cryptocurrency Articles

CoinLion is a cryptocurrency portfolio management and trading platform. The platform makes it easier than previously for users to get into the cryptocurrency trading market, based on traditional portfolio management and trading platforms based on fiat currency like E-Trade, Scottrade or TD Ameritrade.

In return for sharing portfolios, research and strategy CoinLion users can earn LION as an incentive token.

CoinLion’s beginning

The founder and CEO of CoinLion, Josh DeWitt, has a background as a wealth manager at Merill Lynch. DeWitt’s experience and education in the financial sector gave him an advantage in knowing what was available in trading technology. Mining Bitcoin on the side while working, DeWitt saw that there were not many good ways to trade with cryptocurrency. Most of the systems of trade took too much time or were hard for users to have confidence in using the platforms.

Following the announcement that the anticipated BitCoin fork Segwit2X was being canceled, BitTorrent founder Bram Cohen has said that he is launching his own competitor called Chia. The ecofriendly cryptocurrency is set to use a block chain mining system that won’t use the electricity of other options on the digital market.