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As crypto has grown more popular and valuable, it’s become a big large target for hackers. While exchanges often reimburse those whose coins are stolen, nobody wants to be in that position in the first place. Leading exchanges like Binance and KuCoin have been hacked, resulting in tens of millions of dollars in losses. Alternatively, make it a habit to […]
But with MetaTrader 5, traders are able to invest in this market in different ways that aren’t always available through exchanges. On the average cryptocurrency exchange, trading amounts to the direct purchase of cryptocurrency, either with fiat currency or with a different digital currency. With MetaTrader 5, however, crypto trading works differently and is split into two different methods. That […]
This usually means uploading a photo or short video of your face or looking into the lens of your webcam or smartphone camera while following a series of prompts. Exchanges are obliged to follow strict KYC regulations designed to tackle money laundering and fraud. These checks are in place to weed out people using your image to open a fraudulent […]
OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.
Though the market being unregulated brings advantages, it also creates risks, as there is no significant oversight that can ensure risk-free transactions. Leverage can help magnify profits but can also lead to high losses. Lack of transparency in the FX market can harm a trader as they do not have full control over how their trades are filled, may not […]
Recep Tayyip Erdoğan railed against the secular elite who had led the country to near economic collapse. A devout Muslim, he walked the streets of his home neighborhood, Kasımpaşa, a hardscrabble district where he grew up selling simit, or sesame bread, promising reform. In an upset election, he coasted into the role of mayor of Istanbul. By 2003, Erdoğan was […]
The registry, launched in March by Argentina’s National Securities Commission, already has 79 approvals.
Buy and hold simply means purchasing crypto and holding it over a certain period of time with the hope of selling it for a profit in the future. For example, you could buy bitcoin on an exchange with a lower price and immediately try to resell it on a platform showing a higher bitcoin price. On the contrary, arbitrage trading […]
Maker fees are set to 0.80% or lower. 3. Bybit is an exchange that is headquartered in Singapore. For example, those that have more than $1 million in holdings have no maker fees and a taker fees of 0.040%. There are no deposit fees, but there is a withdrawal fee that depends on the crypto asset. There is also a […]
Therefore, virtual currencies are considered commodities subject to capital gains tax. Since charting taxable income is based upon what a recipient reports to the revenue service, it becomes extremely difficult to account for transactions made using existing cryptocurrencies, a mode of exchange that is complex and difficult to track. Concerns abound that altcoins may become tools for anonymous web criminals. […]