Tuesday, December 1, 2020
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Anyone who has part of their savings or investment portfolio in cryptocurrency needs to understand about the workings of Binance, the international crypto exchange. Binance is a huge platform. In fact, it's the biggest in the world as of 2018 when measured by aggregate trading volume. Currently, people who use Binance can do business in more than 100 different...
There are a lot of different ways to purchase bitcoin these days. It might be confusing for some people in the very beginning, but thanks for and coin base are two different ways to start the investment process. While Paxful is a peer-to-peer option for people to turn to, Coinbase is more of a broker that helps with each...
A cryptocurrency exchange is an online platform where you could exchange cryptocurrencies or buy cryptocurrencies using fiat currency. The exchange could either be called a currency exchange or a platform where transactions get carried out like on a stock exchange. It's important you do not get confused between cryptocurrency exchanges and cryptocurrency wallets. Cryptocurrency exchanges charge a certain fee...
Having been in operation since 2014, Bittrex is based in Seattle, USA and is among the largest cryptocurrency exchanges. Currently, the platform lists hundreds of coins and users can take advantage of hundreds of cryptocurrency trading pairings. However, you might be more interested in the answer to the question does Bittrex report to IRS? The short answer is yes. According...
Bitfinex is a Hong-Kong based online coinage exchange company that was started in 2012 by Raphael Nicolle. Since its inception, Bitfinex has grown to become one of the biggest and popular cryptocurrency trading platforms. Bitfinex is one of the world's leading Bitcoin exchange platform by volume. It boasts of a market share of 39.12% of the total cryptocurrency exchange today,...
Bittrex is one of the largest crypto to crypto exchanges in the market today. Some of the major cryptocurrencies traded on the platform include darkcoin, litecoin, and nextcoin just to mention a few. The platform features excellent security that involves a two-factor authentification process. Bittrex is a US-based crypto exchange platform with a fixed trading fee of 0.25%. Traders...
Coinbase is essentially a secure online platform that is designed to buy, sell, transfer and store digital currency. The mission of the organization is to build a global open financial system and to become the foremost global brand to assist individuals in converting digital currency to and from their local currency. Its combination of security, simplicity and ease of...
Based in San Franciso, United States, Poloniex is a popular crypto-to-crypto exchange known for offering advanced trading features and strong security. It is a fantastic exchange for beginners because it has a simple user interface which allows for easy and seamless trading. Perhaps one notable thing about Poloniex is that with it, you cannot trade crypto against fiat currencies....
If you know a thing or two about cryptocurrency, you have probably come across Coinbase. It is one of the popular digital currency exchanges that was launched in 2012 in San Francisco, United States. Currently, Coinbase operates in 32 countries and has managed to serve over 12 million people to make total exchanges of more than $40 billion. The...
Bittrex is a cryptocurrency exchange headquartered in Seattle, Washington. Cryptocurrency exchanges allow consumers to exchange one type of asset for another type using a blockchain. These currencies are transferred using localized and cryptographic protocols. Using these types of protocols protects against fraud, which is prevalent with more traditional ways of transferring currencies. There are many popular cryptocurrency exchanges, and...