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 Trading
Beginner’s Guide to the Types of Cryptocurrency Exchanges
With the constant surge in cryptocurrencies and their applications, investors and traders demand Cryptocurrency Exchanges perform trading. Therefore, Crypto Exchanges play a vital role in the development of the blockchain industry. Simply put, a Cryptocurrency Exchange allows investors to trade instantly and buy or sell cryptocurrencies. For investors looking to enter the cryptocurrency space, a centralized exchange is still the most common means of doing so. But the list doesn't just end there. One must know about the other options…
6 years ago
Bitstamp Review – Exchange Features, Trading Fees, and Security
Bitstamp is one of the world's longest-standing crypto exchanges. This veteran platform provides trading services geared to intermediate and experienced investors. Consequently, the platform has a customer base that includes individuals and institutions. Impressively, the Bitstamp exchange was the first fully regulated EU exchange. Specifically, the platform is regulated by the Luxembourg Financial Industry Supervisory Commission (CSSF). This designation has helped the network to remain a popular choice in the EU market. Benefits of The Bitstamp Exchange Bitstamp earned a reputation…
6 years ago
Gemini Review – Exchange Features, Trading Fees and Security
Gemini is a popular US-based regulated cryptocurrency exchange. Gemini differs from its competitors in its licensing. The network went to great lengths to secure a status as a New York State limited liability Trust rather than a Bitlicence. This designation provides the exchange with additional custodial capabilities. This way, the exchange operates similarly to popular Wall Street platforms versus a crypto exchange. Features of The Gemini Exchange Gemini provides users with an easy-to-navigate, user-friendly interface that allows users to buy…
6 years ago
The Leading Cryptocurrency Exchanges of All Time
The world today, as we know it, is benefiting greatly from harnessing the power of cryptocurrencies. Unlike traditional financial systems, these digital currencies are easily exchanged with the help of cryptocurrency exchanges. Banks and financial institutions also offer exchange services; however, traders cite specific problems such as high trading fees and slow exchange operations. On top of that, banks put users at risk of manipulation despite acting as the primary link between traders. Luckily, some of the most prominent exchanges…
6 years ago
Poloniex Review – Exchange Features, Trading Fees, and Security
Poloniex operates as one of the leading cryptocurrency exchanges in the market today. The network earned this reputation by remaining innovative and always seeking to provide users with more protection. For example, the Poloniex exchange was one of the first crypto companies to actively seek regulatory approval from FinCEN. It’s also one of the oldest exchanges still in operation today. Benefits of The Poloniex Exchange Poloniex exchange became famous due to its simple user interface and appealing design. New users…
6 years ago
Huobi Review – Exchange Features, Trading Fees and Security
Huobi is a popular global cryptocurrency exchange focusing on servicing the Asian Markets. This well-recognized platform consistently ranks amongst the world’s top 10 largest exchanges by trade volume. Notably, the word "Huobi" is Mandarin for “currency.” Features of The Huobi Exchange Huobi platform has a reputation as a safe and solid exchange for trading a wide range of cryptocurrencies. In addition, the network features a user-friendly interface that allows new users to navigate the platform without confusion. This simplistic approach…
6 years ago
What are Cryptocurrency Trading Bots and Why We Need Them
Investors in the crypto space regularly find themselves in a difficult position when implementing specific investment strategies. In particular, Newbies have difficulty understanding cryptocurrencies and how to leverage them for profit maximization. It is indisputable that digital currencies tend to be volatile, making them a risky venture. Without a solid investment plan, investors can easily experience financial losses. However, mitigating these risks is more comfortable with the power of crypto trading bots. In essence, trading bots are software that applies artificial…
6 years ago
Coinbase Pro Review – Exchange Features, Trading Fees and Security
Coinbase Pro entered the market to provide advanced cryptocurrency users with more flexibility and functionality. The platform shares many similarities with its predecessor Coinbase but features a more sophisticated toolset and fee structure. The platform aimed to improve the professional cryptocurrency trading experience and make it easier and more intuitive for users. As a Coinbase family member, the Coinbase Pro exchange is one of the world's largest and most recognizable digital currency exchanges. In addition, this world-class network of exchanges…
6 years ago
Kraken Review – Exchange Features, Trading Fees and Security
Kraken is one of the oldest and most respected cryptocurrency exchanges available today. The platform has managed to secure over four million clients and is used by professional and intermediate traders daily. Additionally, Kraken consistently ranks among the top five exchanges in the world. For these reasons, many consider this platform one of the most successful Bitcoin exchanges. Benefits of The Kraken Exchange Kraken's success didn’t happen overnight and can be attributed to a combination of factors. Nevertheless, the exchange…
6 years ago