Qesem Crypto
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🇧🇷 Brazilian soccer legend Ronaldinho says "Time for crypto to go mainstream, who’s with me?" 👀
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crypto today
🥇 #BTC: $64,259 | 24H: -0.02%
🔵 #ETH: $3,494 | 24H: -0.02%
💰 #SOL: $133.50 | 24H: -0.52%
👽 #TON: $7.67 | 24H: +6.65%
🔥#trending
#MAGA: $0.00 | 24H: +1.39%
📈top gainer
#JASMY: $0.0313623 | 24H: +7.1%
📉top loser
#WIF: $1.73 | 24H: -3.7%
#investmens
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💰 Bitcoin ETF Lists on Main Australian Stock Market for First Time
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🇹🇼 Tether has entered into a partnership with National Taipei University of Technology.
The goal of the partnership is to improve educational programs in the field of blockchain and digital assets in Taiwan.
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This is how a transaction works on the blockchain.
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Adam Beck reminds us all that bitcoin has no:
- funders,
- managing organizations,
- pre-mine,
- insiders,
- early investors,
- offices,
- a website,
- a highly paid board of directors,
- marketers,
- a starting price.
It's not controlled by any human being, and it's the most honest money on earth.
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Фото недоступне
Understanding Trading Fees
When buying or selling cryptocurrencies on an exchange, a small fee is charged to facilitate the trade. This trading fee, usually a percentage of the trade value, is an essential revenue stream for exchanges.
Let's break it down with an example. Suppose you want to buy 1 Bitcoin (BTC) on an exchange with a 0.5% trading fee. If the current price of BTC is $10,000, you'll need to pay $10,000 for the BTC plus $50 for the fee (0.5% of $10,000), totaling $10,050.
Trading fees are crucial because they:
- Enable exchanges to operate and maintain their platforms
- Cover costs such as security, customer support, and infrastructure
- Encourage responsible trading practices
- Help prevent market manipulation and abuse
By understanding trading fees, you can make informed decisions and avoid unexpected costs. Remember, trading fees are a small price to pay for the convenience and security of trading on a reputable exchange!
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What is copy trading?
It’s a trading strategy in which a user (a copy trader) copies or mimics the trades of a leading trader (lead trader).
In other words, you can go to a special platform, choose a successful lead trader based on their rating, and repeat their trades.
And many platforms allow you to automate this process.
The pros and cons of copy trading are quite obvious.
On the plus side, it’s easy to enter the world of trading, and there is no need to learn complex trading skills.
On the downside, however, no trader is successful 100% of the time, and of course, there are no guarantees of profitability.
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