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Showing posts with the label cryptocurrency exchange

Robinhood Crypto And Stock Trading App Is Down For A Second Monday

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After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again. Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by Robinhood’s support team. The firm announced earlier on the day: “Trading is currently down on Robinhood and we’re investigating the issue. We’re focused on getting back up and running as soon as possible and we’ll update the status page with the latest.” Subsequently, Robinhood has partially restored trading, noting that they are working to get the platform back up and running fully. According to online reports , the platform was partly functional after just an hour of downtime. As of press time, Robinhood app is still experiencing issues with equities, options and cryptocurrency trading, according to Robinhood’s status page . According to the website, Robinhood has already identified the issue and impleme...

Cryptocurrency Trading for Beginners

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Before you select a broker and try out various exchange/ trading platforms, there are a few forthright things to get your cranium around first. Understanding and tolerant of these three things will give you the best chance of succeeding when you step into the cryptocurrency trading field. Find out what’s growing –  Bitcoin, Ethereum and Litecoin top the list for tradability and ease of use. However, there are also Zcash, Das, Ripple, Monero and several more to keep an eye on. Do your homework and find out what’s on the up and focus your attention there. Embrace volatility –  Cryptocurrencies are superbly volatile. The price of Bitcoin, for example, went from $3,000 down to $2,000 and then leapt up to nearly $5,000, all in three months in 2017. While this means risk is high, it also means the potential for profit is great too. It’s always sensible to check the volatility of the exchange you decide to go with. Understand blockchain –  You don’t need to understan...

Fiat to Crypto Trading

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If you have some money that you want to invest. The portals which connect our world to the crypto-worlds are called “exchanges.” There are a lot of exchanges out there, however, before you choose to capitalize in one, there are few things you need to look out for. Follow this crypto trading platform:   Validity:  Beforehand you even do everything, first make sure that the exchange is available in your area. Eg. CoinGeo, one of the exchanges, is not available in India and Indonesia. So beforehand you do anything please check this. Reputation:  Next thing that you need to check is the reputation of the exchange. Are people happy with their services? Has it been hacked recently? How secure is it? Have people complained about it? Twitter and Reddit are good sources for checking this. Exchange Rates:  Up next we have the exchange prices. Different exchanges have their own exchange prices, that may vary. Do your research on 3 or 4 exchanges and th...

General Trading Strategies For XcelToken!

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XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is fashioned to build, involve and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is delighted to announce that XcelToken Plus will now be available for trading on 14 Exchange Platforms . One of the best ways to method the trading world is with an open mind, just like anything new that you want to learn. Get your loofa ready and absorb the following general trading strategies listed below: Long/Short  – These are basic verbiages that are being used in the trading world. When a trader is in a “Long” trade this means that they have bought something and are eager that the price will go up to make a profit. On the other hand, when a trader is doing “Short” trades this means that the trader sells what they have in hand. Pairs Trade  – Taking the idea of long/short trading and making a profit on whether the price goes up or down. Thi...

XcelToken Plus Trading Strategy Parameters to Keep in Mind

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XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is fashioned to build, involve and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is delighted to announce that XcelToken Plus will now be available for trading on 14 Exchange Platforms . This article aims to make the new traders understand the parameters that a simple trading strategy must contain. The Ticker name of XcelToken Plus is XLAB A simple trading strategy contains the following’s parameters: ·         Risk : how much loss are you going to grip on the trade. ·         Price : the price at which the trade is going to be implemented. ·         Quantity : the sum of wealth which will be put in the trade. ·         Entry trade : based on the stratagem it will perform a buy or sell action at an alr...

XcelToken Plus to go live on 8 Exchange Platforms Tomorrow!

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XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is proud to announce that XcelToken Plus will now be available for trading on 8 Exchange Platforms from the 15th of May, 2019 , 8 PM PDT . The Ticker name of XcelToken Plus is XLAB Here’s a list of platforms that you can now use to trade our utility token- XcelToken Plus (XLAB) on: ABCC - A world-class Digital Assets Exchange, aiming to provide a frictionless, user-centric trading experience. LIVECOIN - A modern, safe trading platform for accessing cryptocurrency exchange markets with simple interface and low trading fees. P2PB2B - An advanced cryptocurrency exchange that works for the benefit of its users. MERCATOX - A modern convenient service for accessing e-currency and cryptocurrency exchange markets. HOTBIT - A professional digital asset excha...