XRP
Highlights From Bitrue x XRP Healthcare “Ask Me Anything” Session | by Bitrue | May, 2023
From the Bitrue blog.
Q1. Could you provide a quick introduction about you and the team behind XRP Healthcare for the community?My name is...
May 26th Market Analysis from LBank Derivatives | by LBank Exchange | May, 2023
From the LBank blog.
BTCBitcoin (BTC) has been moving within a short-term declining channel, as confirmed by the daily charts. Its recent retest of...
What is it and how is it useful? – Huobi Blog
From the Hyobi blog.
Market capitalization — or market cap for short — is the total market value of a token’s circulating supply. You...
Top 3 Crypto Gifts to Get Your Mum This Mother’s Day | by Bitrue | May, 2023
From the Bitrue blog.
Mother’s Day is approaching! This Mother’s Day, surprise your mom with a unique and thoughtful gift that brings together the...
Five Popular Misconceptions About Crypto Futures | by LBank Exchange | May, 2023
From the LBank blog.
Crypto Futures Trading evoke mixed feelings, from unbridled enthusiasm to outright skepticism. Some consider it a speculative craze, while others...
Market cap: What is it and how is it useful?
From the Hyobi blog.
Market capitalization — or market cap for short — is the total market value of a token’s circulating supply. You...
Bitrue Bulletin | 20.3.2023–26.3.2023 | | by Bitrue | Mar, 2023
From the Bitrue blog.
| 20.3.2023–26.3.2023 |Do Kwon reportedly arrested in Montenegro — The co-founder and CEO of Terra, Do Kwon, has reportedly been...
Bitrue Bulletin | 13.3.2023 -19.3.2023 | | by Bitrue | Mar, 2023
From the Bitrue blog.
| 13.3.2023 -19.3.2023 |SVB Financial Group Files for Chapter 11 Bankruptcy — SVB Financial Group, the former parent company of...
Purchasing Crypto with Fiat – Huobi Blog
From the Hyobi blog.
One of the first questions people ask when they get started in the crypto space is “How do I buy...
Crypto Investment Strategies for Beginners – Huobi Blog
From the Hyobi blog.
Investing in cryptocurrencies can be a daunting task. With so many different tokens, exchanges, and instruments available, it can be overwhelming for a beginner to start. But when it comes to strategies, there are ways that one can leverage on the tools made available on an exchange to invest in cryptocurrencies. 1. Leverage on a savings account while waiting to buy in Most exchanges these days do provide an interest-earning Savings Account, where you can deposit a supported cryptocurrency to earn interest by just leaving your cryptocurrency inside. For example, you are looking to purchase Bitcoin and you have a target price in mind. Instead of leaving fiat money (like USD and EUR) in the bank earning low interest (bank savings interest rates in the US average about 0.03%, and in the EU it can be even lower), you can convert that fiat money into USDT (a cryptocurrency call Tether that is pegged to the USD) which can earn you more than 6.5% APY interest (rates may vary over time) on Huobi Earn. This allows you to accumulate ~1.7 USDT per day with a deposit of 10,000 USDT. This way, while waiting for your target price to hit, you will be earning an extra ~1.7 USDT every single day. It will also give you additional USDT to purchase more BTC. Once you have purchased your Bitcoin (BTC), you can also do the same by depositing BTC into Huobi Earn to accumulate interest while waiting for your selling price to hit. Though the interest for BTC might be lower, but one should keep in mind that the interest is paid in BTC which will rise and fall in value based on the market price. You can also enable the ‘Auto Transfer’ function that will automatically transfer your interest back into the savings account allowing you to compound your cryptocurrency! By adopting this strategy will enable you to earn extra tokens by generating interest while waiting for your target buy or sell prices. 2. Grid Trading Grid Trading is a bot trading feature on Huobi that allows you to set parameters on your purchases on various cryptocurrency pairs like BTC/USDT, ETH/USDT, XRP/USDT and many more. By filling in the upper limits (Maximum buy price) and the lower limits (Lowest buy price), it will tell the bot to purchase the cryptocurrency based on Grids. Each grid is a price range of the cryptocurrency. For example: Cryptocurrency A, current price = $1,000 Upper Limits: $1,500 Lower Limit: $800 Grid: 10 This means that at every grid, the price range is $70, . If Cryptocurrency A reaches $930, a buy order will be executed. Once this buy order is executed, you will own a small amount of cryptocurrency A. When the price goes up to $1,070, a sell order will be executed, and you will profit 7% based on that grid. Conversely, if the price falls the bot will continue to buy at each grid point, effectively Dollar Cost Averaging your purchases. However, no orders will be placed once it goes below the Lower Limit of $800. You can close the bot at any time to take profit or realise losses, upon closing the bot, you have 2 options. Close and sell – This will sell the cryptocurrency at the best available market price to return USDT to you Close only – This will allow you to keep the amount of cryptocurrency that you have bought through the bot in case you want to wait for a better price to realise your gains or losses at. Grid trading is advantageous for people who don’t have time to trade and for people who need a system to handle the emotional aspect of trading for them. We’ve got a really handy Grid Trading guide that will tell you more about our system. 3. Long-Term and Short-Term Trading When it comes to trading cryptocurrencies, it can be quite tricky because it is difficult to know when the dips are or when the peaks are approaching. By adopting Dollar Cost Averaging, you can purchase your choice of cryptocurrency on a recurring basis, allowing you to buy the cryptocurrency at different price points and ideally allowing you to accumulate the cryptocurrency that you have chosen during a downward trending market. However, in an upward trending market, this strategy might not be the best strategy to deploy because you will be averaging up the purchase price of your cryptocurrency Conversely, adopting a lump sum purchase strategy can increase your yield if you have bought the cryptocurrency near the lowest point. However, this strategy comes with the risk of purchasing too early during a downward trend and you might end up bag-holding your cryptocurrency until the market turns upward again. New to Huobi? Register for a Huobi account and receive up to $5,672 as a ‘Welcome Bonus’ to help you start your investment journey! If you’re an existing user, check out Huobi Earn and start earning interest on your idle cryptocurrencies. 相关
This article came directly from the Hyobi Global blog, found on https://blog.huobi.com/crypto-investment-strategies-for-beginners/
How to Buy Virtual Assets With Fiat Currencies – Huobi Blog
From the Hyobi blog.
Go to Rewards Hub to win up to 5,672 USDT rewards! >>Web click here >> APP click here >>Fiat Trade now Web 1. Quick Buy/Sell The first method to buy virtual assets is Quick Buy/Sell. Please make sure that the coins will be credited to you before confirming your order. Huobi will freeze the coins and credit them to your account once the seller confirms the transaction. You will receive the coins in your Wallet on the Assets page. We will screen every transaction automatically for security reasons to detect any suspicious trades. Note that all Huobi advertisers must complete KYC verification before they can offer buy/sell services on the platform. The verification process, which includes facial recognition, is put in place to give you a secure trading experience. Advertisers are required to deposit funds as collateral to get their identity verified, which makes trading even safer. Making P2P transactions outside Huobi may expose you to various risks. We encourage you to use only Huobi to safeguard your transactions. 相关 This article came directly from the Hyobi Global blog, found on https://blog.huobi.com/how-to-buy-virtual-assets-with-fiat-currencies/
What Is Bitcoin IRA? Advantages and Disadvantages? | by LBank Exchange | Jan, 2023
From the LBank blog.
With the exponential growth of Bitcoin and other cryptocurrencies in the financial space, it is pretty easy to apply all...
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