Cointal Introduces Cryptocurrency Trading via Centralized Multi-Cryptocurrency P2P Marketplace

Nowadays, everyone is curious about cryptocurrencies and underlying blockchain technology since they both have gained worldwide acceptance. It has resulted in the creation of many opportunities for meaningful, creative projects some of them contributing to growing fintech space, which attracts many startups and investors. However, because of the complex nature of the current trading systems in terms of complications with identity verification, and security protocols, many potential users are still confused to invest. Cointal aims to overcome the biggest inconvenience found in existing trading platforms.

The Market Demand

We can see a growing demand for an enhanced cryptocurrency platform. Users want a highly secure, well-structured and easy-to-use platform that offers them all the abilities, information and approaches needed to enter the cryptocurrency market.  Cointal offers all the requirements to the community as a rising blockchain startup that is scaling the P2P crypto-marketplace.

About Cointal

The Coin Portal, called Cointal, is a London-based Peer to Peer Cryptocurrency marketplace that aims to revolutionize cryptocurrency market, making it easily accessible to users. Cointal is on its way to become the world’s first centralized multi-cryptocurrency P2P Marketplace, dealing with trading of fancied cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC). The platform lets users choose the most suitable deals and trade the most profitable cryptocurrencies and exchange them for cash afterwards.

The Core Features

Cointal connects sellers and buyers, providing them the benefits of various payment modes, security, speed, simplicity and low fees. Stable payment modes and trading are the platform’s priorities. Cointal offers a multi-secure wallet without any limit for deposit and withdrawal for cryptocurrencies. It is backed by 24/7 support, globally accessible service, complete transparency, an Escrow and strong Feedback system, Anti-hacking measures, a mobile app, and other features. Cointal has partnered with BitGo, a leader in cryptocurrency solutions to offer secured, digital wallets for storing their assets.

Mohammed Imad G, the founder and CEO of Cointal, says:

“We want to restore freedom in the cryptocurrency community. After experimenting with other makeshift solutions, we saw a clear opportunity to simply give users what they want: a versatile, stable, and secure platform for trading cryptocurrencies.”

 The Unity Program

The company is soon coming up with its unique Unity Service that will enable users to trade in different cryptocurrencies using Paypal, ACH/SEPA transfers, credit cards and other modes of payments. Users will be able to execute transactions instantaneously, without any limit on spending. Cointal has already processed more than USD15 million worth of transactions in last two months.

During these 2 months, Cointal has generated some interesting stats, involving Total Trades volume beyond USD15 Million, a total of more than 10.000 users, among them 2.389 users have claimed and enjoyed their Cointal Builder advantages (Including, but not limited to, free trades), involving users around more than 2596 cities in the world. Their presence is described as remarkable over the social networks, and no user has been left behind. The support team is available 24/7 over their Intercom Live Chat and has scored a median time response of 1.6 minutes, becoming the quickest and most helpful platform in the market as of late.

The Cointal team is currently preparing to launch an ICO sometime soon. More information about the platform is available at

We are closing in on the end of the European session and it’s time to take the second of our twice daily looks at what happened in the bitcoin price today in an attempt to figure out if there’s any way we can use the action we’ve seen to put together a strategy for tonight’s trading.

And it seems as though we can.

Finally, during the session today, we’ve seen something of a reprieve in sentiment and the markets are starting to turn around. It’s taken a little longer than we’d hoped but that’s not important right now – what is important is that price is able to hold onto its recovery driven gains and find key support as it returns towards highs.

And with our intraday strategy, we’re hoping to take advantage of each of these major support levels as and when they come into play.

So, with this noted, let’s get some levels in place that we can use for the session going forward.

As ever, take a quick look at the chart below before we get started so as to get an idea where things stand. The chart is a one-minute candlestick chart and it’s got our primary range overlaid in green.

As the chart shows, the range that we are looking to use for the session this evening comes in as defined by support to the downside at 14603 and resistance to the upside at 14699. We’re going to stick with our breakout strategy for the time being, meaning we’ll be looking to enter a long position if we see price close above resistance. On this one, we’ll target 14800 to the upside and a stop at 14650 will define risk.

Looking the other way, if price closes below support, we’ll enter short towards a downside target of 14500.

Let’s see how things play out.

Charts courtesy of Trading View

Most people are well aware of how Venezuela wants to create its own cryptocurrency. Known as the Petro, this new form of money is backed by the country’s natural oil reserves. Although President Maduro has planned to issue quite a few of these coins in the near future, that may not happen after all. More specifically, the Venezuelan Congress outlawed the Petro cryptocurrency altogether. In their opinion, this new currency is an “effort to illegally mortgage the country’s oil reserves”.

Venezuela is a country on the verge of collapsing financially. A lot of problems have arisen in recent years and the situation only grows direr. Coming up with a solution to these problems has not been easy. President Maduro has experimented with a few different solutions, but not made any real progress. Instead, he wants to resort to creating a national cryptocurrency, known as the Petro. Backing the value of this currency are Venezuela’s natural oil reserves.

What Will Happen to Venezuela’s Petro?

On paper, this concept makes a lot of sense. It would provide some financial relief for the struggling nation in the coming months and years. Unfortunately, Venezuela’s government isn’t too keen on this idea whatsoever. In fact, they outlawed this cryptocurrency from being created and issued altogether. A remarkable turn of events, although such a move was to be expected at some point. The opposition-run parliament feels President Maduro wants to illegally mortgage the country’s oil reserves. Some very harsh language is being used to make this point even more apparent.

Issuing the $6bn worth of Petro will not happen anytime soon due to this decision. Venezuela needs hard currency and evades financial sanctions at the same time. Without this cryptocurrency, that may become an insurmountable challenge. At the same time, financial experts tear this currency will lead to even more financial mismanagement by the government. The big question is whether or not investors are even interested in the Petro at this stage. Right now, that doesn’t appear to be the case, but things can always change in the future.

For the time being, it remains to be seen how this situation will evolve. It is evident Venezuela’s economy is crumbling as we speak. This situation has gone from bad to worse in quick succession. A national cryptocurrency may very well be the country’s last resort. Unless the Senate reverses its decision, that currency will never exist in an official capacity. This is a very interesting situation well worth keeping an eye on. After all, the Petro may set an international precedent in more ways than one.

Header image courtesy of Shutterstock

Ted Rogers, the president at Xapo, one of the most widely utilized bitcoin wallet platforms in the global cryptocurrency market, firmly emphasized that bitcoin is still the most sound money in the market.

Bitcoin is the Reserve Currency of Cryptocurrency Market

Over the past few months, the alternative cryptocurrency (altcoin) market has overtaken bitcoin, based on its dominance over the global market. While bitcoin remains as the most dominant cryptocurrency in the global market, it is no longer more valuable than all of the other cryptocurrencies in the market combined.

The decrease in the dominance index of bitcoin has been triggered by the rapid rise in popularity of cryptocurrencies such as Ethereum, Ripple, Bitcoin Cash, Cardano, along with digital tokens from initial coin offering (ICO) projects.

But, Rogers stated that bitcoin is still one of the only forms of sound money in the market that is currently being dominated by digital tokens and altcoins. He wrote:

“The altcoin/ICO mania of recent months is a circus of intellectual laziness, gambling and greed. Just hold to one central truth: bitcoin is the most sound money – the best money – human civilization has ever known.

Folks, I do think the ICO is important innovation, ETH has value as platform (not sure fair to call it ‘altcoin’) & we are headed for tokenized future. But ‘overvalued’ is trading at P/E of 20 instead of 15, worthless tokens with market caps of billions is Bosch and Bruegel madness. Period.”

Investors and analysts including Rogers firmly believe that bitcoin is the reserve currency of the highly volatile cryptocurrency market, as it is one of the few cryptocurrencies that is being utilized at a large and commercial scale internationally, apart from Ethereum which is processing more than 1.2 million transactions per day.

The market valuation of Ethereum can be justified, as Rogers suggested, given the value of decentralized applications launched on top of its protocol. But, the valuation of the rest of the cryptocurrencies in the market, remains questionable.

What Happens With Bitcoin?

Bitcoin and other major cryptocurrencies like Ethereum, Litecoin, and Bitcoin Cash tend to move together in a similar trend while digital tokens or ICO tokens move differently. If a massive sell-off from highly overvalued ICO projects and digital asset occurs, the money will not flow into fiat currencies. Rather, it will likely flow back into bitcoin and other legitimate cryptocurrencies.

If so, when bitcoin regains dominance over the global market, its market valuation will be able to surpass the trillion dollar mark, as analysts including billionaire investor Mike Novogratz stated earlier this month.

“Bitcoin could be at $40,000 at the end of 2018. It easily could. There’s a big wave of money coming, not just here but all around the world.”


DASH drifted slightly lower during the trading session on Wednesday, trying to get support at the $1000 level. We have found it there, and we remain in a trading consolidation between 1000 on the bottom, and 1200 on the top. Ultimately, I think the market will probably bounce, so look for short-term supportive candles to take a small position for a quick scalp to the upside.


Litecoin drifted a little bit lower during the trading session on Wednesday, as we are reaching towards the $230 level. Ultimately, I think there is a massive amount of support at the $200 level underneath, which is the bottom of the overall consolidation. I think we are going to continue to drift a little bit lower, so at this point I’m looking for buying opportunities closer to the $200 level.

Thanks for watching, I’ll be back tomorrow.


Ethereum markets fell a bit during the trading session on Wednesday initially, reaching down towards the $1200 level, but then bounced to break above $1300 again. It looks likely that the market is going to continue to find buyers, as Ethereum has been a nice and steady rally. I believe there are plenty of places below that offer support, so this is a “buy only” market.


Ethereum markets fell initially during the day on Wednesday, reaching towards the 0.09 level for support, but then turned around to bounce and show signs of life yet again. The 0.10 level above should offer psychological resistance, but at this point it looks as if the market is most certainly going to try to break above there. If we do pull back significantly I expect the 0.08 level to be massive support.

Thanks for watching, I’ll be back tomorrow.


Bitcoin drifted a bit lower during the trading session on Wednesday, but is approaching a significant support level based upon the uptrend line. Ultimately, I think that there is significant support below at the $12,000 level, just as the massive resistance can be found at the $17,000 handle. I believe that it is only a matter of time before you to bounce and that Bitcoin continues to go higher.


Bitcoin drifted a bit lower against the Japanese yen during the session as well, but also is starting to form a hammer on the 4-hour chart, and I think we are starting to see buyers coming back into the market. Given enough time, I believe that the market is going to go to the ¥2 million level.

Thanks for watching, I’ll see you again tomorrow.

There is much talk about new forms of investment, but very little about addressing the issues haunting the investment ecosystem: the shrinking amount of liquidity on the exit, and the length of the illiquidity period. Mango Startups wants to change that, and it is turning to the blockchain as the answer to the liquidity problem.

 Today, Mango Startups has announced the launch of the first initial coin offering (ICO) for a VC fund in Latin America.

Mango Startups will use blockchain to allow backers to make early-stage investments in promising tech companies. The fund will invest in a diversified portfolio of up to 24 tech startups from different countries in Latin America. The aim is to offer transparency and liquidity as well as a clear exit strategy for the investors.

‘Our core mission is to democratize venture investments and reshape the traditional Venture Capital industry for startups and investors. We add value to startups and investors through a proven track record of coaching and due diligence methodology. We provide liquidity, transparency, and inclusivity on the blockchain,’ comments Ami Lebendiker,  Founding Partner of Mango Startups.

Our team coordinates the Latin America Accelerator Network (RETEI). With more than 8 accelerators and +1,000 startups, this network provides a huge pool of talented entrepreneurs and scalable projects to choose from. In order to minimize risk and maximize revenue, all startups in the portfolio must follow these prerequisites:

  1. Have graduated from a renown accelerator program,
  2. Maintain a positive cash flow for at least 6 months and
  3. Provide a service platform or product that is highly scalable. Only the best companies will receive funds to be part of the portfolio.

This initiative enables anyone to invest in early-stage tech companies while keeping the investment liquid from day one.

“While equity crowdsourcing brought startup investments to the public, we are hoping that Mango Startups, with its liquidity and inclusivity, will bring more and more people to invest in a growing region like Latin America, while avoiding the inherent risk of investing into a single startup or ICO,” said Fernando Arriola, CFO of Mango Startups.

The Ethereum-based token will be made available in cryptocurrency exchanges after the ICO is over.

Massive Benefits of VC Investing vis Digital Token:

mango token

The Mango Startup Pre-ICO will launch on 1st of March, 2018 (Join to get 33% bonus). For more information or to participate in the crowdsale, visit

The ongoing “debate” between BTC and BCH supporters is far from over. Even more companies are taking one side or the other as we speak. has made a rather interesting decision in this regard. The company no longer thinks of BTC as the real Bitcoin, but rather “Bitcoin Legacy”. As a result, they will only support Bitcoin Cash moving forward. Furthermore, the company will start offering similar tools for other cryptocurrencies.

When block explorers grow tired of Bitcoin’s current shape, things are going from bad to worse. Everyone will agree the world’s leading cryptocurrency is not in a good place right now. It’s slow, overly expensive, and inconvenient to use for anything but being a store of value. Even that latter aspect has become problematic as BTC keeps losing value every day. acknowledges these problems and will drop support for this chain.

A Radical Decision by

More specifically, the team labels the “Blockstream fork of Bitcoin” as Bitcoin Legacy. It is the first time a major company denounces BTC as being the real Bitcoin in an official capacity. Although this decision is controversial, the team thinks it’s the right decision. All support for Bitcoin legacy will be dropped in the future. Instead, will switch to Bitcoin Cash moving forward. It is unclear when support for BTC will be deprecated, but it will happen “soon”.

According to the team, the current BTC developments make it a “dead end”. This is a pretty interesting opinion, which will create a fair few debates. Furthermore, will refer to Bitcoin Cash as being the one true Bitcoin. Whether or not this is the right decision, has yet to be determined. Other companies have been somewhat vocal about Bitcoin becoming far less attractive and less useful. If more companies drop BTC support in the future, things could get very interesting real fast.

For the time being, it remains unclear what the future holds for Bitcoin and Bitcoin Cash. The world’s leading cryptocurrency has lost a lot of its allure and the price keeps dropping. Bitcoin Cash has also taken a bit of a beating but seems to be fine otherwise. At this rate, it is highly doubtful BTC will remain the world’s leading cryptocurrency for much longer. Users and investors are getting fed up with the problems, both technically and ideologically. A very interesting future lies ahead for all enthusiasts, that much no one can deny.

We have witnessed dozens of global attempts to regulate cryptocurrencies in recent years. None of these efforts have been positive whatsoever. South Korea now urges other countries, as well as the IMF, to curb cryptocurrency trading. An interesting stance, although it may turn out rather positive for the future of Bitcoin and altcoins. Whether any of the addressed parties will take action, is something else entirely.

In a way, curbing cryptocurrency trading is all governments can do right now. Rather than take China’s lead, following South Korea may not be a bad idea. More specifically, the local financial regulator wants to prevent money laundering, terrorist funding, et cetera. Cross-border cyber transactions involving cryptocurrency have become rather problematic in South Korea over the past few months. It is unclear if any other region of the world has to deal with similar issues right now.

Regulating Cryptocurrency Trading Won’t be Easy

An international coordination to regulate cryptocurrency trading will not be easy to achieve. Very few countries are actively concerned about this new form of money. The laissez-faire attitude reigns supreme in this regard. If countries were to work together, however,  interesting things could happen. It will be either beneficial or destructive for the cryptocurrency ecosystem. In this day and age, there is no middle path when it comes to governments, regulation, and cryptocurrency.

With South Korea attempting to initiate discussions, a big first step has been taken. Addressing the way people can buy and exchange cryptocurrency seems to be the top priority. No country can afford to ignore this new form of money any longer. Preventing speculative transactions is another important aspect to keep in mind. Right now, all cryptocurrencies are mainly valued based on hype and speculation. It creates very volatile markets where money can be earned and lost very quickly.

Although it is commendable to tap the IMF in this regard, that institution most likely won’t intervene. More specifically, the IMF maintains a level-headed approach to cryptocurrency trading. They have announced not to take any drastic actions for the foreseeable future. At the same time, the organization doesn’t dismiss Bitcoin and other currencies either. Whether or not other regulators will respond to South Korea’s action, remains to be determined. For the time being, it seems very little will change.