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
Introducing Botsfolio: A Crypto Trading Bot Focusing on User Convenience
Bitcoin has been surging in prices in the past few months, doubling and even tripling in price to over $57k. The second-largest crypto asset, Ethereum, is also enjoying significant price increases. It's no doubt that crypto is one of the best investments of the 21st century. However, many investors have been reluctant to invest due to past crypto volatility cases. Others are ready to invest but lack the expertise on the best investment strategies. Moreover, another investment challenge is timing.…
4 years ago
What’s the Difference between Margin and Leveraged Crypto Trading?
As you become more familiar with the crypto market and trading in general, you will inevitably stumble across the terms leveraged and margin trading. While these terms are interconnected, they don't mean the same thing. Leveraged trading is a broad term for taking on debt to magnify your exposure to a particular asset. Margin is similar to a security deposit that allows you to borrow money plus an interest payment with the expressed goal of investing in other financial instruments.…
4 years ago
Coincheck Review: Asia’s Biggest Cryptocurrency Exchange
Coincheck is a Japanese-based cryptocurrency exchange that provides bitcoin storage services and several crypto exchange operations as of 2014. The multilingual exchange is headquartered in Tokyo, Japan, and offers several trading instruments, including both popular and liquid tokens and a few altcoins. The platform also offers margin trading with a maximum leverage of 1:5, Bitcoin spot trading, crypto lending, and a crypto payment system that automatically converts cryptos to Japanese Yen. Coincheck has the highest Bitcoin trading volume in Japan,…
4 years ago
The Best Fiat-to-Crypto Exchanges for Beginners
To trade crypto, you must find a reliable and secure fiat-to-crypto trading platform. These exchanges differ from crypto-only platforms in their offerings, requirements, and, most importantly, their ability to convert fiat currency to crypto. In addition, fiat-to-crypto exchanges must adhere to strict regulatory requirements in most regions to accomplish this task. These requirements can make the signup process a bit more tedious and increase consumer protections. Today, fiat-to-crypto trading platforms are very popular. With so many options to choose between,…
4 years ago
The Best Cryptocurrency Exchanges for Advanced Users
Trading cryptocurrencies isn't easy. It takes research, skill, and determination to turn a profit. Additionally, it helps to use an exchange that offers features and services geared toward your trading class. Experienced traders seek features that allow them to leverage their positions and increase their ROIs. Also, security is paramount when trading large amounts of crypto globally. It's no secret that major investment firms and corporations such as MycroStragety or Tesla have invested billions into Bitcoin. Now, more than ever,…
4 years ago
The Ultimate Guide to Cryptocurrency Trading Tools
Amidst the growth of crypto trading, developers have developed several tools, including portfolio managers, wallets, market watchers, portfolio balances, crypto news aggregators, and exchanges, to make trading specific and profitable, minimizing risk. The right set of crypto trading tools and a proper mindset is crucial to successful cryptocurrency trading. Cryptocurrency Exchanges Why You Need Them: To buy or trade cryptocurrencies Cryptocurrency exchanges offer a gateway to the cryptocurrency world by allowing investors to trade cryptocurrencies for other assets, such as…
4 years ago
Luno Full Review – Upgrading the World to a Better Financial System
The crypto is definitely upon us. To say the least, Bitcoin has more than 100 million owners, 400 000 daily users, 200 million Bitcoin wallets, and over 53 million traders. Cryptocurrencies have also emerged to have the highest trading volume compared to fiat currencies. However, despite the widespread usability of cryptos, mainstream adoption is still a challenge, especially in developing countries in Africa and South Asia due to a lack of supporting infrastructure. Most crypto exchanges and other products are…
4 years ago
Hong Kong Should Do Better For A Successful Crypto Finance Background
For quite a while, Hong Kong has been bombarded by several hurdles in the financial sector. However, it stands as one of the most favorable financial hotspots around the Asian-Pacific region. Nevertheless, the use of virtual currencies in the city is the only financial sector that seems to be lagging. Late last year, Hong Kong financial regulators implemented a law that required all cryptocurrency market handlers to register with the government. At the time, the crypto regulation was not precise,…
4 years ago
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