In the ever-evolving landscape of digital currencies, MediBloc [QRC20] (MED) emerges as an intriguing and niche cryptocurrency. With its unique position in the realm of healthcare and medical data, the question of "Where can you buy MediBloc [QRC20] (MED)" becomes increasingly relevant for both seasoned investors and newcomers to the world of crypto. This comprehensive guide will explore the avenues for purchasing MED, diving into the platforms that support it and the steps required to make an informed purchase.
Understanding MediBloc: A Healthcare Revolution Before exploring the purchase methods, it is crucial to understand what MediBloc is and why it has garnered attention in the cryptocurrency community.
The Genesis of MediBloc MediBloc, a project initiated to revolutionize the handling of medical data, leverages blockchain technology to offer a decentralized, secure, and efficient way to manage and share medical records.
The Utility of MED Token The MED token is at the heart of MediBloc's ecosystem, functioning as a means of exchange within its network. It allows for incentivizing data sharing and can be used by patients, healthcare providers, and researchers alike.
Platforms to Purchase MediBloc [QRC20] (MED) Various platforms facilitate the purchase of MediBloc, each with unique features catering to different user needs.
Cryptocurrency Exchanges Supporting MED Exchanges such as Upbit, Gate.io, and Bittrex are among the few that list MediBloc [QRC20]. These platforms offer a straightforward way to buy, sell, and trade MED alongside other cryptocurrencies.
Understanding the QRC20 Token Standard MediBloc’s use of the QRC20 token standard, a counterpart of Ethereum's ERC20, necessitates choosing exchanges that support this format. Researching and selecting the right exchange is key to a smooth transaction process.
Creating an Exchange Account To start purchasing MED, one must create an account on the chosen exchange, complete the necessary KYC (Know Your Customer) procedures, and ensure the account is secure and verified.
Securing Your MediBloc [QRC20] (MED) Tokens After acquiring MED tokens, the focus shifts to their safekeeping.
Hardware Wallets: The Fort Knox of Crypto For heightened security, hardware wallets like Ledger or Trezor are recommended. These provide offline storage, shielding your tokens from online vulnerabilities.
Software Wallets: Convenience at Hand Software wallets, although not as secure as hardware wallets, offer greater accessibility and ease of use. Wallets like MetaMask and MyEtherWallet, which support the QRC20 token standard, are suitable for storing MED.
Exchange Wallets: A Double-Edged Sword While keeping MED tokens in exchange wallets is convenient for trading purposes, it is generally less secure than other methods, especially against potential online breaches.
Utilizing MediBloc in the Healthcare Sector MediBloc’s real-world application in the healthcare industry sets it apart from many other cryptocurrencies.
Revolutionizing Medical Data Handling The primary use case of MediBloc is to streamline the sharing and management of medical data, fostering a more efficient, patient-centered healthcare system.
Empowering Patients and Providers By utilizing MED tokens, patients gain more control over their medical data, and healthcare providers can access vital information seamlessly, leading to better patient outcomes.
Navigating the Investment Landscape of MediBloc Investing in MediBloc requires an understanding of its unique market dynamics and long-term potential.
Market Considerations The value of MED is influenced by the success of MediBloc’s platform, partnerships in the healthcare industry, and general market trends in the crypto world.
Long-term Perspective Investors in MediBloc often see it as more than just a cryptocurrency; it's viewed as a stake in the future of healthcare data management.
Conclusion Buying MediBloc [QRC20] (MED) is a process that involves choosing the right platform, understanding the specifics of the QRC20 token standard, and ensuring secure storage. With its unique positioning in the healthcare industry, MediBloc presents an intriguing case for both crypto enthusiasts and those interested in the future of medical data management.
Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.
Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.
Founded in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies in pairs with BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token, which allows its holders to access discounted trading fees. The exchange has around 30 currencies listed at the moment and 179 markets running according to CoinMarketCap.
Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.
BigONE is a centralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 180-200 mln. $. BigONE has 117 available trading pairs and 75 coins. Deposits are free on the exchange. BigONE doesn't have fiat deposits option. Margin trading option is not available on the exchange.
Withdrawal fees can reach up to 0.0002 BTC.
Bithesap is a Turkish cryptocurrency exchange offering two trading pairs: BTC / TRY and LTC / TRY. The platform is aimed at customers who need help with cryptocurrency trading services, you can safely sell, buy, exchange such as Bitcoin and Litecoin with reference to the Turkish Lira (TRY) here. The turnover of the exchange is about
$2.708.845 according to coinmarketcup at the moment.
BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
Bits Blockchain exchange is registered in Macau. The exchange’s website displays a recent transaction price, fluctuation, price difference and volume for the last 24 hours for selected cryptocurrency pairs. There is a Bits Blockchain web wallet.
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
CoinDeal exchange was started in March 2018. The exchange is subject to the Malta Financial Services Authority (MFSA) and has recently applied for the MFSA’s license.
CoinEx exchange was established in 2017 in Hong Kong. The platform can be used as a low-cost exchange with a broad range of different coins. The main asset is Bitcoin cash. Moreover, there is information that this exchange is going to present its new coin soon. It might be called CoinEx Token. Besides, the developers of CoinEx can establish a special exchange with the decentralized system using CET as “gas”.
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
GOPAX exchange was incorporated by Streami, Inc. under the laws of the Republic of Korea. GOPAX stands for Global Online Professional Asset eXchange.
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA.
Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.