[johnhollins6Participant December 5, 2023 at 10:44 PM Post count: 0]

#110229 |

<br> It’s likely that as long as Bitcoin and other cryptocurrencies require immense amounts of processing power to operate, the green credentials of cryptocurrencies will continue to be an issue. It’s also handy for identifying points of trend reversal. Kiarash added that he views crypto as a long-term investment, greggcook.com adding that he had an investment horizon of at least ten years for the money he’s invested in it. The expectation of a return is core to the concept of investment (this is also known as ROI). With Binance P2P you have zero fees, no matter which crypto you’re buying and no matter which coin you’re paying with. P2P trading doesn’t charge a fee. What people do like is the 0.1% trading fees, a fee much lower as compared to many of its counterparts in the United States. The doubts surrounding its HQ don’t help much with the reputation either. Obviously, to become a more experienced trader, you would need to study the market as much as possible, but if your time is limited, you can share your trading parameters and limitations – namely, your risk level, the amount you wish to invest in a trade, and which cryptocurrencies you want to trade in – with your account manager, and he / she can notify you whenever a possible trade comes up. You can trade around the clock every day of the year. As such, if you like the sound of day trading Bitcoin, you will need to understand how to read charts and perform in-depth analysis. Outside of those periods, day traders are not expected to keep any of their positions open. Custodial crypto exchanges and wallets: Many crypto exchanges and/or wallets are custodial, which means the exchange controls all of the users’ private keys to their crypto wallets. Not only is Binance the biggest crypto exchange in the world, but they offer a plethora of features and opportunities other exchanges don’t (the ability to short crypto, earn with crypto, buy stocks with crypto, get crypto loans, become a liquidity provider and so on). Binance is a great place to trade or invest because it has a lot of features to offer. Other platforms offer you P2P services with either high fees or have a ton of complicated steps to transfer those cryptos to your wallet.<br>>
Even though the P2P market offers only the six most well-known cryptos, it is still a great place to start in this world. For Indonesian users like me, I can buy Bitcoin or Altcoins using credit cards and P2P trading. For users of Binance, what was your experience using it to buy and sell cryptocurrency? You can also get a discount on transaction fees by using Binance’s cryptocurrency BNB. It’s fantastic that we, as users, can purchase company equities through Binance. What do other people say about Binance? I find it extremely easy to use for beginner people who are not familiar with the hundreds of terms and complicated concepts of the cryptoworld. For use as a banking ledger, it makes sense because obviously you don’t want people editing their bank account balance. As far as account security, Binance of course supports 2FA, which is always recommended. The advantage of Binance Smart Chain is its transaction fees tend to be far lower. While you don’t need it to trade on Binance, if you use it, your fees will be lower. But their bond is quickly apparent-a passion for gig ideas that need lots of tinkering to succeed<br>p>
You don’t need another application to buy a stock, so it’s kind of like hitting two birds with one stone. By using a system of exchanges, wallets, and bitcoin addresses, anyone in the world is now able to exchange value back and forth across the internet without the need to put any kind of trust in an intermediary like a bank, credit card company, or payment processor. However, 2% fee is incurred if you buy cryptocurrency using a credit card. There is no fee charged for cryptocurrency or fund deposits. However, the exchange rate from fiat money to stable coins or utility coins is usually higher than buying cryptocurrency with credit cards. For example, users of assets other than Blockchain can still trade their Digital currency coins. They offer a turnkey solution to the PoS ( Proof of Stake ) system for a variety of crypto assets, allowing users to generate passive income simply by putting their coins in the on-platform wallet. There is very nothing about the Binance platform that I don’t like; one of the only drawbacks to the exchange for me was that for a brief period of time, they had barred US consumers from using their services; this prohibition has now been overturned, and US users are once again w<br>me.