CoinCompanions, time flies as the first month of the second quarter has already ended. Unfortunately Corona is still hunting our health and freedom with all the attendant consequences. Therefore, stay safe, keep your distance and be patient. We are in this together!
Another happening that is about to occur, which should be more positive, is the famous bitcoin halving which is planned mid May or for the experienced at block 630.000. The expectation of this halving is that the price shall rise due to scarce, as experienced with previous halvings. On the 30th of April the price of one BTC rose 13.6% within 24 hours from € 7750.93 to € 8805.33 . After that, a small and healthy pull-back, which is completely normal.
It has been along time that bitcoin moved up like that and has been more than welcome. We’ll see in the upcoming two weeks what will happen.
In this Buzz of April; CoinCompare, monthly Throwback, Crypto listings, the top 5 ups and downs and of course the recurring Best Deal Provider of the month announcement which contains an unique and rare outcome!
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On the 30th of April we at CoinCompare celebrated our 2nd birthday . Unfortunately, due to the pandemic it was a quiet one, but we will make up for it next year.
In our previous Buzz of March we mentioned that ‘broker’ and ‘exchange’ shall be changed to ‘provider’. This has been processed on all generic pages throughout the whole site. We’ve also added more direct buy and sell widgets on the provider pages per provider and more will be added in the future. And we’ve added some more content and smashed some bugs to make the website better.
Our new service. Yeah buddy! We are still enthusiastic about it and we hope you are too. All supported providers, all offered crypto in one place and always with the best price. Currently CoinWall supports 333 different cryptocoins and tokens. How amazing is that ? We still had some bug fixing to do and to ensure that the 24h charts are added for all the crypto offered. All has been fixed and done. Take a look!. Enjoy it and if you have any remarks, feel free to contact us via our form here.
A couple notable developments and happenings:
Crypto listings and top 5 ups and downs
Just one listing in April and a couple delistings. Coinmerce added Solana (SOL), but the prices are currently not comparable and therefore only available on CoinWall. Let’s check out the rest of the overview below of which crypto’s have been listed and delisted at our supported providers.
||Knaken: Bankex (BKX), Contents Protocol (CPT)
||Bitladon: DigixDAO (DGD)
||Bitqist: DigixDAO (DGD)|
|Coinmerce: Solana (SOL)||Coinmerce: DigixDAO (DGD), Chromia (CHR)*, Po.et (POE)*
|LiteBit: –||LiteBit: –
|Anycoin Direct: –||Anycoin Direct: –
*The crypto’s are still visible on their platform, but cannot be bought. For that reason we shall remove the crypto from our platform. They shall be delisted from Coinmerce on the 10th of May so there is still time to sell or withdraw if you own the crypto.
As of writing the total amount of unique and comparable crypto, per the largest provider, are as following in compare to previous month:
Knaken 212 (-2)
Bitladon 195 (-1)
Bitqist 155 (-1)
Coinmerce 135 (–)
Bitvavo 58 (–)
LiteBit 53 (–) Currently under going maintenance due to wallet support. Among them are Monero, NEM and Zcash. Full article here.
Anycoin Direct 26 (–)
Coinbase 20 (–)
CoinCompare 185 (-1)
CoinWall 332 (-3)
We started April with 186 crypto’s where we compare the prices of. With the additions and removals the total amount has become 185 different crypto’s on our unique one page price comparison overview. On our brand new added service CoinWall, we support three crypto’s less and therefore having a new total of 332 different crypto’s to choose from.
The biggest ups and downs of April, wherein Digibyte (DGB) came out victorious:
|+243.87% Digibyte (DGB)||-37.16% W Green Pay (WGP)|
|+114.79% Aave (LEND)||-28.83% Morpheus.Network (MRPH)|
|+84.98% Elrond (ERD)||-25.49% apM Coin (APM)|
|+83.33% Telcoin (TEL)||-22.25% Aeon (AEON)|
|+77.89% Streamr DATAcoin (DATA)||-21.02% Selfkey (KEY)|
Here are the best deal providers of the month April. And do we have something unexpected there. 16 providers with 186 comparable crypto’s and 372 prices are monitored to come to the following interesting result:
Bitladon! Staying where they are as when they took Bitqist’s spot since March. At their return at #3 they had 54 entries and a 14.25% share . In April they lost a couple to their competitors. We counted 50 entries with a 13.44% share. That results in a small loss of 0.81% . With their addition of the new iOS app they completed full support on all most used platforms (iOS, Android and Desktop). They don’t provide the best prices, but on the other hand they do have one of the largest range of crypto to offer. Of the total of 195 there are 175 price comparable and 20 are unique. Bitladon is currently the only provider, at the ones that we support, that provides the most stable coins like Tether (USDT) and PAX GOLD. Besides the stable coins they are also the only provider that offers Beam (BEAM), Phantasma (SOUL), V-ID (VIDT) and some others. Go check them out on our new service, CoinWall!
Bitvavo! and Bitqist! Yes, indeed, two providers have to share the same piece of pie in April . Both providers have the exact same amount of entries and therefore share the same percentages until the last decimal. This is a first and a one of kind in the CoinCompare history. The amount of entries in April was 82 which results in 22.04% share for the both providers. When compared to March, it is visible that Bitvavo is the loser of the two. In March they had 105 entries with a 27.77% share which results in a loss of 5.73% in April.
Looking at Bitqist, which had 44 entries in March with a 11.64% share, had the biggest gain of 10.40% in April of all providers. The reason for the gain is understandable. At the end of March Bitqist discounted their full commission on all trades, to promote the company, which results in lower prices! As it is temporary we expect that Bitqist shall drop in entries when the promotion ends. Due date is not known.
Coinmerce! Switching energy providers and insurances, like healthcare and for your car, is normal these days to save money. But why not do it with crypto providers? Got you thinking right? Depending which provider you are using now and what you invest you can save € 100.- up to € 1.000.- yearly. Coinmerce has been the undisputed Best Deal Provider since the beginning of CoinCompare. We compare crypto prices independent. Yes, fully independent. No promotion here. The numbers simply don’t lie. With 135 entries and 36.29% share Coinmerce is again the Best Deal Provider of the month . In March they had 148 entries and had to give a little to the competition which results in a small loss in share of 2.89%. With their user-friendly new design on web and app, best prices and customer friendly support they could be making the switch worthy.
The best deal provider of the month is determined independently with the average of cumulating snapshots of buy and sell prices of all the best deals that are shown on our homepage. Logically, the larger the variety of crypto offered, the most chance of becoming the winner. In the end it is still the price of the crypto that matters as it has to be comparable. Discounts in Tiers and VIP levels are not included in the calculation. As deals change several times a day, due to the volatility of prices, the provider with the best deal can therefore change as well. Due to that fluctuation we take two snapshots per day to the determine the provider for that day with the most entries on our price comparison page.
By Jeroen Modified 31/07/2020