting the mining focus based on the rewards and difficulty of the coin to get optimised profit.

The Catapult for Institutional Investors into Bitcoin

Big names in business and crypto are predicting a wave of institutional investment for Bitcoin following Squares $50 Million purchase in October 2020.

First, it was @michael_saylor and publicly traded @MicroStrategy buying $425million of #Bitcoin. Today, it is @jack and @square buying $50million of bitcoin. Tomorrow, it will be another visionary leader, and another, and another…the tsunami is coming

Tyler Winklevoss – Gemini CEO and Bitcoin billionaire

Institutional Investors in Australia

Cryptocurrency mining for Institutional Investors in Australia is provided by NGS Crypto. They offer investments upwards of $1 million USD in a multi-coin digital asset mining programs, which return up to 15% yearly* on investment and 100% full return of upfront cost after 36-month term. *See their website for full terms and conditions.

Categories
Payments Sponsored Article

The Way People Use Bitcoin to Transfer Funds Around the World

The number of payments in Bitcoin or cryptocurrencies, in general, has never been higher. Crypto coins are gradually replacing traditional financial services, as people are slowly switching from e-wallets and intermediaries like Western Union to online crypto payments. On the one hand, this is bad news for providers who charge hefty fees for money transfers. Still, on the other hand, cryptocurrencies are giving people more options in terms of transferring funds to friends and family members or in terms of paying for a product or a service.

Having the ability to transfer money online might be easy for many of us, but this is not the case for everyone. Sending money to, or receiving money from certain parts of the world can be very challenging. Luckily, this process has become a little bit easier because of the transactional flexibility one gets from using Bitcoinor any other digital asset that can be used as an equivalent to fiat currencies.Crypto coins can be transferred instantly from one crypto wallet to another, and they can solve problems, which people have had to deal with for years.

Cryptocurrencies do not only help people avoid problems like facing losses from currency devaluations, but they also make it easy to do business with customers from all over the world. They can be used for the purchase of a knitting kit from a company in Austria, or to pay for a banner presenting the Jack and the Beanstalk slot to the players in New Zealand. These transactional capabilities can only have positive effects on the value of cryptocurrencies,and this can only be good news for crypto coin investors. Higher demand for crypto transfers will acceleratethe incorporation of crypto coinsto the real economy.

The Pros and Cons with Regulating Cryptocurrencies

Fully incorporating crypto coins to the real economy will not happen in a day. There are a lot of obstacles Central Banks, and financial institutions need to overcome,to eliminate the toxicity still affecting the performance of crypto coins. Even though cryptos like Bitcoin have performed relatively well after recovering from the burst of the crypto bubble, investors are still hesitant when it comes to opening trading positions. A very recent example was when Bitcoin’s price fluctuated around the 10K mark, and investors were worried that a drop below that price could end up being catastrophic. While their concerns are understandable if one makes assumptions based on the developments that took place a couple of years ago, there is no recent evidence hinting another 80% value drop.

Regulating cryptocurrencies, or at least establishing guidelines for trading and using them, will increase investor trust, engage businesses to start accepting digital coins and reduce the risk of seeing another cryptocurrency bubble. Additionally, it will reduce the probability of seeing their price fluctuate uncontrollably. This, of course, can be both an advantage and a disadvantage. On the plus side, there will be a lower risk of seeing your investment crash and burn, but on the minus side, traders will probably never see a cryptocurrency reach record high prices overnight.

Categories
Coinjar Crypto News

CoinJar – Monthly Partners Update September 2020

This is our monthly partners update for CoinJar to keep you updated on what’s been happening with them this month and what they have upcoming.

Stellar Lumens (XLM) listing

XLM is now available to buy and sell through the CoinJar platform, joining our already stellar line up of digital currencies that members can send, receive and store using CoinJar.

CoinJar now supports instant bank withdrawals

Australian dollar withdrawals from CoinJar will now arrive within minutes thanks to the New Payments Platform (NPP) using NPP / PayID / OSKO.

New CoinJar Bundles

CoinJar Bundles are collections of popular digital currencies you can purchase as a group, making them a great way to diversify your portfolio. Your bundles are tracked automatically over time, providing insight into the performance of your investments.

Enhanced implied matching algorithm

This is exciting! We’re working on improving our matching algorithm to deliver you an even better price on your buying and selling of cryptocurrencies with our platforms. Stay tuned for more updates.

CoinJar nominated as finalist at The Finnes awards

Giveaway winners

Congrats to our giveaway winner and stay tuned for more giveaways by following our Twitter.

Stay up to date with CoinJar

Established in 2013, CoinJar is the easiest way to buy, sell, store and spend cryptocurrencies in the UK and Australia. CoinJar’s iOS and Android apps allow users to trade cryptocurrencies on the go, while CoinJar Exchange and CoinJar OTC Trading Desk cater for professional traders, as well as individuals and institutions looking to make larger transactions.

Website: https://www.coinjar.com/au/
Twitter: https://twitter.com/getcoinjar
Facebook: https://www.facebook.com/CoinJar/
LinkedIn: https://www.linkedin.com/company/coinjar/

Categories
Bitcoin Mining Digital Asset Mining Mining NGS Crypto

NGS Crypto – Monthly Partners Update September 2020

September has been a very successful month for NSG Crypto. We have some new investment options that are now available which we are very excited to share with you, and a very enthusing partnership with Australia’s leading crypto news platform.

Introduction of our New 3,4 and 5-Year Mortgage Holiday Plan Through Digital Asset Mining

Through our NGS Crypto Mortgage Holiday packages you have the opportunity to continue your mortgage holiday.

We are excited to announce that we have launched our new 3,4 and 5-year mortgage holiday plans through digital asset mining.

Go directly to our sliding scale tool on the NGS Crypto website.

Free Up Your Current Income To:

  • Pay off your mortgage sooner
  • Re-invest into your own business
  • Build a stable and reliable income to increase your borrowing capacity   for future investments
  • Increase your current standard of living
  • Fund your retirement
  • Pay off personal debts sooner

Utilising Your Self Managed Superannuation

Many NGS Crypto members have already utilised their Self Managed Superannuation funds into the NGS Crypto service.

Currently most superannuation funds are only achieving a 5%-7% return, with some funds even experiencing zero or negative returns.

Through NGS Crypto you have the ability to be earning 10% – 15% ROI per annum on your superannuation.

NGS Crypto is outperforming all other major superannuation companies.

Partnership With Crypto News Australia

We are very excited to announce we have partnered with Crypto News Australia, Australia’s leading online crypto news platform.

This is a great step forward in the right direction ensuring we are always growing in order to bring you the most up to date crypto news.

All of our NGS Crypto news articles will now be accessible to read directly from the Crypto News Australia online platform.

NGS Crypto

Australia’s leading investment institution focused on delivering the best synergy of encrypted currency investing. We are in the business of helping individuals and institutional investors identify cryptocurrency mining investment opportunities.

Website:  https://ngscrypto.com/
Facebook: https://www.facebook.com/ngscryptomining
Twitter: https://twitter.com/ngscrypto1
Instagram: @ngscrypto_mining
LinkedIn: https://www.linkedin.com/company/ngs-crypto

Categories
Bitcoin Mining Digital Asset Mining NGS Crypto

NGS Crypto Answers Your Bitcoin Mining Investment Options

NGS Crypto is at the forefront of Australian Bitcoin Mining. We have developed an investment option, which allows you to enter into the world of Bitcoin Mining without the technical know how.

Who We Are and What We Do

NGS crypto is 100% Australian owned and we are Australia’s largest crypto mining experts focusing on delivering the best outcomes in encrypted currency investing for our clients worldwide.

We are in the business of helping individuals and institutional investors identify cryptocurrency mining investment opportunities.

Our core objectives are maintaining a high return on investment (ROI) using multi-coin mining agreements.

Through our knowledge and expertise in strategic insights and operational skills in Blockchain, we make sure all potential risks are avoided.

It is our mission to use the most efficient mining rigs to continually increase our hashing power to successfully mine the most profitable cryptocurrencies, providing our clients across the globe with the highest quality of service and world class return on investment consistency.

What Is Crypto Mining?

So your probably asking yourself well that’s all good and well but what is it exactly that you do?

Cryptocurrency mining is a process in which transactions for various forms of cryptocurrencies are verified and added to the Blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, digital asset mining or Bitcoin mining. 

Cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.

Each time a cryptocurrency transaction is made, a cryptocurrency miner (NGS Crypto) is responsible for ensuring the authenticity of information and updating the Blockchain with the transaction.

The mining process itself involves competing with other crypto miners to solve complicated mathematical problems that are associated with a block containing the transaction data.

The first cryptocurrency mining rig to crack the code is rewarded by being able to authorise the transaction, and in return for the service provided, crypto miners earn small amounts of cryptocurrency of their own.

In order to be competitive with other crypto miners a cryptocurrency miner needs a computer with specialised hardware, this is where NGS Crypto comes into play.

Digital Asset Mining As An Investment Option Through NGS Crypto

When considering an investment, one should always measure the risk against the potential returns.

When purchasing Bitcoin outright your capital is at risk 100% of the time. With the extreme volatility of the price of Bitcoin, this approach may cause some sleepless nights and upset stomachs.

September 2017 saw Bitcoin hit an all-time high of $5000, only to lose 40% of its value overnight. April 2013 saw the price of Bitcoin lose 71% of its value in a few hours. The price did recover over time in both instances but those types of price swings are not for everyone.

Short-term gains on trading Bitcoin are undeniable; however, over medium to long term, mining is not only more profitable but carries significantly less risk.

Cryptocurrency mining is fast becoming a popular and safe investment option for smart investors. Given the current global economic crisis cryptocurrency has gained momentum and is fast becoming the number one investment choice.

When investing with NGS Crypto you can tailor your investment amount to suit your own personal financial needs.

Depending on your initial investment amount will determine your ROI. Members with NGS Crypto receive 8% – 15%ROI per annum, depending on the individuals initial investment amount.

Benefits of a Bitcoin Mining Investment With NGS Crypto

When making an investment with NGS Crypto, not only do you have the benefit of making returns on your investment that are very hard to be matched elsewhere.

  • 8% – 15% ROI per annum
  • Profits paid out daily in BTC
  • 100% of your initial investment amount is returned back to you in full at the end of each 36-month Initial Mining Agreement (IMA).
  • Free training and education
  • Personal Account Manager
  • Withdrawal access 24/7
  • World class customer service
  • Personal NGS Dashboard 

Utilising Your Self Managed Superannuation as an Investment Option

In 2014, the Australian Taxation Office (ATO) issued two taxation determinations clarifying that Bitcoin and cryptocurrencies like Bitcoin are not money but are capital gains tax (CGT) assets. This new development now legally allows for Self Managed Super Funds (SMSF) to invest and transact in cryptocurrencies.

NGS Crypto has worked closely with industry leaders and appropriate governing bodies throughout 2018, successfully securing a positive key affiliate relationship with one of Australia’s biggest and most successful financial wealth analyst companies, who currently have over $1.5 billion under management.

Through this partnership Australians now have the financial opportunity to explore and take full advantage of our unique investment model.

When investing with your superannuation you receive a guaranteed return of 8% ROI per annum, on a lower investment level, and up to 15% ROI per annum.

NGS Crypto is outperforming all other major superannuation companies.

Continue Your Mortgage Holiday

Are you looking at refinancing your current home loan?

When you refinance your mortgage you are essentially getting a new mortgage to replace the original one you signed, this can be very beneficial as you are able to obtain a better interest rate and term.

Given the current economic situation and the ‘mortgage holiday’ Australians are experiencing now is a great time to re-consider your mortgage opportunities and know what options are available to you.

Here at NGS Crypto we are currently offering a FREE, no obligation, over the phone financial discovery consultation to discuss your mortgage refinance options and to assess if an equity draw down is suitable for you.

Re-financing is an exciting time if you are using the extra liquidity you make as an offset to pay down what we call ‘Good Debts’ such as the mortgage. Extra to this, you may also be eligible for further tax deductions and government rebates.

*Please be advised general refinancing lock in rates from Australian banks are as low as 2.5% ROI per annum.

Contact NGS Crypto today for a free, no obligation over the phone consultation to discuss your investment options.

Categories
Tokens

Bitkub and Leading Influencers announced $FANS (Fans Token): The Token designed for Fans

$FANS (Fans Token) A new Digital Token was announced by Bitkub together with Thailand’s Leading Influencers which are Youtubers whose total subscribers number exceeding 40 Million, namely, Bie the Ska, Kaykai Salaider, VRZO channel, Kyutae OPPA, and SpriteDer SPD

The World’s First Digital Token based on Proof of Fan concept, $FANS was developed by Bitkub Blockchain Technology Co.,Ltd. and aims to be distributed free of charge, without any kind of ICO.

Mr.Sakolkorn Sakavee, Chairman of Bitkub Capital Group Holdings Co., Ltd revealed that the cooperation between Bitkub and Leading Influencers is to launch Thailand’s first Digital Collectibles under Digital Assets Market. Using Blockchain Technology, these collectibles, such as Photos, HBD Videos, Card Games, and other Special Collectibles, will be truly owned by fans. Furthermore, these rewards can be used to redeem even more special prizes such as Exclusive products from Influencers, or Event Tickets designed for True Fan only. $FANS will be available on Bitkub Exchange Platform, where fans can create and trade the collectible of their favorite influencers. Not only that, $FANS will also be distributed to fans who attend activities with influencers, through Proof of Fans system. The Token then can be used to exchange exclusive rewards from influencers via Bitkub Platform.

Mr.Sakolkorn further revealed that Bitkub developed the DApp (Decentralized Application) on Flow Blockchain, The Blockchain of Dapper Labs, who is well-known for the most popular Collectibles game, the CryptoKitties, which was supported by

leading  organizations such as  Warner Music , NBA Stars , Samsung , Coinbase, and even world’s leading gaming company, Ubisoft.

Flow Blockchain was chosen by Bitkub because of their emphasis on User- friendly Interface, thus allowing more people, not just cryptocurrency traders or developers, to interact with Blockchain without realizing that they are using one (Mainstream Adoption), and by using Flow Blockchain, which is accepted by leading organization throughout the world, can guarantee more Security, Stability, Convenience, and lower cost than other blockchains, said Mr.Sakolkorn.

Meanwhile, Mr. Krit Boonyarang, also known as Bie the Ska, Thailand’s Leading Youtuber with 12 Million subscribers, expressed his excitement over the cooperation with Bitkub to Tokenized his reputation without any kind of ICO. He believes that the arriving of $FANS will create more new contents, new interesting activities, and further improve the community. He also promises that he will create more collectibles for fans as a Thank you for their love and support. Lastly, he also invites All Influencers to join Fans Network in order to improve the network and gain privilege.

$FANS (Fans Token) was successfully announced at the Press Conference 2020 of Bitkub Capital Group Holdings, known as “Future is Now!” with the support  of Bitkub’s Business Partners, which are: Ananda Development Public Co. Ltd, Trinity Security Co. Ltd, and Thailand Science Research and Innovation (TSRI) who is promoting the Project called “The Study and Development of Smart City” that aims to create a brighter future for everyone.

$FANS will start distribution within Q4/2020. Stay tuned at Facebook Bitkub.com: @BitkubOfficial for more updates!

Categories
Crypto Exchange Cryptocurrencies Easy Crypto Australia

Multi-Crypto Purchases Sent Directly To Your External Wallets via Easy Crypto

Multi-coin ordering to multiple wallet addresses

If you’re a crypto portfolio investor for long term then this service could be very useful for you to top-up some coins easily all in one buy process.

  1. Select your coins & buy amounts
  2. Enter your external wallet addresses
  3. Coins delivered directly to you
Select your coins and amounts
Enter your blockchain wallet addresses
Coins delivered to your external wallet

Safety considerations when buying & storing cryptos

It is important to Stay safe when buying cryptocurrencies and knowing where to store them safely off exchange in a hardware device is paramount to keeping the cryptos under your control – where you control the private key. Some exchanges offer direct buying and send the coins directly to your wallet – Easy Crypto AU is one of those exchanges.

Easy Crypto multi-coin buying process

We have written a full guide on How to Buy Crypto with Easy Crypto in Australia which shows you step by step how to do multi-coin buying process step by step.

About Easy Crypto

Easy Crypto was originally started in New Zealand, and now has expanded into Australia. They are one of the safest options as they do not hold your cryptocurrencies for you – they send it straight to your external wallet. You can buy 35+ different cryptocurrencies including Bitcoin.

Categories
Crypto Exchange Cryptocurrencies Swyftx

Swyftx adds 47 new Crypto Assets for trading

Swyftx Now Supports the most Crypto Assets, 176, compared to any other Australian Exchange.

[Brisbane, Australia – Sep 25] —  

  • Now Supporting 176 Assets from 129 (47 New Assets) – the most crypto related assets supported than any other Australian Crypto exchange to date.
  • All New Assets Swyftx will be supporting are listed in the table below.
  • Aligns with a new website refresh, focusing on simplicity and a clean interface.
  • Swyftx’s instant withdrawal feature utilising OSKO is just around the corner with development in the final testing stages; this means when withdrawing money back to AUD from a Swyftx Account, users will receive their funds within 5 minutes directly to their bank account.
  • Swyftx is expanding into New Zealand within 2020, currently working through onboarding of partners to support this location.

“Our vision has always been to build an integrated platform that services all the needs of everyday Australians investing in crypto currency. Delivering the most crypto-assets in one place is just one of the many components essential to the success of our strategy.”

CEO of Swyftx, Alex Harper

Swyftx is an Australian Cryptocurrency Exchange Platform

New Coins Listed

Coin NameCoin Code
UmaUMA
DFI.moneyYFII
NumeraireNMR
BalancerBAL
AragonANT
SushiswapSUSHI
TerraLUNA
Wrapped NXMWNXM
THORChainRUNE
Curve DAOCRV
HiveHIVE
StorjSTORJ
JustJST
IRISnetIRIS
DiaDIA
TomoChainTOMO
WanchainWAN
bZx ProtocolBZRX
AnkrANKR
BluzelleBLZ
The SandboxSAND
ARPA ChainARPA
Celer NetworkCELR
VeThor TokenVTHO
Loom NetworkLOOM
CivicCVC
AirSwapAST
ChromiaCHR
NebulasNAS
Dusk NetworkDUSK
Standard Tokenization ProtocolSTPT
pNetworkPNT
Cocos-BCXCOCOS
FIO ProtocolFIO
SelfkeyKEY
DrepDREP
CartesiCTSI
ViteVITE
NavCoinNAV
NeblioNEBL
Measurable Data TokenMDT
TokenClubTCT
TROYTROY
MovieBlocMBL
Orchid ProtocolOXT
AvalancheAVAX
SUNSUN
Categories
Crypto Exchange

CoinJar introduces ‘CoinJar Bundles’ designed to simplify investing in cryptocurrencies

Cryptocurrency exchange and wallet service CoinJar, today announced the launch of “CoinJar Bundles“, designed to simplify the creation and management of diversified cryptocurrency portfolios, especially for new investors into the sector.

CoinJar Bundles allow CoinJar customers to seamlessly purchase multiple cryptocurrencies in one transaction. CoinJar has curated a collection of bundles, including the largest cryptocurrencies by market cap, bundles that centre around stablecoins, ERC-20 tokens, and more.

Among them, CoinJar’s ‘Popular Trio Bundle’ provides weighted allocations in BTC, ETH and XRP, while the ‘Universe Bundle’ allows customers to easily invest across the company’s entire digital currency inventory.

Each Bundle will clearly break down asset allocations between ‘proportional’ and ‘cap adjusted’. Funds added to each Bundle may be automatically allocated in fixed proportions or allocated to reflect the ratio of basket content and quantity of cryptocurrencies set according to a Bundle’s settings.

“Diversity is king. But building a healthy, diversified crypto portfolio can be intimidating, not to mention time consuming.” said Asher Tan, CEO of CoinJar.

“We’re a big believer in simplifying access to the cryptocurrency space, which is why we’ve launched CoinJar Bundles – a single-click way to invest in multiple cryptocurrencies at once”, said Asher.

Beyond bundles and after a successful launch in the UK, CoinJar is expanding to a number of European countries, and is quickly becoming the simplest way to buy a diversified cryptocurrency portfolio on iPhone and Android devices.

About CoinJar

Established in 2013, CoinJar is the easiest way to buy, sell, store and spend cryptocurrencies in the UK and Australia. CoinJar’s iOS and Android apps allow users to trade cryptocurrencies on the go, while CoinJar Exchange and CoinJar OTC Trading Desk cater for professional traders, as well as individuals and institutions looking to make larger transactions.