Beginners Guide To Crypto Trading | Crypto Currency Tips

Cryptocurrency Market

Advantages of Leverage Trading in Crypto Market

Over the years, the cryptocurrency market has gained massive momentum. More and more investors whether beginner or pro want to buy crypto coins by investing their disposable income in the hope to make more profits. And they certainly do, only if they use the right trading strategy. One of the trading strategies that most crypto trading software offers and is best suited for investors is leverage trading. In this type of trading, investors can borrow funds to make spot crypto transactions. This is a great way to increase your purchasing power. For example, platforms like Binance Margin allows crypto investors to borrow funds so that they can make spot transactions for a profitable gain. However, you must know that you need to return the borrowed funds in due time. Leverage trading has several benefits which makes it the best trading strategy. Let’s find out. Trading Convenience: Leverage trading offers you trading convenience. Using this strategy allows you to enter positions of the same size without depositing extra funds. This is especially important if you time the market and want to invest in the right trading opportunity. Increase Your Profits: Most investors want to invest in crypto because they intend to make huge profits. You can surely make profits using existing funds, however, with leverage trading, you can increase your profits manifold. You can get access to bigger funds that you can invest to get bigger gains. However, this is possible only when you have successful trades which will, in turn, maximize returns. Diversify Portfolio: If you want to diversify your portfolio, you must invest in different positions without affecting your position size. This is possible with leverage trading. You get access to large funds that you can invest in multiple positions. You can invest smaller amounts in each position to earn profits and cumulatively earn higher profits. This also helps you reduce the risk of losses. This brings us to the major disadvantage of using leverage trading which is high risk. When you invest a larger sum of capital, there is a higher chance of big losses. Since your initial investment has increased, this also increases your market exposure. This, in turn, results in portfolio damage if you encounter huge losses. Bottom Line Leverage trading is certainly a great strategy to increase your profits in the crypto market. Although there is a high risk of losses, the positives outweigh the negatives making it a good strategy to implement. For more such information and insights on the crypto market, keep reading Coin Informer!

bitcoin atm

Cryptocurrency and Credit Cards: How Does Their Intersection Look Like?

Cryptocurrency and Credit Cards: First introduced in 2009, cryptocurrency, especially bitcoin, has gained recognition in the past few years. Rising Bitcoin prices and the introduction of new crypto coins have increased the chances of cryptocurrency going mainstream. What indicates that cryptocurrency will soon go mainstream? It is the current intersection with credit cards. Yes, that’s right! Credit cards and cryptocurrency are interacting with each other in the market in different ways. And this will make cryptocurrency more accessible to the common man with high chances to use crypto coins to buy things and commodities. Let’s see a brief overview of how credit cards and bitcoin intersect. Establishment of Bitcoin ATMs The establishment of bitcoin ATMs is the beginning of using a credit card to utilize bitcoin in the mainstream market. There are already more than 30,000 bitcoin ATMs around the world. However, unlike your regular ATMs, bitcoin ATMs are used to buy bitcoin. These ATMs don’t dispense cash. Also, there is a limitation to how much bitcoin cryptocurrency you can buy using these ATMs. These ATMs also charge you a fee and hence don’t offer the right prices. Use Credit Card to Buy Bitcoin You can buy bitcoin using different ways. And using a credit card to buy bitcoin is certainly the easiest and one of the best ways. However, you can’t buy all types of cryptocurrencies using a credit card and not all crypto exchanges support credit cards. And what’s more! Well, another hiccup with using a credit card is that most crypto exchanges will charge you a heavy fee when you use a credit card. This makes it more expensive. Moreover, credit cards will consider crypto equivalent to cash currency. Hence when you buy crypto using a credit card, you will incur charges just as you use it for buying things using cash. Do Credit Cards and Bitcoin Intersect For The Benefit? Until now, it might seem that credit cards and bitcoin might not go together. However, there is a possibility of a successful intersection with the introduction of credit cards that offer bitcoin rewards. The latest addition to this development is the introduction of BlockFi’s credit card that offers bitcoin rewards. Moreover, the BlockFi exclusive Visa Bitcoin Rewards Credit Card is now open to the public to use. With BlockFi’s credit card you can get 1.5% bitcoin rewards. However, with this, the user is also prone to the volatility of the cryptocurrency market. Despite that, there are high chances of more such bitcoin rewards credit cards being released for the users. Bottom Line Cryptocurrency and credit cards have a long road to go before it becomes economic for the public to use a credit card to buy cryptocurrency. One more step forward would be to use cryptocurrency to buy commodities using a credit card. How does this intersection benefits the users remains to be seen! Currently, if you want to keep reading about cryptocurrency and further developments in this market, keep reading Coin Informer!

Crypto Tourism

Crypto Tourism: A Brief Overview!

Crypto Tourism: Just before the 2020 pandemic shut down tourism, there was a type of tourism that was gaining popularity. And that is Cryptocurrency Tourism! Yes, crypto tourism is very much a real thing and as soon as all the international travel restrictions are lifted, it will see a massive boom. We already know that the crypto market is the talk of the town, thanks to major global players like Elon Musk tweeting on the same. And with the high popularity of the crypto market, crypto-currency tourism will also increase. So, what is crypto currency tourism? Who is the target audience for crypto-currency tourism? Is crypto tourism beneficial or just a waste of time? We will find the answers to all these questions in the following blog post. Keep reading. Crypto Tourism: What is it? Crypto-currency Tourism can be defined in two ways: Any tour or travel package that can be paid for using cryptocurrency is known as crypto-currency tourism. Or any tour or travel package, where the travelers are offered classes or lectures regarding cryptocurrency is also known as cryptocurrency tourism. Crypto tourism gained massive traction during 2018-2019 just before the pandemic shut down everything. One of the examples of cryptocurrency tourism comes from Coinsbank, a leading Scotland-based crypto wallet. They organized Blockchain cruises which had their most recent cruise in 2019 in Europe. The cruise lasted for 5 days sailing over the Mediterranean. 2,500 people/crypto enthusiasts attended the cruise tour. There were some tours offered by crypto companies in New Zealand where people paid using cryptocurrency. One of the famous tours in the region was exploring the Great Barrier Reef paid using cryptocurrency. Crypto Tourism: Who is The Target Audience? Mostly, the crypto tours are aimed at rich and famous crypto enthusiasts. However, several tours cater to regular people who want to explore and pay for it using digital currency. Each tour is specifically designed to ensure that the visitors get the most out of it including plenty of sightseeing. For example, the Coinsbank cruises mentioned above offered the usual sightseeing along with conferences, and exhibitions related to cryptocurrency. Major crypto figures attended the cruise tour. Crypto Tours are also used for other purposes such as the promotion of an initial coin offering (ICO). This is to increase the initial investment and build trust amongst investors. Crypto Tourism: Advantages and Disadvantages Advantages: If you are interested in learning about cryptocurrency, crypto tours will be beneficial for you. And if you want to use digital money to pay for your tours, even then crypto tours are beneficial. This also gives you a chance where you can meet other crypto enthusiasts and crypto experts. Crypto tours are a great way to enhance your crypto game. Disadvantages: One of the major disadvantages is that the crypto market is highly unregulated. Also, certain crypto tours are said to be used only for initial coin offering promotions. Also, crypto currency tourism targets a very small group of tourists and hence doesn’t have a big market share in the travel industry. Bottom Line Prior to the 2020 pandemic, crypto tours started a new trend of traveling especially for crypto enthusiasts. This trend will surely keep growing as soon as the pandemic restrictions are lifted internationally. If you are also interested in one such tour, keep a lookout. For more information on the crypto market, news, guides, keep reading Coin Informer!

Institutional Investment in Crypto Market

Best Coin To Invest In Crypto

Will Major Institutional Players Invest in Crypto Market?

Invest in Crypto Market: If there is one factor that has always pushed investors away from investing in the crypto market, it is the volatility of the market. With constant fluctuations, price changes, and tech upgrades, investors have been reluctant to invest in the crypto market. However, after the major price crash in 2018, the crypto market has seen relevant stabilization until recently. Apart from volatility and price booms, another factor that has influenced the credibility of the crypto market is the lack of institutional investment. Although currently there is some interest from institutional players, the overall sentiment is hesitant. And the major reason is, yet again, the volatility of the crypto market. This is especially true for financial companies that commit to their customers for a legit return for their investment. Hence, these companies can’t risk the investment of millions with a high possibility of losing those millions in a snap. But is there any indication for this situation to change? Does it seem that major institutional players will invest in the crypto market? The answer is YES! Yes, volatility and lack of regulation have deterred institutional players from investing. But the following changes in the overall operations have sparked interest and changed the tide. Price Trends: Currently, Bitcoin and other major cryptocurrencies have seen a major increase in their price without many fluctuations. Data suggests that these prices are to stabilize over time. This has created a calming effect on the crypto market allowing institutional players to invest. Self-Regulation: The lack of regulation of the crypto market was a major reason why institutional players stayed away from it. However, efforts being made by independent institutions and governments have started providing clarity and consistency to the institutional players for the crypto market. Improved Logistics: Another reason that made institutional players skeptical about the crypto market was the storage of cryptocurrency. Previously, this included the usage of third-party resources that didn’t guarantee the safety of assets. However, currently, several companies are working at bringing improved custody solutions for cryptocurrency, for example, Consortium Komainu. Increased Liquidity: The lack of liquidity in the crypto market was another reason institutional players hesitated to invest. However, organizations that are actively involved in stabilizing the crypto market have come up with solutions that offer higher liquidity to the asset class. This has spiked the interest of institutional players to invest. Bottom Line The Crypto market will be fully stabilized only when institutional players invest money. This will happen when major problematic issues of the market are resolved. Currently, major changes have been made in the direction to attract institutional players and there have been some positive results. To know more about this and more crypto, keep reading Coin Informer!

Cryptocurrency

Four Major Cryptocurrency Myths Busted!

Since the introduction of bitcoin in 2009, cryptocurrency has seen a massive rise in popularity and gained value. However, there are several myths related to cryptocurrency and its value. These myths stop several people from investing in this market. In this blog post, let’s look at some myths and myth-busting evidence that can help you decide better for your investment portfolio. Myth: Scam, scam, scam! Truth: Several investors think that cryptocurrency is a scam. But let us tell you that today, several businesses accept cryptocurrency as a valid payment method. You can read our previous blogs on the same. Moreover, several countries are making an effort to establish regulations for the cryptocurrency market to ensure that you aren’t robbed of your money. Yes, we know that there have been previous instances where people have been scammed to take away their cryptocurrency and money. However, most outlets or exchanges are completely legal. To ensure that you don’t fall victim to any scams, try to learn about the market and gain knowledge. This will certainly help you in the long run. Myth: No value Truth: Several people still think that cryptocurrency has no value. However, such is not the case! Currently, the value of bitcoin stands at $69,000 per bitcoin in 2021. That’s a lot of value in terms of dollars. Also, cryptocurrency’s value can’t be determined only in dollars. The blockchain technology used to develop cryptocurrency has massive real-time applications in the present and future. For example, the Ethereum blockchain has applications in the financial industry such as decentralized finance, non-fungible tokens, and more. Myth: Cryptocurrency Is Used to Fund Illegal Activities Truth: This is one of the oldest and most prevalent myths of cryptocurrency. Several people believe that cryptocurrency is used to fund illegal activities. Now, there is some truth in it, but don’t you think this can be said about fiat currencies too. Before cryptocurrency came into the picture, illegal activities were funded using fiat currencies. However, the use of cryptocurrency to fund illicit activities has come to 0.34% of all transactions in 2020 according to research conducted by Chainalysis. Moreover, governments have created regulatory bodies and organizations to keep an eye on illegal crypto transactions. For example, in the US, illicit use of cryptocurrency is investigated by the National Cryptocurrency Enforcement Team (NCET). Myth: Cryptocurrency Isn’t Secure Truth: This is one of the biggest myths that need immediate myth-busting evidence. If you also thought that cryptocurrency isn’t secure, you are in for a surprise! The blockchain technology used to develop cryptocurrency and to conduct transactions is one of the most secure networks. Each transaction is stored on a block in the blockchain that is encrypted. Any new transactions keep adding on new blocks and are being verified by automated verifiers. It is highly impossible to steal any information from the blockchain. However, the major risk of stealing lies in the software and platforms used to make these transactions. This includes digital wallets and cryptocurrency exchanges. These platforms have a risk of getting hacked. To overcome this issue, you can store your crypto keys in the cloud and transact only smaller amounts at a time. Final Takeaway These are the top four prevalent myths about cryptocurrency around the world. Do you know of any more such myths? Share them with us and we will get down to myth-busting right away. For more such insightful blogs, keep reading Coin Informer!

Bitcoin

Five Things You Can Buy Using Bitcoin

Cryptocurrency is going mainstream! Yes, that’s right! Not just major investors but a common man is also interested in buying cryptocurrency such as bitcoin. And this does fulfill the purpose for which bitcoin was developed and released in the first place: using bitcoin to buy regular things. But over the years, bitcoin has been used for criminal activities. However, there is a long list of things that you can buy using bitcoin that are completely legal. So, what can you buy with bitcoin without being involved in any criminal activity? Here’s the complete list. Ecommerce and Tech products You can use bitcoin to buy a few products from eCommerce websites and tech products. Some of the companies that accept bitcoin as a valid method of payment include Microsoft, AT&T, Newegg. For example, Microsoft accepts bitcoin as a payment method only on its online store. However, you can’t buy anything using bitcoin on its Xbox platform. Ecommerce platforms such as Rakuten and Shopify also accept bitcoin as a payment method. Another eCommerce giant Amazon is moving towards accepting bitcoin as a payment method. However, there is still a bit of reluctance when it comes to complete execution. Since 2017, eBay has slowly started accepting bitcoin as a payment method. The platform also advertises the use of cryptocurrency as a payment method. PayPal also allows customers to buy, sell and store bitcoin. Cars Yes, that’s right! You can buy cars using bitcoin. And it doesn’t have to be a high-end, luxurious car. There is a broad spectrum of dealers that accept bitcoin as a payment method. For example, some car dealers who offer luxury cars such as Lamborghini accept bitcoin. Whereas some car dealers that offer utilitarian vehicles such as Subarus also accept bitcoin as payment. Another major brand that joined the list of car companies accepting bitcoin is Tesla. However, in late 2021, the company suspended its use of bitcoin as payment due to environmental reasons. New Media Any media outlet that promotes cryptocurrency accepts bitcoin as a payment method. Mainstream media outlets that accept bitcoin include Chicago Sun-Times which started accepting bitcoin in 2014. The magazine Times Inc also accepts bitcoin, The media outlet has taken major steps to accept bitcoin as a payment method. In 2019, they collaborated with Crypto.com to make bitcoin payments easier. Luxury Watches If you are into luxury watches and bitcoin, you can buy your favorite luxury watch using bitcoin. For example, you can buy luxury watches of brands Patek Philippe, Rolex from online luxury watch brand BitDials. Frank Muller, a leading luxury watchmaker developed a luxury watch with gold and diamonds along with a scannable QR code for the bitcoin genesis block. Insurance Although cryptocurrency opens major avenues for the insurance industry, the insurance companies have been skeptical of its use long term. However, the trend is changing with a few leading insurance companies accepting bitcoin as a method of payment. For example, AXA, a leading Swiss insurance company, now accepts bitcoin as a payment method for all its insurance policies except life insurance due to regulatory reasons. Similarly, Metromile also accepts premium payments using bitcoin. Final Takeaway Cryptocurrency, especially bitcoin, is going mainstream with various big and small companies accepting it as a valid mode of payment. This totally serves the purpose of bitcoin’s release several years ago. So, if you have bitcoin earnings and want to buy something from the above categories, you can do so easily. For more insights, blogs, articles, reviews, keep reading Coin Informer!

Bitcoin

Four Factors to Consider Before Shorting Bitcoin

Bitcoin has gained the massive spotlight in the past few years. In fact, 2021 was a breakthrough year for the bitcoin and cryptocurrency market overall. However, several investors predict that bitcoin will crash in the next few years. If you are one of those investors, you might want to short bitcoin as soon as possible. However, before you short bitcoin, you must consider the following factors. Volatile Price You might already know that bitcoin has a volatile price. However, when you short bitcoin, volatile prices will affect the results. Bitcoin shorting largely depends on derivatives. And these derivatives change based on bitcoin’s price. Any fluctuations in bitcoin’s price will affect these derivatives, thus causing a domino effect on investor profits and losses. For example, volatile prices of bitcoin increase the losses if you are using bitcoin options trading as a method of shorting the coin. Risky Asset Bitcoin is considered an asset by several investors. However, this is another factor that you need to consider if you short bitcoin. You might ask why is such the case? The answer is simple. Bitcoin is still an emerging currency. Introduced in 2009, it has been only 13 years and investors don’t have enough data to rely on and consider it as a solid asset for investment. This also reduces the ability of investors to make an informed decision. Moreover, several cryptocurrency platforms are complicated and prone to hacks. Bitcoin Regulation Cryptocurrency and in particular bitcoin have global recognition. However, the global regulation policy of bitcoin is still unclear. Each country has a different set of rules, and some countries are still debating the regulation of cryptocurrency and more. For example, there are several cryptocurrency platforms and exchanges that are not available in the US. This lack of regulation has resulted in crypto exchanges providing offerings that might have been considered illegal under proper oversight. Hence, when you short bitcoin, make sure to consider the regulation in the country of residence. Learn About Order Types Make sure to learn about order types before you short bitcoin. This is important to reduce your losses. What if the trajectory of bitcoin price doesn’t turn in your favor? What if it is different from your initial betting? In such a case, you will suffer huge losses. Hence, to avoid this, you need to learn about order types. For example, to reduce your losses, you can use stop-limit orders. Final Takeaway Bitcoin shorting is a way to make sure that you avoid losses if the prices crash. However, you need to be smart and consider a few factors to successfully short bitcoin. Find out more about cryptocurrency news, guides, methods, strategies, reviews, and more on Coin Informer!

Cryptocurrency

Cryptocurrency and Taxation Law: Legal Implications You Should Know

Cryptocurrency and Taxation Law: The cryptocurrency market has exploded in popularity in the past few years. Beginner and pro traders are taking a keen interest in the market. However, there are some legal risks that crypto investors must know before investing in the crypto market. One of the legal risks that investors must know about is tax regulations. Cryptocurrency and taxes are intertwined but not in the best way. Here’s what crypto investors must know about cryptocurrency and tax regulations. Cryptocurrency and Capital Gains Cryptocurrency is considered as a property instead of a currency in the US. Hence, the IRS implements a Capital Gains tax on individual investors. Under this tax law, it doesn’t matter where you got your digital coins from. If you have cryptocurrency that is making you profits, must be mentioned on your annual tax return applications. Even if you haven’t bought cryptocurrency but received it as a part of your salary, you need to pay taxes on the same. Foreign Bank Account Regulations (FABR) and Cryptocurrency Financial Crimes Enforcement Network (FinCEN), one of the leading agencies in the US formulates Form 114. In this form, individuals must detail any overseas account they might have. However, cryptocurrency is not included in Form 114. Although most cryptocurrency is traded in foreign digital wallets, investors don’t need to disclose these foreign accounts. But this can change anytime as FinCEN is proposing to include cryptocurrency holdings in Form 114. IRS and Cryptocurrency Similar to Form 114 (FABR) by FinCEN, the IRS has form 8938 also known as FATCA. This form also requires individuals to disclose any foreign accounts they might have. Although FABR clearly states that cryptocurrency holdings are not a part of the form disclosure, there is no such clarity with IRS form 8938. There is much debate on whether you should disclose your cryptocurrency holdings or whether you should fill only FABR or FATCA or both. You will find several blogs questioning the overall unclarity of the status of cryptocurrency holdings for taxation. However, a few experienced tax professionals say that it is better to fill out both FATCA and FABR forms if you have foreign accounts. This is to avoid any major penalties you might incur. Final Takeaway The dynamic of cryptocurrency and taxation regulations is still confusing for several investors. Tax authorities are looking to include crypto holdings for income disclosure. How this proceeds in the future remains to be seen! Currently, if you want to keep reading about more legal risks regarding cryptocurrency, guides, insights, reviews, follow Coin Informer!

Cryptocurrency

Three Expert Predictions for Cryptocurrency Future in 2022

Three Expert Predictions for Cryptocurrency: Although cryptocurrency has been around for a few years, 2021 was the year that saw a big boost in the market. It is almost as if the year was a breakthrough for this market. With all-time high prices for Bitcoin and Ethereum, the cryptocurrency market seems to gain quick momentum in the coming year too. With major personalities showing interest in the cryptocurrency market to a common man, all want a piece of it. But what does 2022 hold for the cryptocurrency market? What should investors look forward to? Let’s read a few future predictions made by experts for the cryptocurrency market. Regulation of Cryptocurrency Although cryptocurrency has the attention of all types of investors around the world, there is a major struggle to regulate the market. And the talks to create a global regulatory format for the market will continue in 2022. Several countries have already created self-regulatory committees to keep an eye on the market and its developments. Whereas some are still finding their way. If you want to read more on the self-regulation policy for cryptocurrency, make sure to check out our previous blog on the same. Recently China has made cryptocurrency illegal thus prohibiting any transaction in the market. However, the US government shows massive interest in legalizing the market, its fundamentals, and transactions. However, there is still a long road to go. Regulation of cryptocurrency will still be a hot topic in 2022! Approval for Crypto ETF Ah, ETFs! They have a been the big term last year and will continue to be a topic of interest in 2022. The very first crypto ETF to get approval was BITO ETF. This made ETFs accessible in your regular trading market for investors to invest in. However, BITO ETF might not be what a lot of crypto investors wanted. This ETF doesn’t hold bitcoin directly, instead, it holds bitcoin futures contracts. Hence, in 2022, investors will have to wait for ETFs that hold crypto directly. The only benefit of Crypto ETFs is that investors can access it through their regular investment brokerage firms, and they don’t need to tackle complex crypto exchanges. Increased Adoption of Cryptocurrency Although major companies were skeptical to adopt cryptocurrency, the trends have changed massively in 2021. In the year 2022, we can see major companies adopting cryptocurrency for transactions or investments. For example, AMC has said that it will expect cryptocurrency payments by the end of 2022. Giant companies like Amazon have also shown interest and are planning to adopt cryptocurrency as a form of payment for goods and services. This will certainly impact the status of cryptocurrency as an official mode of payment for goods and services. Final Takeaway The year 2021 was the beginning when more people accepted the cryptocurrency market and invested in it. And 2022 will be no different either! There will be more investment and wider acceptance of cryptocurrency around the world. If you still haven’t invested or bought cryptocurrencies, now is your time to do so! And to get more insights on the same, keep reading our blogs at Coin Informer.

Ethereum Code: Is It Worth It?

Ethereum Code: What Is It? Most crypto traders are looking for an automated trading tool that is comprehensive, easy to use, and authentic. Ethereum Code offers just that! This automated trading tool has been developed to keep the trading needs of beginner and advanced traders alike. The software has an absolutely easy-to-use interface and hence you don’t need prior knowledge of using a crypto trading tool. Apart from easy-to-use design and controls, Ethereum Code also offers automated trading features, trading limits, and stop losses. These features help traders stay profitable. Ethereum Code: Technical Features Let’s dive right into the technical features of the Ethereum Code. As mentioned above, it is an automated trading tool which means you don’t have to worry about the complicated stuff. All you need to worry about is your investment capital and withdrawing your profits. This is an AI trading tool with a profit close rate of 85% (Not bad!). You don’t need to pay any registration fees. The registration and verification are completely free. And it takes no more than 10 minutes to create an account. Ethereum Code uses CySEC certified brokers who will assist you in trading efficiently in the market. This is a great asset for beginner traders as they might need expert assistance for trading. To begin your trading account, you need to provide a minimum deposit of €250. The withdrawal time is 24 hours. Ethereum Code is highly secure and uses AES 256-bit encryption. This ensures that your personal data and trading data are safe. Ethereum Code: Account Features Easy and Quick Execution of Trade Ethereum Code has been designed to ensure the quick execution of a trade. With its sophisticated algorithm, the automated trading tool takes no more than 1 millisecond to execute a trade in the market. User-Friendly As mentioned above, Ethereum Code is very user-friendly. Once you access your account with your login information, you can easily navigate on the platform using its quick navigation panel. If you experience any issues, your broker and customer support are always at your disposal. Minimal Commission Fee Unlike any other automated trading tool, Ethereum Code charges a minimal commission fee of 0.01%. Don’t mistake this for trading fees. Commission fees are crucial to pay the brokers so that the trading accounts keep running smoothly. No License Fees Yes, you read that right! You don’t need to pay any licensing fees to use Ethereum Code. All you need to pay is the minimum deposit fee of €250. This fee is crucial to use all the features offered by Ethereum Code. Access Anywhere Anytime With Ethereum Code, you have access to your trading account anywhere anytime. All you need is an active Internet connection and your login credentials. You can log in to your account anytime anywhere. Trading Leverage So, maybe you don’t have enough funds for spot purchases. You might think this will restrict you from trading. However, such is not the case at Ethereum Code. The automated trading tool provides trading leverage of 5000:1. As a trader, all you need to do is understand the risks involved in leveraged trading. Numerous Payment Methods Just like most automated trading tools, Ethereum Code also offers numerous payment methods. You can use direct bank transfers, credit and debit cards to make payments. Trade Regular and Exotic Crypto With Ethereum Code, you can trade regular and exotic cryptocurrencies.This is a great way to build your investment portfolio and diversify successfully. 24-Hour Customer Support Ethereum Code offers 24-hour customer support. So, if you run into problems while trading, you always have customer support at your disposal. They will be glad to be of help. Our Trading Tips Listen to Your Brokers Whether you are a beginner or advanced trader, your broker is your best guide. So, make sure to listen to your broker. Ethereum Code providesCySEC certified brokers who have experience and knowledge to assist you in making the right trading choice. Start with the Minimum Deposit Only Don’t invest a large sum of money when you begin trading in the crypto market using Ethereum Code. Start with the minimum deposit of €250 as your investment capital. Once you get an understanding of the crypto market and trading principles, you can increase your investment amount. Check Your Account Yes, we know that Ethereum Code is an automated tool, and you don’t need to worry about your trading account. However, we suggest you check your account once every day. Just devote 20 minutes of your day to understanding how your account is performing. Is Ethereum Code making profits for you? Can you invest more? Withdraw Your Profits Make sure to withdraw your profits once a week. Deposit the profits in a separate digital wallet. This is crucial to differentiate between your capital and profit. You can then decide whether you want to reinvest your profits. Make a Responsible Investment Most people think that investing their savings money into trading is a wise decision. However, such is not the case. You should never invest your saving money, instead, you should invest that part of your income that you don’t rely on directly. This way even if you lose the money, it won’t affect your day-to-day life. Get Your Account Statement Make sure to download your account statements. When you start investing using Ethereum Code, you will earn profits and you will be liable to pay taxes on this earning. Hence, you need to have a complete overview of your account. Thus, download your statements. Ethereum Code: How to Register? Account Registration Ethereum Code has kept the process of account registration fairly simple. All you need to do is fill the simple form with details such as your name, address, email id, contact information, and more. As soon as you submit the form, the verification process will begin. Your broker will contact you in under 20 minutes. Deposit Minimum Amount Once your account is ready, you need to deposit the minimum amount. For Ethereum Code, the minimum deposit

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Category: Guide

Advantages of Leverage Trading in Crypto Market

Cryptocurrency and Credit Cards: How Does Their Intersection Look Like?

Crypto Tourism: A Brief Overview!

Will Major Institutional Players Invest in Crypto Market?

Four Major Cryptocurrency Myths Busted!

Five Things You Can Buy Using Bitcoin

Four Factors to Consider Before Shorting Bitcoin

Cryptocurrency and Taxation Law: Legal Implications You Should Know

Three Expert Predictions for Cryptocurrency Future in 2022

Ethereum Code: Is It Worth It?

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