MasterNode

HOW TO OPEN A NEW ACCOUNT ON OkEx

What is OkEx?

OKEx is a digital currency exchange with origins rooted in China. The exchange is a branch of OkCoin and it is geared towards more of professional traders than the ordinary trader, so if you are a beginner, this might be a tad bit difficult for you. OkEx offers a wide range of crypto pairs, making it an exchange with great advantage for traders. OkEx was founded in 2011, and it has since its inception become one of the top exchange platforms in the world in terms of volume of transactions. This implies that the exchange company has high liquidity in most of the trading pairs that it offers. It is also known for low trading fees which range from 0.03% and 0.15%; depending on the value involved. This makes it a preffered option when considering the cost of trading digital currencies. To cap it all, it is one of the few exchange companies that supports a desktop platform that is fully independent.

Opening a New Account

As established earlier, OkEx is more of a exchange platform for professionals. The steps given in this article might look strange but in all, it has been simplified in such a way that even a beginner in the trade can open account.

Step 1 – Visit www.okex.com


The homepage of OkEx is as shown above. It is advised that you bookmark this site on your browser for easy reference. Also, there have been reported cases where traders lose huge amount of money, just by missing an alphabet in a web address. Also, never click on unauthorized emails from this site. On the top right of the homepage is the ‘Sign Up’ button. Click on the button.

Step 2 – Sign Up

 

The sign up tab is as shown above. You are required to fill in your email first. After you have filled in your email, you are to enter your email code. The email code is a way of confirming that your email is authentic. So to get your email code, click on the ‘Get Code’ button just by the right hand side of the email code field. Your email code will be sent to your email immediately. Open it and paste it there, then proceed to fill in your choice password, confirming it on the field that follows. As always, do not be too much in a hurry to read through the terms of Use and Privacy Policies.  After you are done with all this, click on the sign up button.

Step 3 – Account Settings


Unlike most exchanges, the verification exercises on OkEx are different. Once you click the sign up button as directed on previous step, you will be taken straight to the homepage of OkEx that will look like the image above. At the top right is your email account written with a drop down sign. Click on the drop down feature and select ‘Settings’. Apparently, you have to set up a ‘Fund Password’.

Step 4 – Setting up Fund Password


In setting up Fund Password, you will need a Google authenticator. Google authenticator can be set up by downloading the Google Authenticator app straight to your smart phone. Use the app to read the QR code as shown below; on the Bind Google Authenticator tab. Note that there are a bunch of strings close to the QR code, those strings makes up your backup key which is used to reset your 2FA password, just in case you lost your phone.  It is advised that you keep this key stored somewhere outside your computer and if possible, off the internet. When you have eventually authenticated the QR code, your Google Authentication app will give you a code. Put this code where it should be and apply the same code that was sent to your email earlier on the Email Code field. The image is shown below;
 
Once you have proceeded past this stage, you can then set up your fund password, and then proceed to deposit tokens into your new account. Deposition can be done with fiat currencies through the use of bank accounts, and it can also be done through the use of  transfers from other exchanges.

Blocknode cryptocurrency: Price charts, Masternode stats and its performance

Introduction

Blocknode is a 2nd generation cryptocurrency and offers new features over the traditional ones like Bitcoin. The platform is a decentralized loyalty reward program run on the blockchain technology powered by the Blocknode token, with masternodes, proof of stake, bespoke, customizable wallets and a community-based treasury governance system.
Blocknode plans to revolutionize the incentive structure for business by giving them the opportunity to “stake” their existing funds with its blockchain network and after a certain period, start earning efficient returns on their investment while keeping the original amount. The result is a sustainable supply of rewards that could supplement the business’ own funding on a long-term basis.
Blocknode’s ticker symbol is BND which serves as the network’s core instrument of value. The initial buy-in is 100,000 BND for 0.6 BTC. The token matures after 101 confirmations in your wallet and only then can one use them for staking.

Basic Information about cryptocurrency

Blocknode Overview

Cryptocurrency Name BlockNode
White Paper https://blocknode.tech/whitepaper
Supply 97,372,146 BND
CEO SHANGJUN JIANG
Major Partners Organik, Audiochain, Superior Powder Coatings UK Ltd, Hidden Leaf Woodstock, Shop Zero and Mocana
Feature Masternode
Official Link Official Web Site
Telegram Account
Twitter Account
Facebook Account
Medium Account
Instagram Account
Youtube Account
Github Account
Reddit Account

 

Detail Description of Project

Masternode Stats

RoI (annual) 206.19% / 177 days
Required coins for masternode 100,000 BND
Masternode worth: $131.40

 
The Blocknode network is secured by nodes. Masternodes are super users of a network that have certain incentives within the platform. A business owner or anyone for that matter can become a masternode by purchasing 100,000 BND. They can then reap rewards which could help attribute profits into their loyalty program. They are responsible for decision-making and maintain full control of their initial investment and keep any interest earned off the tokens.
Return on Investment (ROI) is calculated based on actual rewards for each block for the last 24 hours. It is important to note that, ROI changes often and it is not the most important factor.

Wallet

Wallets available for Blocknode include Windows 64 and 32-bit, Linux 64-bit, macOS, paper wallet and mobile blocknode wallet.

Android Wallet https://blocknode.tech/
iOS Wallet  https://blocknode.tech/
Linux Wallet https://blocknode.tech/

 
One is eligible to have a customized wallet skinned with your company logo featured within the wallet by partnering with Blocknode and rewarding employees with BND tokens.

Project Detail

Blocknode is an altered fork of the popular PIVX. Unlike Bitcoin and Ethereum which uses the proof-of-work (PoW) consensus algorithm, Blocknode is based on proof-of-stake (PoS) mechanism which does not require high computations to perform transactions.
Performance aspects have been detailed in the project’s White paper.

Some of the benefits of Blocknode cryptocurrency include:

  1. Instant cross-border transaction. Implementing a rewards system on the Blocknode blockchain is efficient since you can execute rewards instantly to customers around the World, directly to their wallets. This saves you money.
  2. Decentralized governance of rewards system brings greater efficiency and also, one to budget efficiently.
  3. The BND tokens mean that customers have rewards which are actually valuable. This value is because you can use the tokens to exchange for BTC or purchase discounted goods for retailers who accept BND.

RoadMap

 

2018Q4 ・List onsecond Exchange
・Signup small to medium business
2019 Q1 ・Android Wallet app
・iOS Wallet app
2019Q2 ・BND Atomic Swaps
・Enterprise level partnerships

 
The Blocknode team has already delivered on some impressive partnerships, and they appear to be ahead of schedule laid out in their roadmap. The fact that its roadmap is already being followed with the token being available on various exchanges only adds to its credibility and sustainability for the future. They are continuing to work on other developments including a propriety one-click Masternode setup method, updates to the QT wallet and further research and development on sidechains and Atomic swap as indicated on the table above.
 

Price Chart

powered by Coinlib

Blocknode price for today is approximately $0.00112263. It has a current circulating supply of about 97.3 Million coins and a total volume exchange of $529.29.

List of Exchange to trade this cryptocurrency

BND is already one of the popular exchange as shown in the table below:
 

Exchange ・Binance
・Bittrex
・Upbit
DEX ・Cryptobridge
・etc

 

Summary of this coin

Blocknode is one of the most promising PoS and masternode projects. It is also among the few projects that provide rewards to their customers. This makes it a good platform to invest in,  as it is already operational. In addition, the ability to convert rewards into a variety of digital or traditional currency gives a greater level of choice that very few incentives programs offer.
A strong media and public relations campaign is in effect on several channels to ensure maximum exposure and attract new customers.
New technology developments that the team is currently progressing with include Atomic swaps; a system that allows instant peer-to-peer trading and negates the time and fees associated with using an exchange.