Trading on an exchange is certainly a big risk, but even there you can find a way to trade with minimal losses. One of the lowest-risk ways to earn money on an exchange is arbitrage trading.
Arbitrage trading is a transaction with the purpose to make profit from the price difference for the same trading asset.
In simple words, it is a method of trading with minimal risks when a trader makes profit regardless of the direction of price movement.
The main feature of arbitrage trading is time. …
Almost every second cryptocurrency that was created after bitcoin tried to stand out with something new and surpass the digital leader of the cryptocurrency. In this article, we will review Maker (MKR) and DAI and talk about their features.
What is it?
MKR is an internal token of the Maker protocol. The main goal of the project was to create a decentralized asset that will be linked to real assets.
The first stablecoin based on Ethereum
Even during the birth of Ethereum, the market needed a stable currency, the price of which would be tied to real assets, such as…
Interest in cryptocurrency is growing every day not only from the users but also from the governments of countries.
Bitcoin is digital gold, and it has never had a goal to replace fiat currencies, but due to the large-scale integration of BTC into various structures experts predict it will dominate the financial system.
Fiat Money VS Bitcoin
When it comes to comparing fiat and Bitcoin, it is necessary to understand what makes an asset money. There are six attributes of money:
— Limited offer
— Consent to use
If we analyze BTC…
A trader on a cryptocurrency exchange is a person who conducts various transactions in order to make a profit. All participants of transactions are divided into different groups. Each of them performs a certain role, adheres to a certain strategy and is guided by their own principles.
Types of traders:
These are traders who make a large number of transactions and trade on short intervals.
— Day traders.
These are participants who trade only during the daytime. They calculate their risks as much as possible and work on time intervals from a couple of minutes to several hours.
Bitcoin has become a big provocateur and a push in the world of digital assets. After its popularity, hundreds of different cryptocurrencies entered the market and each with its own feature. Today we will consider Zcash (ZEC), one of these cryptocurrencies.
What is it?
Zcash (ZEC) is a global, widely available, confidential, open source cryptocurrency.
The main payment unit of the platform is the ZEC coin. The Zcash project itself provides absolute privacy to users when exchanging coins within the network. Transactions are recorded in a common block chain, but transaction data (sender, amount, recipient) remain unknown to other users.
Many experienced traders now use derivatives to earn money on the highly volatile cryptocurrency market, but in fact, derivatives themselves are a very old financial instrument on the stock exchange.
What is it?
Cryptocurrency derivatives are a financial contract that provides the participants of the transaction with certain obligations and rights of a relative digital asset.
Let’s analyze this concept in a simple language and consider an example. Imagine a situation where you ordered something, for example, household appliances, on the Internet. When placing an order, you enter into an agreement on the price and terms from both sides. …
Today we will consider another altcoin XLM which is traded on our exchange.
It is worth starting with the project. Where does XLM originate from? The answer is simple, it originates from Stellar. Stellar is a decentralized open source blockchain network that aims to perform fast international transactions with any currency pairs.
This blockchain has its own Lumens token (XLM), and all operations are performed with its help.
History of creation
Jed McCaleb and Joyce Kim created the platform in 2014, as an offshoot of the main Ripple platform. At first, Stellar was completely dependent on Ripple, but already in…
Scalping gained its popularity even before the advent of cryptocurrency, but it occupies a special, honorable place on crypto exchanges.
Scalping is an intraday trading strategy that involves making money on intraday fluctuations in the currency exchange rate.
The principle of scalping
To understand the principles of scalping, let’s look at the situation using two examples.
Now the concepts of “cryptocurrency”, “investing”, “bitcoin”, “blockchain” are in the spotlight every day. And despite the fact that many are afraid of these terms, absolutely everyone would like to get a small share of the sensational asset.
Let’s look at how to earn bitcoins on the Internet without buying it.
It is worth starting with the fact that the price for 1 BTC now varies from $30,000 to $40,000, so you are unlikely to get one full coin without investing a penny, but you can earn a part of bitcoin — satoshi.
This is a new…
When you decide to conduct some kind of transaction, for example, withdraw money from an exchange wallet to a personal one or vice versa, a deposit fee or a commission for withdrawing funds is necessarily charged. These are network fees that you pay to miners, not to the exchange.
Each exchange has a trading fee that you pay for each successful transaction. At the moment, this trading commission is different, so most use the maker-taker commission structure (maker-taker).
What is the essence of a maker-taker?
This model says that different commissions are charged depending on who you are in this…
Cryptology is one of the best professional digital asset exchange platforms that provide trading services among major digital currencies like Bitcoin, Litecoin