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Written by Armand TanzariancontributorReviewed by Cyril Gilsonformer editor

Catalog Roundup: xCFD, Syscoin and More

Latest NewsPublishedOct 5, 2014

Every couple of weeks, Cointelegraph will do a roundup of all the new businesses and altcoins we have added to our catalogs.

catalog-roundup-xcfd-syscoin-and-more

Every couple of weeks, Cointelegraph will do a roundup of all the new businesses and altcoins we have added to our catalogs.

New Businesses

xCFD

xCFD is a trading platform that allows you to trade bitcoins right alongside gold, commodities, shares and various other assets. Note that the company does not handle bitcoins directly, at least not at the moment, for regulatory purposes.

“The Trading Floor is well laid out and easy to understand. On the left side are the available instruments, which include indices, forex, commodities (including Bitcoin), stocks, bonds and options. The forex floor uses USD,GBP and AUD as base currencies to trade dozens of other fiat monies. “There are hundreds of indices to choose from and nine different commodities, ranging from natural gas and several different metals to Bitcoin. In the center of the screen is the quote monitor that provides a real-time look at prices for several instruments. This monitor also includes an account summary and chart. Trades and orders are placed on the left side of the page. Leveraged buying is also available with the scale depending on the instrument.”

Other new additions to our Businesses Catalog:

  • Bctip.org
  • Gambling With Bitcoins
  • Bitnation

New Altcoins

Syscoin

Syscoin is a next-generation cryptocurrency that allows holders to trade any kind of asset — including shares, cryptocoins and even digital property — along its blockchain. Syscoin developers have created a certificate system whereby users can issue certificates on the blockchain to prove ownership or any other relevant credential.

“Syscoin is a proof-of-work coin, which helps it stand out from its nearest competitor, NXT, which is proof-of-stake. Syscoin uses the Scrypt algorithm, which is the same algorithm used by Litecoin, Dogecoin and several other popular altcoins. Merged mining with any other Scrypt coin is supported by Syscoin, which should help the coin’s security. “What makes Syscoin unique from other Scrypt coins is the cryptocurrency 2.0 features that let it do much more than simply send Syscoins from user to user. Users can send any asset through the Syscoin network, including other digital currencies or assets in its decentralized marketplace.”

Other new additions to our Altcoins Catalog:

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