Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto Exchange
Top Crypto Trading Bots For Coinbase Pro
At some point, every crypto trader must figure out if they are ready to incorporate crypto trading bots into their strategy. Trading bots are automated protocols that execute trades based on preset market indicators. Bots simplify trading and are an excellent way to ensure you take advantage of trading opportunities. Recently, there has been an influx of traders onto the popular exchange Coinbase Pro. Coinbase Pro is the advanced version of the largest exchange in North America, Coinbase. It provides…
4 years ago
Interview with Michael Hung, The CMO of The BYDFI Exchange
There are indeed several other exchanges offering services similar to BYDFI, i.e., Bitmex, PrimeXBT. So what factors stand out for BYDFI? What is so special about your exchange? It’s nice to have a chance to talk with you. The trading platforms you mentioned are our respected competitors. Here I will make a brief explanation. The difference between BYDFI and futures exchanges like Bitmex is that they prefer professional quantitative contracts. In fact, it is difficult for novices to get started. Relatively…
4 years ago
The BitMEX Exchange – An Easy to Follow Guide for New Users
BitMEX is a cryptocurrency derivative trading platform designed to serve the needs of the global market. Unlike most exchanges, you don't trade cryptocurrencies directly on the platform. Instead, you trade crypto-based contracts. The advantage of this strategy is its more inclusive because it provides a regulated way for large financial institutions to participate in the market. Benefits of The BitMEX Exchange BitMEX introduces a number of benefits to the market. For one, its global approach provides a huge variety of…
4 years ago
Robinhood Cryptocurrency Trading: Legit or Scam?
If you’re not new to the crypto trading scene, you’ve probably heard of Robinhood. Robinhood was formed in 2013 out of two roommates' friendship at Stanford University, i.e., Vlad Tenev and Baiju Bhatt. The two founded Robinhood out of a market opportunity to provide commission-free trades with no minimum amounts for opening a brokerage account. Initially, Robinhood offered commission-less stock, ETF, cash-management account, and options but has since started offering free cryptocurrency trading supporting some of the popular digital assets. …
4 years ago
The Coinone Exchange – An Easy to Follow Guide for New Users
Coinone is an entry-level cryptocurrency exchange designed to support the Korean market. The exchange allows users to buy, sell and store Bitcoin, Ether, and other top coins with ease. The platform’s focus on simplicity and regionalization has helped it to become one of the top three cryptocurrency exchanges in Korea based on market capitalization. Benefits of The Coinone Exchange Coinone exchange is an established player with a strong team supporting development. As such, the exchange continues to attract new users.…
4 years ago
LCX Secures Regulatory Approval for 8 Licenses In Liechtenstein
On Dec 30, 2020, the Liechtenstein Cryptoassets Exchange (LCX) reportedly secured approvals of eight license categories from the Financial Market Authority (FMA) of Liechtenstein. According to the press release, LCX has received the licenses under the Token and Trusted Technology Service Provider Act (TVTG), also known as the blockchain act. The exchange will now be the first entity with regulatory approval to offer the broadest scope of blockchain services in that jurisdiction. Monty C. M. Metzger, CEO and founder at…
4 years ago
Bittrex Review – Exchange Features, Trading Fees and Security
Bittrex is a US-based crypto exchange designed to provide you with a quick and easy trading experience. The platform leverages various strategies to make it ideal for beginners in the market, yet robust enough to provide experienced traders with the tools they need to succeed. Bittrex received a boost in market capitalization this year due to the integration of a major network upgrade. The Recent update was part of the company’s Trade Your Way campaign. This campaign seeks to streamline…
4 years ago
Japanese Financial Giant SBI Buys UK Crypto Trading Firm B2C2
SBI Holdings has acquired the U.K.-based cryptocurrency trading firm B2C2 via its wholly-owned subsidiary, SBI Financial Services. While the acquisition amount was not disclosed, the deal comes a few months after the Japanese conglomerate acquired a minority stake of $30 million in B2C2, which earlier this year said it would expand its business into prime brokerage services. Since the two companies partnered in July, SBI has been providing its clients access to B2C2's platform, and the firm's trading volumes have…
4 years ago
The Bithumb Exchange – An Easy to Follow Guide for New Users
Bithumb is one of the top cryptocurrency exchanges globally in terms of Bitcoin trading volume at this time. The platform was one of the earliest to achieve global recognition. Since its introduction to the market, the exchange has earned a reputation as an advanced, veteran cryptocurrency exchange. Today the platform offers products for both new and experienced traders. Features of the Bithumb Exchange Bithumb is available as a PC application and a mobile app. The exchange includes an easy to…
4 years ago