The idea of Bitcoin and cryptocurrency trading has not settled with every investor even after 12 years. In general, the traditional financers have divided opinions about the idea of investing their money into the digital industry. From time to time, different financial moguls and influencers keep coming forward with their reflections on the matter.
Only recently, Jamie Dimon, the CEO of JP Morgan, told the media in an interview that Bitcoin is worthless. He also claimed that this opinion is made under personal capacity. It should be clear that JP Morgan has proceeded to offer their clients crypto exposure to cater to the increasing demand. However, a new Bitcoin maximalist Barry Sternlitch has come forward recently to defend the position of Bitcoin.
Bitcoin Offers Investors Great Financial Benefits
Starwood Capital is considered one of the largest and most sought-after financial services institutions in the United States. As of this year, the total Asset under Management (AUM) at this enterprise is valued at $95 billion. CEO Barry Starlintch was speaking with the journalists at CNBC on the matter of Bitcoin.
Starlintch told the media that Bitcoin is a great store of value under the current financial environment. He further added that most governments in the western world have decided to print more money. Such steps will contribute towards money devaluation and increase inflation. He added that he has decided to invest in the two top cryptocurrencies, i.e., Bitcoin and Ethereum.
It should be noted that the net worth of Starwood Capital CEO Barry Starlintch is estimated to be around 4.4 billion as of this month. He recently told CNBC that he got interested in Bitcoin due to the money printing policies of the government. He also called out the CEO of JP Morgan on his comments about Bitcoin and defended the flagship cryptocurrency as a viable store of value. Starlintch added that intrinsically speaking, gold is also a worthless commodity. However, Bitcoin is a good store of value that can act as a hedge of value during the money supply period. Speaking on the matter of Ethereum, he said that he has decided to invest a little into the silver cryptocurrency as well. He pointed out that Ether is a programmable blockchain, and blockchain technology is going to change everything eventually.
from CryptocyNews.com https://www.cryptocynews.com/starwood-capital-ceo-defends-the-position-of-bitcoin-as-a-store-of-value/
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As per the latest reports, LinkedIn has shared a report showing how much surge has been recorded in the number of cryptocurrencies- and blockchain-based jobs. The online employment-oriented platform has revealed that many companies from around the world are posting jobs for cryptocurrency and blockchain projects.
Devin Banerjee, the LinkedIn editor has recently shared a report providing information surrounding job postings in the particular space on Wednesday, October 27, 2021.
In the report, Banerjee has provided data collected by the Economic Graph team of LinkedIn. The firm has revealed that from August of 2020 until September 2021, the number of job postings related to blockchain and cryptocurrencies has surged tremendously.
The report reveals that since August 2020, the job listings for cryptocurrencies and blockchains have surged 615%. According to the teams, the job requirements in the particular spaces have increased ever since the crypto-boom came back in the third quarter of 2020.
Since then, a great surge has been recorded where different companies have been on the lookout for hiring people with exposure in the crypto-blockchain industry.
The team has also revealed the names of the major companies that have posted the highest number of listings for jobs in the said fields. Among firms posting the highest number of listings for such fields, is JP Morgan, a major financial institution.
The report reveals that among the majority of the firms looking for employees in the particular spaces, the financial services firms are posting more jobs than the rest.
It was back in 2015 when JPMorgan had posted jobs for crypto-blockchain employees for the first time. This time, JPMorgan has revealed that it is aiming to hire three times more employees in the same spaces than it did back in 2015.
As blockchain technology continues expanding and being adopted globally, firms such as JPMorgan have been aiming to benefit as much from the industry as possible. In the job postings within the crypto-blockchain spaces, the top roles added are for auditors, marketers, engineers, and software developers.
The report shows that in the month of July alone, JPMorgan posted over 30 job openings for candidates in the same spaces. The firm has revealed that out of the total postings being made in July, the majority of them were recorded in a single week.
The report shows that JPMorgan is not the only company that is looking for people with experience in particular spaces. Some of the major firms that have posted jobs for such candidates include Amazon, Apple, and many more international companies from around the world.
Now that the cryptocurrency industry has grown even bigger, things are about to escalate and more job postings may soon emerge from different firms.
from CryptocyNews.com https://www.cryptocynews.com/blockchain-and-cryptocurrency-job-listings-have-surged-tremendously-reveals-linkedin/
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Fundraising is not new to the Crypto market. Over the past several years some of the epic capital ventures have established million dollars Crypto business tycoons. However, this time Quick Node, a blockchain development platform successfully raised $35M in fundraising.
The company’s Series A fundraising activity helped in raising the $5.3 million mark earlier this year which was co-partnered by Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano. The company announced on Wednesday that it managed to raise around $35 million in new fundraising activity.
Some other renowned names who joined the fundraising were Tiger Global, Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam, and Anthony Pompliano. QuickNode is a USA-based blockchain company situated in Miami. The company is massively popular as it develops blockchain apps. The company’s Vice President Amol Shah reflected on the saucersful fundraising campaign by adding that the success of this event would help the company to implement its goal of digital growth via the web and to enhance its accessibility across all blockchains. The amount would also be used to improve the services and to develop more blockchain apps in the future.
As of this writing, QuickNode has already developed deep roots in the market. The company is working with diverse clients, including non-fungible tokens (NFT) and traditional financial institutes. Moreover, it is an exception to the way companies are developing blockchain platforms and bigger exchanges on the blockchain. QuickNode is competition in the sector where quality with rapid development is the biggest competitive advantage. That’s where this fundraising can play an integral part in the rapid growth of the company.
Nowadays a relatively large number of people have started to talk about how Blockchain can shape the future and some biggest names have already moved onto blockchain technology. The top leadership at QucikNode does believe that following the rapid growth there will be some bigger names looking forward to entering the market. QuickNode is planning to build a strong mechanism to seize the future blockchain market. Moreover, the popularity of blockchain technology is empowering modern-day businesses by offering a state-of-the-art solution. QuickNode is building crypto exchanges and developing the security protocols for the real word economics institutes.
The amount raised by the company would also be used to hire the talent. The company is keenly looking forward to internal and external growth in order to exploit the blockchain marketplace in order to further enhance its market presence. Apart from expanding its product offerings, QuickNode is also looking forward to expanding its customer base. The top management of QuickNode further said that the company might initiate another joint capital venture with some other big names in near future in order to generate enough money for its future plans.
Nowadays, almost everyone has their eyes on cryptocurrencies because of their high trends. However, if you are following the cryptocurrency market, then you must already know that every cryptocurrency demonstrates its own growth.
Many times, even the growth percentages can end up deceiving you, as the moment you start investing an asset, its price may end up taking a fall. This is when the trading volume can offer you a lot of help in judging how much the investors are investing in a cryptocurrency.
It is one of the major factors and checks that an investor can look into when assessing the growth and performance of a cryptocurrency. Listed below are some of the cryptocurrencies that have observed the highest trading volumes in the last 24-hours.
The list starts with the largest stable coin, mainly known as Tether (USDT). Just like real-world’s USD, USDT is considered the dollar for conversion of cryptocurrencies in the crypto-verse. As the cryptocurrency industry continues to grow larger and profitable in size, people are constantly trading in USDT. This is the reason why USDT currently has the largest trading volume in the last 24-hours in the crypto-industry, which is worth over $69.67 billion.
Coming to the real cryptocurrency, Bitcoin (BTC) is without a doubt experiencing the highest trading volume in the last 24-hours. According to stats, the trading volume recorded for Bitcoin in the last 24-hours was over $32.69 billion.
The next cryptocurrency on the list is Ethereum (ETH) which is currently demonstrating $15.24 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is SHIBA INU (SHIB) which is currently demonstrating $8.14 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Binance USD (BUSD) which is currently demonstrating $5.55 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Solana (SOL) which is currently demonstrating $4.09 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is XRP (XRP) which is currently demonstrating $3.12 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is USD Coin (USDC) which is currently demonstrating $3.00 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Dogecoin (DOGE) which is currently demonstrating $2.67 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is TRON (TRX) which is currently demonstrating $2.62 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Cardano (ADA) that is currently demonstrating $2.57 billion as the trading volume in the last 24-hours.
from CryptocyNews.com https://www.cryptocynews.com/cryptocurrencies-with-highest-trading-volumes-in-last-24-hours/
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Bitcoin experienced massive price soars in the recent days and it left the world of crypto quite surprised. One of the reasons behind the surprise was that people were not expecting bitcoin to do as good as it has been. When the year started, the prices of bitcoin were at an all time low and people thought that this would be the beginning of the end for this once profitable cryptocurrency. It would be fair to say that this was the first time ever when bitcoin performed so poorly for such a long time.
Fortunately, however, things improved drastically, as a large number of people noticed that the prices of bitcoin were slowly but surely increasing. What made matters even better is that a large number of crypto analysts thought that these prices would get even better down the line, and fortunately, that happened as well.
With crypto becoming more and more popular by the day, new as well as experienced investors have been looking for options to put their money into. In most cases, however, the names they come across seemed unreliable or relatively new. Fortunately, however, bitcoin had a long history. However, the thing that was not working in bitcoin’s favor was that its prices were going downhill on a regular basis. However, the day finally came when there was a massive surge in bitcoin prices and things eventually got back to normal.
Sure, it took a great deal of time but when the prices of bitcoin improved, a large number of crypto investors breathed a massive sigh of relief. After the price surge happened, the prices of bitcoin hit an all-time high, something that people definitely did not expect to happen. However, things like these are to be expected in the crypto world as there have been loads and loads of instances where the unthinkable ended up happening.
Recently, however, there has been a massive plunge in bitcoin prices, which has people worried all over again. They believe that bitcoin could be heading downwards very quickly and it will be the same low prices all over again. Crypto investors, in particular, are especially concerned because bitcoin was arguably the most lucrative investment option for them. It would be fair to say that while bitcoin can help investors earn massive profits, its prices do go up and down quite frequently.
However, this is not anything to be worried about as this crypto option has tendencies like these from the very beginning. At the end of the day, being patient is the only way to make it big in the crypto world to make the highest profits.
It had been several months since the requests for the exchange-traded funds had been submitted at the US Securities and Exchange Commission (SEC). Finally, the US SEC proceeded with the approval, and the first-ever cryptocurrency exchange-traded fund (ETF) was launched in the country.
Ever since the cryptocurrency sector came into being, the United States’ regulators had proven to be the strictest among global regulators. However, the country has finally realized the importance of cryptocurrencies and is ready to be on the same page as cryptocurrencies one way or another.
This is the reason why the US SEC has proceeded with the approval of the cryptocurrency ETF in the country. Now, the firms interested to launch the crypto-ETFs will be able to launch them for their clients. This way, more cryptocurrency exposure will be brought towards the mainstream investors in the United States.
The recent move made by the United States has given confidence to other major countries from around the world to do the same. Several major countries with significantly higher economies are aiming to follow the United States in its footsteps.
France is now doing the same by letting firms in the country launch exchange-traded funds for their clients. It has been reported that the regulatory authorities in France are also in the process of approving an exchange-traded fund for Bitcoin in the country.
The reports reveal that Melanion Capital from France is planning to launch its exchange-traded fund for Bitcoin for the clients. Melanion Capital is an alternative investment firm that is based in France.
Jad Comair, the CEO at Melanion Capital was the one to break the news to the entire investment community in France. Comair made the announcement surrounding their firm going for the launch of a Bitcoin ETF on coming Friday, October 29, 2021. Comair made the announcement in regards to the approval and launch of their Bitcoin ETF on Monday, October 18, 2021.
Comair has confirmed that the name of the particular Bitcoin ETF they are going to launch on Friday is “Melanion BTC Equities Universe UCITS ETF. The particular ETF will reportedly be launched through Euronext Paris, which is the primary stock exchange in France. Comair has also confirmed that the ETF will be launched on Friday, October 29, 2021, at 7 am (UTC).
Comair revealed that the ticker symbol has also been decided and once the ETF is launched, it will be traded with the symbol “BTC FP”. Through the newly launched ETF, the investors will be able to gain exposure to Bitcoin. As always, the exposure will be indirect and regulated and will be on the same page as regulators.
from CryptocyNews.com https://www.cryptocynews.com/euronext-paris-will-launch-melanion-capital-bitcoin-exchange-traded-fund/
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Now that the running week has come to an end, it is time to take a look at the performances that each major cryptocurrency has delivered. The current week was full of surprises and shockers for the entire cryptocurrency sector.
In the running week, the cryptocurrency industry has surpassed $2.5 trillion market capitalization. The industry is now home to over 13,000 cryptocurrencies and it is currently observing an overall 24-hour trading volume of over $87 billion.
In the list of top cryptocurrencies, the first cryptocurrency is undoubtedly Bitcoin (BTC), with a market capitalization that is above $1.14 trillion. As for the unit price, Bitcoin is currently hovering over $60k, which is yet another huge achievement by the cryptocurrency. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 1.00% drop and a 1.63% drop.
The second cryptocurrency is Ethereum (ETH), with a market capitalization that is above $478 billion. As for the unit price, Ethereum is currently hovering over $4k. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 4.81% increase and a 0.26% increase.
The third cryptocurrency is Binance Coin (BNB), with a market capitalization that is above $79 billion. As for the unit price, Binance Coin is currently hovering over $476. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 1.47% increase and a 0.90% drop.
The third cryptocurrency is Cardano (ADA), with a market capitalization that is above $69 billion. As for the unit price, Cardano is currently hovering over $2. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 2.03% drop and a 1.12% drop.
The fourth cryptocurrency is Solana (SOL), with a market capitalization that is above $57 billion. As for the unit price, Solana is currently hovering over $191. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 16.63% increase and a 4.18% drop.
The fifth cryptocurrency is XRP (XRP), with a market capitalization that is above $50 billion. As for the unit price, XRP is currently hovering over $1. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 4.14% drop and a 0.32% drop.
The sixth cryptocurrency is Polkadot (DOT), with a market capitalization that is above $42 billion. As for the unit price, Polkadot is currently hovering over $42. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing a 1.57% increase and a 2.92% drop.
The seventh cryptocurrency is Dogecoin (DOGE), with a market capitalization that is above $34 billion. As for the unit price, Dogecoin is currently hovering over $0.2. When it comes to performance in the last 7-days and last 24-hours, the cryptocurrency is observing an 8.95% increase and a 6.40% increase.
When it comes to stealing the critical and sensitive information of people, the hackers are going to any extent to acquire them. They are exploiting any platform in order to gain access to the personal and private information of the users.
This time, it is CoinMarketCap that has fallen victim to the hackers that have exploited the platform to steal the email addresses of the users. According to the reports, the hackers have stolen a large number of emails from users from the CoinMarketCap platform.
CoinMarketCap is one of the most prominent platforms for cryptocurrencies that provides price tracking for cryptocurrencies. The platform even provides historical data about cryptocurrencies, their types, networks, and so much more information about the platforms. According to claims, a total of 3,117,548 email addresses of the CoinMarketCap users have been stolen by the hackers.
Surprisingly, there were initial detections of the hackers stealing the information. It was revealed that the emails had been acquired when the hackers sold and traded the email addresses gathered from CoinMarketCap through online forums.
These forums are very famous among hackers and scammers as they acquire the sensitive information of users through them. Later on, the famous website is known for helping users identify if their emails have been hacked “Have I Been Pwned”, confirmed the reports.
The website’s data revealed that the information had been gathered by the hackers through the CoinMarketCap platform. Following the report from Have I have Been Pwned, CoinMarketCap made an official announcement. In the announcement, Binance’s subsidiary revealed that the list of the users’ email addresses matched the user base that it was catering to.
After confirming the rumors, CoinMarketCap has carried out its own checks and inquiries coming to the final conclusion. The firm has revealed that after doing their research, they have indeed established that their users’ emails have been acquired by hackers.
CoinMarketCap has confirmed that while the hackers were able to steal the email addresses belonging to the users, they were not able to hack any other information. CoinMarketCap teams have confirmed that their investigation teams have carried out all the tests to establish what other information was lost to the hackers.
They have come back with their findings confirming that the hackers weren’t able to steal anything apart from the email addresses. The passwords of the users are still intact, which shows that the hack was not very severe.
CoinMarketCap has confirmed that they have investigated and checked their servers to establish exactly when the exploit took place. The cybersecurity team has confirmed that the hack on CoinMarketCap’s server had taken place on October 12, 2021.
from CryptocyNews.com https://www.cryptocynews.com/email-addresses-of-3-1-million-users-reportedly-leaked-as-a-result-of-hack-on-coinmarketcap/
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Smart Trade Group claims to be a contemporary and experienced broker. It was established in April 2021; thus, it has only been around for six months. Traders can now access various financial markets, including bitcoin, Forex currency pairs, and so on. However, regardless of the asset, you will always require the services of a broker. So, before you choose another broker, read the Smart Trade Group review.
Smart Trade Group Overview
Investors have been investing in capital markets for ages, but never before has there been such a massive rise in traffic as in the previous few years. Various factors have contributed to this, including the coronavirus pandemic and the growth of the crypto market. Whatever has prompted you to begin trading, you must first locate a broker. They supply you with the trading platform, tools, and other things you’ll need. A brief search of the industry will reveal a plethora of possibilities for you to consider.
However, it would help if you exercised caution because the market is rife with fraudsters. You’ll need a dependable alternative, and a review of Smart Trade Group can inform you whether or not you can trust this broker. Lencher ExPro LLC (an offshore St. Vincent firm) founded Smart Trade Group, and despite being a newcomer to the industry, it has quickly established itself.
There are various brokers available; however, choosing the right one might be challenging; yet, only you can decide which broker is right for you. Each trader stands out from the crowd. Your goals or objectives may differ, necessitating choosing of a broker who can help you achieve them. Due to the differences in traders and brokers, not all brokerage firms will provide you with the same benefits. However, The Smart Trade Group is a flexible platform with a wide range of functions.
Smart Trade Group, a customizable and well-known broker that will never disappoint you, and this review will provide you with some necessary details in the hopes of convincing you to utilize it for all of your trading requirements. On its website, Smart Trading Group claims to deliver one of the most remarkable trading experiences in the industry, based on consistent and transparent pricing and readily available customer service. The availability of customized training resources also defines this business. This broker has garnered numerous awards, including one for rapid growth. It is sure to pique your interest, so let’s find more about Smart Trade Group below:
Smart Trade Group’s Trading Platform
A Renowned Platform
The trading platform is an essential service for a trader, and you may believe that it is the only aspect that necessitates the use of a broker. This platform is required to have access to the trading market, and a broker’s purpose is to supply users with this platform and a variety of other services. Perhaps you’re unsure what an online trading platform is. The simplest explanation is that the platform assists in acting, gaining access to the market, and learning about prices, fluctuations, and trends.
Now that you understand the significance of a trading platform, you must be cautious when selecting a brokerage because many platforms provide access to extremely slow platforms. However, the platform of Smart Trade Group is quick and sophisticated. The Smart Trade Group provides its users with the MetaTrader4 platform, a renowned platform on the market. Because of the superior technology employed for this platform, you will have a pleasant trading experience. You also get access to various tools, such as trading signals, indicators, and price alerts.
A Platform For Multiple Devices
Smart Trade Group provides a total of six platforms from which to choose. It ensures that each trader can select a platform that meets their requirements. If you wish to trade on the go, there are mobile trading applications for iOS and Android.
If you don’t want to install an app, you can use the WebTrader or the platform’s desktop version to get the whole trading experience. The top-notch Metatrader4 trading platform has encryption technology and a fluid trading environment, can meet each trader’s needs and give a seamless trading experience. It offers MT4 PCs as an alternative to its clientele. They may all supply you with a flawless trading experience, whether a beginner or an experienced trader.
Multiple Platform Languages
Smart Group Trader provides its users with the option of four languages on its website to appeal to different types of traders. On other platforms, there aren’t as many alternatives. Of course, because English is such a widely spoken language, it is the default language. The platform language can also be converted into German to accommodate German speakers. Russian is the third language, and Polish is the last language to assist users who prefer Polish to English.
Trading Requirements
The company has some conditions that the traders must meet, which are as follows:
The age range is 18 – 65 years old;
At least six months of experience in forex trading is required.
Earn a minimum of $25,000 every year;
Only Deferred money is permitted to make investments.
Multiple Account Options
Now you know that what sort of platform is Smart Trade Group, it’s time to look into its account options. Traders have different needs, and the only way to deal with traders from various backgrounds is to offer them different account options. A trader’s account is vital to his experience because it provides all of the perks and determines the trader’s nature. So, several platforms make the same mistake of offering limited account features to customers, causing their actual needs to be overlooked. A trader considers numerous factors when choosing an account, including the risk level, the leverage, required payment, and so on.
The accounts will be a good fit only if their attributes align with the trader’s needs and goals. Many brokers, on the other hand, are unconcerned about this. But Smart Trade Group has effectively recognized and met the needs of its target clientele. This broker has established accounts that they believe would benefit many traders and give them the required benefits.
For new clients, a minimal account line is offered.
Real Account
Islamic Account
An account with no risk
Every trader’s first deal is made in one lot, is protected by the broker. In practice, it appears that liquidating the initial position has no impact on the deposit. When the broker closes his lot with zero, the trader gets the amount back into his account. To create a risk-free account, you must deposit $2,000 to $10,000. Even though the outcome is quite advantageous, most newcomers start with a sum of money in the thousands of dollars.
Demonstration Account
A demonstration account is an excellent way for traders to get some practice prior to starting trading. You can use the virtual money to begin practicing trading. You will be able to comprehend the facts and details of trading as a result of this. You can also utilize this time to polish and improve your trade abilities.
Trading Instruments
The availability of a wide range of instruments is one of the most appealing aspects of Smart Trade Group. According to the company, clients will be able to connect to the world’s massive trading markets and trade the assets of their choice using their platform. The broker’s services are among the best ones in the world’s most important financial markets. Smart Trade Group traders will quickly diversify their trade portfolios to reduce risk and increase returns due to the sheer variety.
The assets index of the Smart Trade Group should be studied before starting trading because it will inform you what instruments or items you may trade with this brokerage. Your risk tolerance and budget directly relate to your asset selection and preferences, and your decision is also dependable. Additionally, not all brokers will provide you with the same products, so you’ll be aware of what you’ll be able to employ. You’ll find a wide range of products from a variety of financial markets here. You can trade currency pairs, soft and hard commodities, stocks, indexes, and cryptocurrencies on the FX market.
Affiliate Program
By acquiring clients, a forex broker might generate extra passive income. The CPA system is used to facilitate interaction. The partner is given access to a distinctive account to track the transactions of lured clients in real-time and monitor his earnings. Each program participant is assigned a personal manager.
Safe And Secure Trading
Registering with brokerage on the internet should only be undertaken for the aim of ensuring the security and privacy of your information. Because of the enormous increase in cybersecurity risks, internet trading has become exceedingly dangerous. When using any online trading platform, the stability and security of the products you are dealing with must always take precedence above all other considerations. I admire the fact that the Smart Trade Group is concerned for the privacy and security of its clients.
The security procedures used by Smart Trade Group are nothing short of exceptional since they meet a broad spectrum of client concerns. AML and KYC criteria are met, and your account is validated for your safety and the safety of others. As a result, cybercrime, misappropriation of funds, and money laundering have seen significant reductions in recent years. In addition, SSL encryption technology safeguards all sensitive information transmitted over the internet.
Smart Trade Group brokerage is an FX and CFD trading platform licensed and insured by the Financial Conduct Authority. Individual funds invested with the brokerage are held in distinct Money bank accounts entirely independent from the company’s cash. It ensures that the client’s money will not be used for any other purpose than intended.
The combination of three methods ensures that trading activities undertaken through a broker are protected from being exposed.
Thawte;
3DV2;
DiglSinger
A thorough discussion of this subject was held by the brokerage, which included the involvement of data protection specialists. They assert that the procedures described above are adequate for data protection and transaction processing speed.
According to Smart Trade Group’s client rating of the broker, security criteria for transactions made on the broker’s accounts are highly stringent. The following safeguards and limitations are in place to guarantee that the service operates securely:
One is the “KYC” policy, which must be adopted in every financial company to validate the client’s identity before they are permitted to conduct financial transactions on their account. Verification of the account is required before any account actions may be performed, such as deposit replenishment or money withdrawal. Filling out a quick form will allow you to create your account. Transactions will not be available until the user provides personally identifiable documents to the system. The customer service representative may also request information about the credit card used to conduct financial transactions.
To avoid money laundering through broker accounts obtained by illegal or criminal operations, the firm also conforms to anti-money-laundering (AML) rules, which it also follows. Following creating a personal account, it is recommended that you upload the documents required for establishing a personal identification as soon as possible, according to customer feedback from traders. The verification procedure may take up to 2 days.
Customer Support Services
Customer service is among the essential characteristics of a firm that might suggest its trustworthiness. Usually, shady brokerages do not provide any means for their customers to contact them. This broker will not be an issue because they have integrated many avenues via which their clients can contact them. You may contact their agents via their website’s Contact Us page, which includes an email address and a phone number. They are quick to respond and will solve your issue as soon as feasible.
Guide To Start Trading With Smart Trade Group
Now, as you have gone through all the outstanding features of Smart Trade Group, if you want to start trading with this fantastic broker, here is the step-by-step guide to start.
Step 1: Go Over The Registration Process
The first step is to go over the signup procedure and figure out what has to be done to complete it. You simply need to complete one application form on the Smart Trade Group website in order to register and open a trading account with them. It asks for your name, also your phone number, country, and email address, among other information. Additionally, you must agree to the company’s Terms and Conditions and prove that you are at least 18 years old to be eligible to register with them.
Step 2: Review The Accounts
After completing the registration process, you will have the option to open a demo account, which will allow you to test the platform, conditions and get some valuable experience. The second option is to open a real account, which will need you to deposit money before starting trading. Additionally, you’ll find an Islamic account explicitly established for Muslim traders to comply with their religious restrictions.
Step 3: Examine Your Available Payment Options
You’ll need to deposit money in order to start trading, so it’s imperative to take note of the many payment options accessible to you before getting started. This broker has made several enhancements to its website to make it more user-friendly. You can pay with credit and debit cards, such as Mastercard and Visa, bank transfers, to make your purchase. The procedures are straightforward, and there are no costs associated with either deposits or withdrawals.
Step 4: Examine The Platform Before You Start Trading
It’s also crucial to learn about the types of platforms available to you since this can either complicate or simplify your trading experience. To your advantage, you will be trading using the Metatrader 4 platform, which is the most advanced trading platform available today. Regardless of which version you pick, the platform provides a fantastic trading experience due to its user-friendliness and the fact that it is built on a stable infrastructure.
Step 5: Choose Your Assets Carefully
The last but not the least step is to choose the instruments that you intend to trade. Smart Trade Group offers a diverse selection of options for you to choose from in this regard. You can effortlessly diversify your investment portfolio thanks to the wide range of products offered on this site. CFDs allow you to trade currencies on the FX market, as well as commodities, indexes, and stocks on the stock exchange. Moreover, cryptocurrencies have been included, allowing you to play with this new kind of digital money and gain valuable experience.
Final Thoughts
We can go endlessly about all of the fantastic features and services Smart Trade Group offers its customers, but we believe we’ve covered all of the essentials in this review.
In a constantly evolving sector, there are very few brokers that can meet the requirements of the trading community, and this broker has done so. We firmly feel that Smart Trade Group is one of the most outstanding brokers available today. We advise you to test out all of these features and services for yourself by visiting Smart Trade Group’s website. It has a very slick and professional appearance. A broker that is both advanced and user-friendly is becoming increasingly rare these days, so we hope you will continue to trade with Smart Trade Group in the future to ensure a profitable and smooth trading experience.
Coinrule got 2.2 million USD in a funding round to boost its automated crypto trading platform under development for retail crypto traders and investors. The funds, however, are targeted at accelerating the expansion of the trading platform.
The company is looking to diversify its operation into the budding Decentralized Finance including conventional assets like equities as reported by Finance Feeds.
Adding to support from Kevin Lin, the Twitch founder, and James Park, Fitbit creator, the fintech firm got support from several reputable tech investors and entrepreneurs, with Naval Ravikant, an investor in the fund inclusive.
Gabriele Musella, the co-founder of Coinrule, spoke on the YCombinator S21 cohort that Coinrule joined recently: “This recent funding and our joining the YCombinator program has positioned us to carry out our mission of [massive] financial inclusion by providing the needed tools people needed to compete in this new trading world.”
The Coinrule Ethos
Coinrule was created by Oleg Giberstein, Zdenek Hofler, and Gabriele Musella in 2018 to assist investors in the crypto industry in the development and testing of automated trading strategies for the assets in their portfolios. With the development, everyone will now benefit from the trading models and techniques that are available only to hedge funds and investment banks.
In recent times, Coinrule has been able to enable retail customers engage algorithmic trading without them writing any line of code themselves. There are four plans on the site and one of them is free completely. The remaining three, however, are charged on a tiered basis. The plans include Pro (the most expensive), Trader, and Hobbyist plans.
Musella added to her statement; “The finance world is evolving. Close to 90% of the entire markets across the globe are run and managed by bots which are controlled by hedge funds and investment banks, leaving an average trader nothing but few tools to try. Manual trading is very laborious especially when learning it. The knowledge of a professional trader and a hobbyist is relatively different likewise the access they have to opportunities.”
It is noteworthy to mention that notable crypto exchanges like Binance, Coinbase, Bitstamp, Kraken, and other global exchanges have partnered with Coinrule already which positioned itself as the bridge between the previous world of finance and the new one by making the automated SaaS trading platform accessible to all assets’ traders across the world.
from CryptocyNews.com https://www.cryptocynews.com/coinrule-secures-2-2m-in-funds-to-boost-its-auto-cryptocurrency-trading-platform/
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via Bitcoin News Today
There is no doubt that online trading is convenient as this is something you can undertake from the luxury of your home! That said, you will have to first select an appropriate trading platform to get things started. This is crucial as you certainly want to find a reliable broker who will meet your expectations. It is best to invest in a solid trading platform like Impressive Area. This is a great platform that you may consider. I will suggest you read on for a full Impressive Area review where I have covered the leading features of this trading platform.
Security Network
With the right security measures in place, you can be sure that the personal information that you have shared on the trading platform is protected. Fortunately for you, this is not a problem when you trade with Impressive Area. They take their security very seriously and have incorporated the latest security elements on their platform. These include dual-factor authorization, encryption and much more.
Thanks to these features, you will always have access to a complete safe bubble where you can trade and do all of your transactions without ever worrying.
All things considered, the security of Impressive Area ticks all boxes and this is what makes it one of the prime features of the platform.
Algo Trading
Did you know that this particular feature has taken the online trading world by storm? Yes, that is right and the good news for you is that it is fully supported by Impressive Area. So how this works is that you leverage a computer program to place trades on your behalf so that you do not have to bother trading yourself. You just have to give the computerized program trading instructions which it will then use to make trades for you and save your time.
In addition to saving time, another advantage of the Impressive Area algo trading feature is the high speed of trading. The software is designed to trade fast so you do not have to wait long to capitalize on trading opportunities. The result for this is that revenue will start rolling in quickly in your account and you do not have to budge from your seat! How cool is that!
Device Compatibility Feature
The Impressive Area platform can be accessed by all popular devices in the market. In other words, you can choose between laptops, desktops, tablets and smartphones to log in to your Impressive Area account and trade from there. Any device you choose; you can expect a flawless trading experience on the Impressive Area platform. In case of any issues, the Impressive Area team will always be there to fix it for you and ensure that the issue does not spoil your overall trading experience on the device of your choice.
In addition, the Impressive Area user interface is also friendly to use on all devices. You can navigate it without any worries and even if you have no prior experience with using a trading interface.
Bottom Line
So if online trading is your goal, Impressive Area is undeniably one of the better places to start. You can always count on them and since they have a great reputation in the market, you can put your mind to ease when you trade with them. To start trading with Impressive Area, sign up with them, wire your funds and get started with trading assets. You can also contact their customer support team in case you have any more questions about any of their primary services or features.
As per the latest reports, Oleg Deripaska has tried making the central bank of Russia realize the importance of Bitcoin (BTC). He has asked the central bank of Russia as well as the Russian government to realize how important it is to adopt Bitcoin.
He stated that the government of Russia needs to stop ignoring the market presence reputation of the largest cryptocurrency in the entire world. Deripaska has asked this of the Russian government after the FBI in the United States raided his New York and Washington house.
Deripaska shared his concerns about the Russian central bank through a Telegram post, which he posted on Thursday, October 21, 2021. In his post, he stated that the Russian central bank as well as the government of Russia are not paying any attention to the cryptocurrency industry.
They are constantly ignoring the progress and the tremendous growth the entire cryptocurrency sector is demonstrating. The Russian government needs to choose what is best for the public of the country and let them trade in something that is profitable for them.
He stated that there is hardly any industry that has recorded the same kind of growth and success as the cryptocurrency industry. Before cryptocurrencies, the only or technology that gained so much public attention and worldwide adoption internet itself.
He stated that digital currencies have a lot of potentials and the government of Russia needs to be very positive towards cryptocurrencies. If Russia doesn’t adopt and invest in cryptocurrencies, especially, Bitcoin, then it would be missing out on something really important.
With the help of cryptocurrencies and most importantly, Bitcoin, the Russian government would be able to boost its economy. This way, the country will also be able to fight off the sanctions that the United States has imposed on Russia.
On top of that, the Russian government can use cryptocurrencies such as Bitcoin to devalue the United States dollar. With cryptocurrencies, Russia will be able to weaken the value of the USD.
He stated that the reason why the United States is trying to get rid of cryptocurrencies is that it is fully aware of the potential of cryptocurrencies. With the passage of time, uncontrollable digital payments have been on the rise.
This means that the United States’ dollar no longer has the market value and worth it used to have in the past. With the help of decentralized cryptocurrency payments, sanctions have lost their impact on the economy of countries. As a result, it is not just the USD losing its worth but it is the United States of America itself that is losing its network around the world.
from CryptocyNews.com https://www.cryptocynews.com/a-business-leading-entity-from-russia-is-pitching-bitcoin-to-central-bank/
via Bitcoin News
via Bitcoin News Today
As per the latest reports, one of the most prominent virtual property developing and non-fungible token gaming platforms “Animoca Brands” has made an exciting announcement. The firm has announced that it has successfully doubled its market capitalization.
According to Animoca Brands, it is currently inhabiting a market capitalization that is worth over $2.2 billion. The firm has managed to achieve this market capitalization after carrying out a successful funding round.
Animoca Brands has confirmed that from the funding round, it has successfully generated funds worth $65 million.
The firm has announced that it had targeted that it would achieve a market valuation of $2.2 billion once the particular funding round has been concluded. According to Animoca Brands, several major entities including the gaming industry participated in the funding round.
The major firms that participated in the funding round were Dragonfly Capital, Sequoia China, Liberty City Ventures, and the most honorable, Ubisoft Entertainment.
This goes to show that several major companies from different sectors have their confidence in the capabilities of Animoca Brands. However, not every mainstream or regulatory authority has adopted the same understanding of the brand.
It was back in March of 2020 when the Australian Securities Exchange (ASX) had completely shaken off the idea of Animoca Brands getting into cryptocurrencies. The ASX had not approved the idea of Animoca Brands’ involvement with the cryptocurrencies.
However, the recent funding round is a clear demonstration of how opposite the mainstream institutions are working compared to the ASX. Animoca Brands has now revealed that it will proceed with the launch of its new shares in the market.
The firm has revealed that it will be issuing a total of 43.8 million new shares into the market. According to Animoca Brands, each share would be priced at AU$2, which translates to $1.51 at the time of writing. The announcement in regards to the launch of the new shares was made by Animoca Brands on October 20, 2021.
According to reports, so far, Animoca Brands has successfully generated over $203.88 million from the funding rounds it has held in the year 2021 only. In the year 2021, the firm has managed to become a crypto-unicorn. This means that the firm has met and crossed the $1 billion market valuation in the crypto-sector. In the year 2021, the firm has reportedly carried out two funding rounds and has managed to hit one milestone after another.
Animoca Brands executives have revealed that the majority of the funds they have raised from the funding rounds would go towards developmental projects. They will be using the funds for the advancement of the interactive and metaverse content.
from CryptocyNews.com https://www.cryptocynews.com/animoca-just-increased-its-market-capitalization-following-a-successful-funding-round/
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via Bitcoin News Today
TIME (an iconic magazine for news) has taken another step into the NFT (non-fungible tokens) world by launching its community collection. “TIMEPieces,” the new product of the magazine, contains work from up to 40 artists who have participated in the publication for the production of the latest collection of community NFT. On 23rd September, the respective collection was set live through a “blind-drop,” which consisted of as equal as 4,676 pieces, and OpenSea (an NFT marketplace) is currently providing those pieces for sale. The beginning of each one was 0.1 ETH (approximately $300); however, they are collecting much more through secondary markets. As per the announcement, TIMEPieces owners will be permitted to link the digital wallets thereof to the official website to gain limitless access till the 100th Anniversary of TIME in 2023.
Venture into NFTs
D.W. Pine (the Creative Director of TIME) organized a group from which the artists came for this collection. Pieces include photography, paintings, animations, illustrations, and several artists have manufactured covers of the Magazine in history, as reported by the company. It further mentioned that TIMEPieces is their latest venture into the NFT world, and the target behind this is to expand loyalty and rewards for the community. Additionally, it specified, this release signifies the earliest instance of a prominent media brand’s undertaking of a Web3 method for developing community in addition to utilizing this technology which is a unique extension of the platform’s current efforts for a digital subscription.
The collection “TIMEPieces” will also be compiled into a book with a hardcover, which would be accessible for purchase in this season of holiday, according to the organization. Secondary markets had in advance been witnessing spiking gains in the value of the pieces. CONTROL ROOM, the most expensive among them, was recently priced at up to 4,269 ETH on OpenSea (nearly $13 million).
NFT world outlook
A slight drop has been seen in NFT fever as the regular sales, which were at the prestige of $267 million during the later period of August, have hit the figure of $27 million over an approximate amount of 84,000 NFTs as per “Nonfungible” (a website for market analytics). “CryptoSlam” brings out that Axie Infinity (the most prominent collection of NFTs) has witnessed selling of $106 million during the week. The second well-known collection is Art Blocks, having sold for $33 million during the period.
By now, you must already know about the non-fungible token industry within the crypto-verse and how much it has grown in the last 30-days. Although the industry has been growing since the beginning of 2021, still it is important to find out how these tokens have performed in the last 30-days.
Today, we will go ahead and talk about the performances of the top non-fungible tokens in the cryptocurrency industry.
Proton (XPR) has proven to be the most prominent non-fungible token in the last 30-days for observing 489.30% growth. In the last 7-days, 62.09% growth has been observed by XPR and 0.54% growth in the last 24-hours. The market valuation it has been inhabiting is worth $239.39 million, and $0.4491 is its unit price.
NFTb (NFTB) has proven to be the second-most prominent non-fungible token in the last 30-days for observing 255.85% growth. In the last 7-days, 14.03% growth has been observed by NFTB and 36.86% growth in the last 24-hours. The market valuation it has been inhabiting is worth $40.38 million, and $0.4491 is its unit price.
Splintershards (SPS) has proven to be the third-most prominent non-fungible token in the last 30-days for observing 223.68% growth. In the last 7-days, 13.22% drop has been observed by SPS and an 8.43% drop in the last 24-hours. The market valuation it has been inhabiting is worth $114.25 million, and $0.7523 is its unit price.
Refinable (FINE) has proven to be the fourth-most prominent non-fungible token in the last 30-days for observing 219.82% growth. In the last 7-days, 282.12% growth has been observed by FINE and 17.97% growth in the last 24-hours. The market valuation it has been inhabiting is worth $31.39 million, and $0.7646 is its unit price.
CEEK VR (CEEK) has proven to be the fifth-most prominent non-fungible token in the last 30-days for observing 158.42% growth. In the last 7-days, 171.68% growth has been observed by CEEK and a 0.40% drop in the last 24-hours. The market valuation it has been inhabiting is worth $22.61 million, and $0.03087 is its unit price.
Wall Street Games (WSG) has proven to be the sixth-most prominent non-fungible token in the last 30-days for observing 132.26% growth. In the last 7-days, 15.85% growth has been observed by WSG and a 6.02% drop in the last 24-hours. The market valuation it has been inhabiting is worth $13.47 million, and $0.0000001001 is its unit price.
SuperRare (RARE) has proven to be the seventh-most prominent non-fungible token in the last 30-days for observing 114.65% growth. In the last 7-days, 5.23% growth has been observed by RARE and a 0.25% drop in the last 24-hours. The market valuation it has been inhabiting is worth $231.64 million, and $2.28 is its unit price.
from CryptocyNews.com https://www.cryptocynews.com/top-performing-non-fungible-tokens-in-crypto-verse-in-last-30-days/
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via Bitcoin News Today
Since the cryptocurrency boom, cryptocurrency exchanges have been performing really well. The cryptocurrency exchanges that were doing well even before the crypto-boom, have skyrocketed in terms of their growth.
The most prominent factors of the cryptocurrency exchanges are their trading volumes, the number of cryptocurrencies, and other components they manage. However, it is important to discuss which cryptocurrency exchange is demonstrating the highest growth rate and what it is offering at the moment.
For several years, the Binance exchange has been the top-performing and the largest exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $19.81 billion. The visits on the Binance exchange website are over 30.7 million. The users on the exchange have access to 1473 markets, offer 393 tokens, and over 43 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 9.9/10.
Coinbase ranks as the second-largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $4.36 billion. The visits on the exchange’s website are over 3.41 million. The users on the exchange have access to 338 markets, offer 110 tokens, and over 2 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 9.1/10.
KuCoin ranks as the third-largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $2.05 billion. The visits on the exchange’s website are over 2.2 million. The users on the exchange have access to 944 markets, offer 479 tokens, and over 45 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.6/10.
FTX ranks as the fourth largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $2.31 billion. The visits on the exchange’s website are over 4.4 million. The users on the exchange have access to 526 markets, offer 266 tokens, and over 7 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.6/10.
Kraken ranks as the fifth largest crypto exchange in the entire crypto-verse. At the time of writing, the average 24-hour trading volume being recorded on the exchange is over $1.2 billion. The visits on the exchange’s website are over 2.4 million. The users on the exchange have access to 371 markets, offer 97 tokens, and over 4 fiat currencies. All these factors and more combined, bring the overall rating of the exchange to 8.5/10.
A renowned asset management and investment banking firm, that goes by the name of JMP securities has been in the crypto news recently and for good reason. One of the reasons is that JMP claimed that crypto could enter the mainstream market sooner rather than later. The firm’s experts had been taking a close look at crypto for a while and they noticed that the digital economy is quickly making its way into the mainstream market. This firm further added that the amount of early uses cases and adoption have resulted in escape velocity.
That being said, JMP also claimed that despite crypto has been around for a while, the industry is still young and still has a long way to go. The securities firm published a study that extensively discussed the matters of crypto adoption. One of the main talking points about this research was how crypto was being adopted and how quickly it has made its way into the mainstream. A large number of renowned analysts had plenty to say about this.
One of them even went as far as claiming that the crypto industry has made massive strides in a very short period. The analyst further went on to say that the industry still has a long way to go ad its cases of several adoptions have led to escape velocity. With the amount of crypto investments increasing rapidly, it would be fair to assume that there are a lot more changes about to happen in the crypto space.
Sure, it would be fair to say that this industry is still in its primitive stages and it is far from being perfect. It is a significant reason why there are plenty of scam and fraud related issues that people face. These issues often cause people to lose a great deal of money and investments. Fortunately, however, more and more countries are taking these issues seriously and working on implementing airtight regulations. While there is no denying that most of the regulations are far from perfect, the fact that they are being implemented is a sign of improvement.
After the bitcoin boom happened, the entry of digital currencies into the mainstream market almost seemed inevitable. However, people did not know how much time it would take to make its way in online shops and other things. That said, the use of crypto for a variety of transactions is quite prevalent. People prefer using their digital currencies for making transactions because of the high-level convenience on offer. It is a major reason why crypto investment has tripled recently and will only continue to increase down the line.
from CryptocyNews.com https://www.cryptocynews.com/experts-believe-cryptos-entry-into-mainstream-could-happen-soon/
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Season three of the scoop episode 64 was focused on how Switzerland is finally opening its wealthy walls for crypto investment. The episode was recorded virtually with Frank Chaparro and Matthews Imbach, who is the co-founder of Sygnum. Switzerland has recently made some moves to open up its attention and focus on the crypto market. It is currently thought that if 100,000 signatures are collected from all over the country to make crypto an addition to the country’s reserve policy, then definitely institutional investors and traders will be tempted to buy and sell cryptocurrency.
It is Bitcoin which the whole globe seems to be after, but other cryptocurrencies are equally practical and important in their own way. But the trend of the game is currently set on Bitcoin, and Switzerland is no different. Almost every bank in Switzerland has at some point thought of making a move into the crypto industry and doing deals in Bitcoin or other cryptocurrencies, for that matter. There has never been a national policy or regulatory framework of any kind within the country that describes cryptocurrencies, what they are, or should Switzerland be entangled with the crypto market in any possible way.
Many Financial Institutions In Switzerland Are Ready To Adopt Bitcoin
Many institutional investors and financial corporations within the country are now trying to work up some regulatory framework to work with Bitcoin, and they might present various reasons regarding why they want to do it, but the bottom line is that they are interested and they want to make a move nonetheless. Sygnum’s clients are interested not particularly in Bitcoin, but every other real-world asset which is traded on the blockchain, and that includes NFTs, and various other digital propositions, say the execs. If Switzerland continues with the concept of decentralization in the future, then surely the need to drum up a regulatory framework would be imminent. The very trick to working with the crypto market is to define how someone owns something on blockchain and how to transfer it; it is as simple as that. Decentralization is not glittery anymore but has become a very sensitive part of our modern finance, and it is time that global powers change, unite on this front and start to work with the crypto industry.
from CryptocyNews.com https://www.cryptocynews.com/sygnum-bank-executive-swiss-wealth-channels-are-opening-up-to-crypto-assets/
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Before starting with this Victoria-Coins review, I am hoping I will be able to help those in need. Most of you must have an idea that online trading platforms are online systems that allow businesses or the public to buy, sell, and trade shares directly from the source of stock – usually an investment bank. These were first introduced in 1995 by Automated Trading Desk; however many early versions of these types of platforms were buggy and initially received poor reviews which paved the way for the more advanced one coming in.
Most will process orders in fractions of a second after receiving them from clients which then execute those trades on behalf of their users eliminating the potential for “front running” and other forms of market manipulation that are often associated with traditional brokerage firms’ practices.
Some of these online trading platforms also offer advanced features like automated order placement based on buy/sell signals generated by complex algorithmic programming as well as sophisticated real-time charting packages. These features allow traders to make more informed decisions about when and what stocks to buy or sell and reduce the effect that market volatility has on their returns.
These platforms have contributed to a rise in trading volumes and a concomitant increase of investment opportunities for both experienced and novice traders alike, as well as allowing them easier access to many more markets than most traditional brokerages offer. They are also disrupting the brokerage industry by offering an alternative to full-service brokerages.
It would not be wrong to call these online trading platforms “financial portals” as they provide information and research about companies, industry trends, economic conditions, currencies, commodities and bonds. They allow users to review news stories from various sources; create stock watch lists; check company profiles with SWOT analysis, financial ratios and much more.
These are also known as trading terminals or marketplaces and they provide tools that help traders to analyse their trades and portfolios in real-time. They offer a variety of products like charts; order books; quote boards; news feeds and live streaming prices from exchanges around the world. These platforms allow users to place orders directly onto markets via electronic communication networks (ECNs) using an existing brokerage account held with a broker or transfer funds between accounts at different brokers (if they have several).
However, not every firm provides you with everything. These online trading platforms often lack features such as technical analysis tools and charting packages which are found on similar platforms designed for investment advisors.
The advantages of such forums are greater choice, lower costs and increased transparency. The disadvantages of online trading platforms include a lack of human contact, no telephone support, no face-to-face contact with advisors; limited research facilities and sometimes technical glitches that can cause loss of data (especially when changing systems between different brokers).
IT is right that they have substantially reduced the cost (generally referred to as “the spread” or the “bid-ask spread”) for investors such as mutual funds, pension plans and retirement accounts. Online trading platforms also contribute to an increase in financial literacy by providing students with access to real-time market information, allowing them to receive investment training from instructors at their convenience.
Not only do they offer live practice accounts, but they also provide instructional resources and video guides designed to enhance one’s understanding of how to make money in the market.
Today I am going to review my platform, Victoria-Coins. I have been using it for a while now and this review is to help the ones looking for a firm that can be their trading partner for a time.
Below are some qualities of Victoria-Coins that you should know beforehand.
Customer Support
There are other brokerages that claim to have high-quality customer service but compared to Victoria-Coins, their staff is unprofessional when it comes to answering questions. Their response time is too much for an efficient firm and most of the time you would get frustrated because they give one-line answers.
Victoria-Coins makes sure that all your enquiries will be addressed swiftly. Customer support representatives who handle live chat are available most of the time throughout the day. No matter what your question or query is, how trivial it seems; if you post on their website, they respond within a few minutes. I got my responses not only fast but also accurately. I never had problems with them making sure that I stay updated about my trade. I think all online trading platforms should try to work on similar lines.
Educating
It is not only their live chat support desk that helps users get in touch with them. They also make sure that you know your rights and responsibilities as a member of Victoria-Coins by providing an extensive amount of information with regards to trading terms and conditions, procedures and protocols, securities law compliance and fund recovery scheme. This section will always be available for any user so you can still contact them even if it’s offline hours or on holidays.
As a user of Victoria-Coins’ online trading platform, you get to learn a lot of things from them since everything is explained clearly on their website. There’s this section where all the information you need about trading terms and procedures are written out along with useful tips and guides that will help you learn fast.
Research Tools
The research tools given by Victoria-Coins are kind of limited but they have the best ones compared to other platforms out there. The charts they offer are very good for an online trading platform. It is equipped with the right tools for technical analysis so you will not experience any problems in analyzing the price trends of your stocks. This is one of the few online trading platforms that have real-time market feeds, daily and intraday company profiles together with news, calendars and a wide range of product information. All the resources you need to help make informed decisions about which companies to invest in are available here.
User Interface
The user interface is simple and straightforward. Your portfolio items can be easily searched from their homepage because it’s categorized nicely. You can also find the right information online easily because they provide an extensive list of everything. They have all the trading related information you need and these are available whenever you are logged in.
The platform is very responsive so no matter where you’re located, it will never be a problem anymore to trade because it can work efficiently on any computer system or gadget being used anywhere in the world.
Transaction privacy
The transaction privacy is also maintained because Victoria-Coins safeguards it. They will never share your personal information with any third party outside their network unless you allow it. You can check their privacy policy online so you know how they secure your personal details.
Trading Platforms
Their software does not compromise speed for functionality. This company uses a fully automated system with zero lag time unless it’s a fault of any third party involved. They’ve optimized their platform to provide quick trades, superior market insight and high-end security without requiring much training from an expert because even beginners can easily adapt to using it.
Account Opening
I would like to share in this review that the account opening process for Victoria-Coins is very quick and easy. They do not require you to provide a lot of documents or information so clients from the EU, like me, won’t run into any problems here. You need an email address and password to be able to open your own trading platform with them which will also serve as your login details in the future.
Unlike many online trading platforms, this company offers unrivalled relationship support when it comes to trade execution on the MT4/MT5 platforms because their representatives are trained well about how trades are done through these software applications.
Security and Safety
If you want to keep your funds safe when trading online, Victoria-Coins is the best platform to use. This company uses advanced security protocols and guarantees that personal information will not be disclosed without permission from the user. The money deposited into every account is also protected by their fund recovery scheme so if something bad happens, the fund is automatically transferred into a segregated client reserve account at one of their banks which can only be accessed upon agreement of both parties involved in the dispute.
They have also implemented a set of checks and balances in order to ensure that no fraud or misuse will ever happen again on any accounts with them.
Some flaws
As I have discussed above in the review, Victoria-Coins has been a great broker so far. I have enjoyed investing with them but I’m not sure if you’ll have the same experience as I did because it depends on you as a trader and your trading demands. I would like to highlight some important flaws which were not significantly damaging for me but I feel the need to mention them.
The first one is that the website does not have a blog section. Blogs are great because they can provide useful information to the public and this is something clients like me need. This is a problem common to many online trading platforms.
The second one is that they do not update their education section that often. I’ve checked their education section and they have a few which can help you learn how the software and platform work but they are not as regular when it comes to uploading this kind of document.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.
In the list of cryptocurrencies delivering the top performance in the last 30 days on the Polkadot Network, Standard Tokenization Protocol (STPT) is the first digital asset.
The data shows that Standard Tokenization Protocol (STPT) has experienced a 138.42% increase in the last 30-days. STPT has experienced a 7.75% increase and a 0.11% drop in the last 7-days and 24-hours respectively. The unit price and market capitalization for STPT are currently hovering around $0.145 and $178 million respectively.
PolkaCover (CVR) has experienced a 107.04% increase in the last 30-days. CVR has experienced a 56.39% increase and a 20.11% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for CVR are currently hovering around $0.2256 and $10.49 million respectively
Edgeware (EDG) has experienced a 91.18% increase in the last 30-days. EDG has experienced a 117.04% increase and a 77.83% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for EDG are currently hovering around $0.01913 and $111.68 million respectively.
Centrifuge (CFG) has experienced a 90.73% increase in the last 30-days. CFG has experienced a 15.92% increase and a 2.25% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for CFG are currently hovering around $2.00 and $217.27 million respectively.
Ternoa (CAPS) has experienced a 58.68% increase in the last 30-days. CAPS has experienced a 19.31% drop and a 0.94% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for CAPS are currently hovering around $0.09146 and $28.64 million respectively.
Shadows (DOWS) has experienced a 58.30% increase in the last 30-days. DOWS has experienced a 47.06% increase and a 2.07% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for DOWS are currently hovering around $0.2751 and $6.75 million respectively.
Polkastarter (POLS) has experienced a 57.28% increase in the last 30-days. POLS has experienced a 38.53% increase and a 14.19% drop in the last 7-days and 24-hours respectively. The unit price and market capitalization for POLS are currently hovering around $2.93 and $237.41 million respectively.
Origin Trail (TRAC) has experienced a 53.25% increase in the last 30-days. TRAC has experienced a 4.75% increase and a 1.47% drop in the last 7-days and 24-hours respectively. The unit price and market capitalization for TRAC are currently hovering around $0.6037 and $216.17 million respectively.
Convergence (CONV) has experienced a 41.06% increase in the last 30-days. CONV has experienced a 5.77% increase and a 1.53% increase in the last 7-days and 24-hours respectively. The unit price and market capitalization for CONV are currently hovering around $0.03973 and $40.47 million respectively.
Option Room (ROOM) has experienced a 34.99% increase in the last 30-days. ROOM has experienced a 55.07% drop and a 6.88% drop in the last 7-days and 24-hours respectively. The unit price and market capitalization for ROOM are currently hovering around $0.1598 and $1.99 million respectively.
from CryptocyNews.com https://www.cryptocynews.com/top-performing-cryptocurrencies-on-polkadot-network-in-past-30-and-fewer-days/
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Traders require a broker like Soloprime on which they can trust to trade efficiently without facing any obstacles towards their path to success. In the online trading journey, traders often face issues while making critical decisions or operating the technological platform they are working to connect in the financial markets. Today, I am introducing you to a solution in the form of a trading platform. Soloprime is a platform that enables traders to achieve their success goals. This Soloprime review will enlighten the traders on some important and valuable aspects of this trading platform.
First of all, we must acknowledge why people seem more interested in online trading.
Trading has always been profitable, and people who invested smartly in the trade have won fortunes for themselves with little effort. The concept is not new. Rather people in ancient times were more inclined towards it. The concept and idea have flourished with time, and instead of starting a de-novo product, people believe in investing in products and assets with high demand and a potential to grow. People used to invest in currencies, metals, stocks, and indices. Traditionally, trading was time and effort required. Traders had to visit financial markets to receive market updates, keep track of asset potential, and look for trusted people to trade with. Another problem was finding a reliable broker. The percentage of risk was higher. Traders could not continue this with other jobs, so most of them had to choose one track, and trading was left as an anytime later option.
Thirty years before the concept of online shopping was introduced to the world and Amazon started operating. It gave traders an idea that trading could also be shifted online. Traders with an interest in technology researched and developed trading platforms that could give traders the liberty to trade from the place of their choice. The introduction of laptops and then cellphones further empowered the traders to trade from anywhere they wanted. Today, more and more people join trading platforms each day. This is because the process of trading is way more simplified than imagined. Traders can start with little amounts and without much hassle to visit the financial markets. The process is simplified, assistance is always around, and the risk potential has been greatly reduced.
In online trading, traders need a device, such as a laptop, computer, tab, or a phone with an internet connection. They need to register into a trading platform, and this is the most crucial decision to make in the trading process. Once you get to choose the right platform, invest in the trading product, and then you are all set to start trading.
Why Do Online Traders Need a Trading Platform?
Traders can perform online trading anywhere, from their homes, offices, parks, or even while traveling. Online trading is based on a Contract of Difference (CFD) trading, a financial contract in which a trader makes a profit settling an asset’s buying and selling cost. Traders build assets against their investment in the platform. This asset is utilized in trading as they buy, sell and exchange from different financial markets. Efficient trade requires a constant link with the financial markets. The “link” brings news from the financial markets so traders can make the best profits on their assets. The trading platform forms this link for the traders. Modern problems have solutions, so the trading platforms are now packed with all the facilities and assisting tools the traders may need while trading.
Soloprime – A Trading Platform That You Can Trust
Soloprime is an industry-leading trading platform with premium facilities that serve all the requirements for trading and traders. It is an inclusive platform that has multiple options and flexibility to simplify the trading processes. It offers a wide range of trading products such as leading digital assets, the world’s leading currencies, fancy metals, stocks and indices from the world’s leading firms and corporations, and soft commodities. When procedures and processes are simple and easy, traders feel comfortable and look forward to trading more with trust and reliability on their selected platform. Along with this, traders demand to pace up with the market trends. They need a technologically innovative platform and equipped with all the necessities a trading platform can provide. Soloprime checks all the eligibility standards set by the traders and is truthfully a trading platform that marks a difference in trader’s life.
Soloprime serves worldwide without edging any country due to any reason. It is based on core values to support traders and help them achieve the maximum online trading can offer. It has roots in the world’s leading financial markets and offers diversified trading products that traders can purchase using their investment amount and trade for profits. The homepage of the Soloprime platform invites traders to experience trading from a different perspective. It is an innovative technology platform for high-end business tools. Although trading is simplified with online trading platforms, still, the traders need to make some mental efforts in observing and analyzing. Soloprime blesses traders with credible advice and incredible opportunities to multiply their assets. Using this platform and facilities available here, traders have to place their finances in the potential markets, observe and analyze to build a strategy that will lead them to success.
Experience With Soloprime
I have a very nice experience with Soloprime as a trader. I came across this trading platform when it was a “newbie” in the market. I was looking forward to changing my trading platform as my experience was that the ex-trading platform was not very smooth. I wanted a shift, but I was in no rush. I wanted to explore the available options and know them before putting my investment. I waited for three months to check if they were sustaining among the hundreds of trading platforms. I read the reviews present over the internet, and people’s comments about this platform motivated me to visit their official website. I must say the moment was a life-changer for me. And here comes a tip: if you are looking to join any platform or about to place an order from an online business, you must check out their official website. By observing the web, you get an idea of what you are searching for and what the platform has to offer.
Well, coming back to my visit to their website, I saw that their website shows that the minds behind designing and maintaining this platform are experts in the trading and technological field. I decided to give this platform a try with their basic account. I fell in love with Soloprime as I explored its features as a registered member. Not for once have I regretted my decision. Soloprime is a comprehensive trading platform that enabled me to trade conveniently. As I had little experience in trading prior to joining this platform, I had little knowledge about the required skills and was facing difficulties while trading. Soloprime assisted me in understanding the trading processes, developed and polished my skills to become an expert from a beginner.
Registering With Soloprime
To begin trading at Soloprime, you need to register at Soloprime. The registration process is simple and requires filing the form with basic information and contact details. On the website, the registration process starts when you click the sign-up call to action button. A form opens on your screen with the label of ‘open an account.’ The form requires your last name, first name, and email address. Then you are required to keep a strong password and re-write it for confirmation. The next field is about the time zone filled automatically as the trader (that’s you here) accesses the website from the country where he is currently located. You will also observe that the field for the country is auto-filled as Soloprime tracks your location for safety reasons. Next, you are required to provide your contact number and decide on a currency in which you will make an investment and receive a withdrawal. You can also enter the promo code at this stage if you have any. Promo codes are “magical” codes that surprise traders with special bonuses and discounts while trading. Rest, you need to check the three little boxes present at the bottom, right above the open account tab.
Here I am giving some ‘pro’ tips. It is advisable not to share your password with anyone and not save it when using a public device. Soloprime never demands your password in any case, so do not respond to any such call or email that demands your password. Additionally, before you sign up, go to the compliance tab and read all the mentioned policies and terms and conditions of Soloprime to know this platform before being a part of it. The FAQ section is also helpful in this regard. Here, you will find answers to all the over-the-counter questions, and you may find things that ‘click’ to make your final decision.
Five Basic Reasons to Register With Soloprime
A Registered Company
Soloprime is trustable as it is a registered company with regulated operations and services that comply with the financial institutions. With a tag of registration, traders feel at ease, and all their worries are carried away as they can trust that their investment is not getting into the wrong hands where there is a risk of losing their money. Soloprime is an exclusively tailored brokerage that gives peace of mind and integrity while working among numerous fraudulent firms.
Technologically Advanced
Soloprime is designed to kick start your trading career as it is a technologically advanced trading platform with up-to-date tools and software at your disposal. The company provides it all, and it has some of the best risk management tools, advanced analytical tools, and live updates from the financial markets that give a real-time picture of economic conditions. The calculators and calendars are also present to assist the trader in any possible way. The live news from financial markets keeps the traders updated about the happenings in the market and fluctuating graphs. The trading platform is compatible with all the operating systems, and the website is adaptable to any device you may use to access the website. This feature allows traders to trade with freedom.
Experienced Team
Soloprime is designed by experienced traders who felt a need for a wholesome trading platform to cover all the requirements of the trading field. They enlisted all the requirements and met technology experts to design Soloprime as a trading platform that bridges the gap traders have to face while trading using the rest of the platforms. The experienced team has rightfully put forward a platform that is accommodating for the customers in every possible way.
Secure Platform
In the trading world full of scammers and fraudulent firms, Soloprime is a secure platform. As mentioned above, the company is registered and regulated. There is no chance of losing your investment amount due to an investment scam. Moreover, the trading platform is secured by encryption technology and software that prevent hackers from getting access to the information stored at Soloprime.
The Help Center
Soloprime believes in providing all-rounded care and services that facilitate the traders. The customer care service is present all parts of the day to ensure no call, email, or message on website active chat remain unanswered. Traders can contact you whenever they face a problem regarding the trading process or about using the platform. The responsiveness on Soloprime has won them a valuable customer relationship that the traders who have been a part of this platform stay by them.
Some Additional Features To Consider
Education
Trading is not a piece of cake. Here success comes when a trader builds his knowledge to evaluate and analyze the market currents and utilize them to minimize the risk and maximize profit potential. The educational resources made available on Soloprime are carefully prepared by financial experts who have utilized their knowledge and skills to present solutions for all the traders using this platform. The platform has educational resources like videos, seminars, eBooks, webinars, glossaries, and FAQs. These resources have vast knowledge covering all the basic and advanced concepts, teaching graph interpretations, and developing analytical skills to trade without dependency.
Account Types
Trading platforms offer multiple account types that serve traders with options to choose an account type that provides facilities within the range of their investment amount. These account types help the trader to trade in the various financial markets while exploring multiple trading products. The accounts are designed to fulfill requirements and serve the need of every individual who is willing to grow as a trader. The account types include five types of trading accounts, namely:
SOLO Standard: A primary trading account that traders can get by depositing at least $10000. Solo Standard has all the facilities that entertain traders to be successful and grow in the trading field. The services include up to 25% margin loan, educational resources, 1:200 leverage, daily news, weekly market review, weekly progress report of your portfolio, and an account manager to manage your transactions.
SOLO Gold: You get access to the Solo gold trading account by depositing a minimum of $ 50000. It has more facilities as compared to the Solo standard account that provides up to 35% margin loan and 1:200 leverage on your investment amount. Other facilities include an education panel, account manager, trading alerts, portfolio progress report, and up to 25% discount on commission.
SOLO Diamond: Solo Diamond is an investment account available on a minimum deposit of $ 100,000. This account has all the facilities present in the Solo Gold account with an increased percentage of margin loan and a 35% discount on commission. The additional facilities include a senior account manager, account monitoring from top financial analysts, no withdrawal fees, and an end-of-year summary with certified tax specialists.
SOLO VIP: You need to invest a minimum of $25000 to get a Solo VIP trading account. The facilities here include 1: 300 leverage, 50% discount on commission, and up to 75% margin loan. Here you get personalized services such as a daily session with a top financial analyst, customized educational material, VIP advisor, and invites to VIP events from Soloprime.
SOLO Prime: Solo prime is a super luxurious trading account for the traders coming to Soloprime for trading. It stands out from other trading accounts being offered as it provides 1:400 leverage, 75% discount on commissions, up to 100% margin loan, wealth manager, no withdrawal fee, higher payouts, super tight spreads, customized education with daily one webinar with a top analyst on trading-related topics.
Conclusion
Soloprime is a well-structured trading platform designed by leading financial experts in collaboration with technological experts concerned about the progress of traders and the trading industry. This platform has a complete solution for all the trading needs and problems that arise in day-to-day trading. An insight review to Soloprime tells traders that it is one of the best trading platforms available in the online trading markets, which has the potential to nourish new traders to experts within no time. This trading platform also has great accommodation for expert traders and boosts them to grow tremendously.
