Exchanges

Margin Trading is one of the newer ways to make money in the cryptosphere. The concept involves borrowing extra funds by leveraging your crypto trading positions. Simply put, it’s trading with a loan. Brokers and individuals provide the loan based on laid terms and conditions. As a result, margin trading enables traders to trade even with limited funds. Sounds great, right? While the concept has been around for some time, it is only beginning to develop cryptocurrency trading roots. But,…

Exchanges are where all the crypto magic happens. A crypto exchange is the first place you visit if you want to acquire a particular digital asset, whether you have fiat money or other crypto coins.  In layman's, a crypto exchange can be best described as a marketplace where, unlike the common ones, instead of exchanging money for commodities, folks switch their equivalent fiat money for digital assets and vice versa. On the contrary, both parties (buyers and sellers) can exchange…

How is trading cryptocurrencies different from other assets like fiat currency, stocks, or bonds? There are quite a few distinctions, but the main difference is that cryptocurrencies have their trading exchanges, either centralized or decentralized. In recent years, cryptocurrencies have grown in popularity and adoption. They offer cheap, borderless ways of sending and receiving money and new investment opportunities. Additionally, many people migrate to cryptocurrencies as stores of value to protect their wealth from individual and collective government inflation. This…

Arbitrage refers to purchasing and selling an asset to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar financial instruments in different markets or different forms.  Arbitrage has existed for years in the financial world and is gathering momentum in cryptocurrency. However, with cryptocurrency trading taking root and spreading worldwide, there are periods with significant price variance between exchanges.  Crypto arbitrage is when traders…

These days, it's taken as a given that Know Your Customer (KYC) practices must be endured to trade crypto on centralized exchanges, as stringent legislation in most countries requires crypto businesses to verify individuals' identity using their service. However, it is not mandatory to use a KYC exchange (also referred to as "surveillance exchanges" by their critics) to trade. Moreover, several businesses still lawfully operate in jurisdictions that do not dictate the use of KYC laws or have no official…

With time, the types of crypto trading keep changing, and so do the exchange methods. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. However, when cryptocurrency was still new in the market, this exchange method boosted its popularity.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably looking for easier ways to exchange crypto with other traders. Look no further, as P2P…

Trading digital assets is a challenging experience, especially when you don't have the proper mechanism in place. That is why Binance has introduced the Binance Cloud to ensure smooth and comprehensive digital transactions at any level. The leading global blockchain ecosystem and cryptocurrency exchange company, Binance, has announced the launching of Binance Cloud. This innovation focuses on providing infrastructure solutions for partners and customers in launching digital assets liquidity, security, and exchanges leveraging Binance's industry-leading technology. The primary purpose of…

Progressively, Bitcoin and altcoins are slowly garnering attention from more crypto investors worldwide. Is it because cryptocurrencies have proven themselves to be a haven? Maybe people have started to appreciate the perks of blockchain technology, which is against the government's inflationary strategies.  In that rationale, since cryptocurrency first appeared, many exchange platforms have sprung up to facilitate transfers of digital tokens. However, although they offer similar services, crypto exchanges differ in terms of the level of privacy and security they…

In today's day and age of digital growth and technological advancements, almost everyone has heard of Bitcoin. From being obscure in 2010 to being an asset of great value as of 2023, cryptocurrencies and blockchain technology have come a long way. To put it into perspective, blockchain technology was once thought not to last the trial time presents. Not only has blockchain technology proven its detractors wrong, but it has also found its place in several business sectors, including travel,…