The difference between spot and contract trading might seem obvious for jaded traders, but trading terminology is a lot to get a hang of when you’re new to the game. The main difference between spot and futures prices is that spot prices are for immediate buying and selling, while futures contracts delay payment and delivery to predetermined future dates.
Alternative Platforms to Binary Options in South Africa
by
SnapExOfficial
on 12/11/2020, 10:10:54 UTC
Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. This is why they're called binary options - because there is no other settlement possible. The basis behind a binary option is a straightforward yes or no proposition: Will an underlying asset be above a certain price at a certain time?
Re: Bitcoin Price Spikes Over 9% as the Crypto Asset's Value Nears $15K
by
SnapExOfficial
on 06/11/2020, 11:19:37 UTC
Bitcoin infact passed 15k and closed in on 16k last night. Super exciting news for Bitcoin actually. We might see 20k soon!
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BTC Targets for 2020
by
SnapExOfficial
on 06/11/2020, 11:01:36 UTC
Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
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3 Best Margin Trading Platforms in South Africa 2020
by
SnapExOfficial
on 04/11/2020, 15:52:53 UTC
The past few years has seen a big shift in the number of traders in South Africa tapping into international markets. As more and more markets become available to South Africans, the number of beginner and advanced traders has increased, as well as their earnings. Margin trading has also seen an international increase, with many traders moving into full time pursuits.
Top Alternatives to Binary Options in South Africa
by
SnapExOfficial
on 29/10/2020, 14:18:51 UTC
A binary option is a type of option, where the payoff is a fixed amount or nothing at all. There are two main types — a cash-or-nothing binary option and an asset-or-nothing binary option.
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Today we discuss why we think trading with leverage is a good idea
You know it's not very nice to talk about things you know nothing about to just get some more views for your steemit page and get some beginners in trading trapped into leveraged trading.
I believe it's the opposite and you should never trade "Cryptocurrencies" on leverage, leverage at the start was a way to increase the volatility of the price of different assets/currencies to make them more trade worthy and maybe more profitable like what you see right now traders in Forex do, in Forex market currencies only go up or down about 0.5-3% maximum in a day which makes sense for a trader to use a little leverage on it while in crypto market a coin/token can change 20-50% in just a single day easily and fast too and if you use leverage on crypto you can lose it all in just a blink of an eye.
The bottom line is crypto is by itself is volatile enough and you don't need leverage to make crypto trading any more risky.
We appreciate your feedback and views. Trading crypto can be risky - yes, but with the right knowledge and expertise, huge profits can be made.
The popularity of bitcoin is gaining first places not only among large companies and ordinary investors, Bitcoin also remains the most preferred coin among criminals. Prosecutors Zia Farooqi and Jesse Brooks talk about it in their podcast
As it turns out, even though there are anonymous cryptocurrencies, criminals will still need to buy bitcoins to withdraw them into fiat money. “You can buy a Tesla with Bitcoin. You can buy Subway with Bitcoin. You can’t buy them with those other coins that no one has heard of, and so as they still chain-hop to obfuscate, at the end of the day, they need to get this into fiat currency,” said Faruqui, adding that this is the “choke point where law enforcement will come in.”
And since all transactions are very easy to track, there are good opportunities for law enforcement to catch criminals with Chainalysis.
Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
It depends on what you're looking to do, trading can make you a lot of profit but it also comes with substantial risks attached to it, its your choice really. You can trade at SnapEx if you would like
Do you use VPN proxy? Specially If You are Country Where the laws not Crypto trader Friendly?
Do You hold Ur machine or wallet in better juridical locations?
Use paid VPN's.
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Why You Should Trade Crypto With Leverage
by
SnapExOfficial
on 26/10/2020, 11:35:18 UTC
Leverage trading, also known as margin trading, is when a trading platform allows you to increase your capital through borrowed funds and leverage your trade.
Big things are happening right now. I don't consider them relatively little developments even in the short-term. What you mentioned are huge milestones for Bitcoin and cryptocurrency in general, especially the entrance of Paypal in the cryptocurrency market, allowing its large number of users to buy and sell Bitcoin using their Paypal accounts. All this signifies wide acceptance.
i disagree. it is not a big milestone for bitcoin at all. a big milestone would be when retailers start accepting bitcoin directly and people start spending bitcoin day to day to buy things such as groceries. otherwise a payment processor with high fees and lots of issues such as chargeback scams letting its users buy bitcoin is not big. and in short term, it can cause some hype which is why the importance of it in short term is very small. but in long term as it allows more people to dump their fiat using different methods for bitcoin it is a good thing.
Very well said there, when do you think we will start to see these retailers start to accept bitcoin and crypto payments?
What do you think is holding them back?
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Re: Will you buy BTC from PayPal now that they are letting people do it?
by
SnapExOfficial
on 22/10/2020, 07:42:49 UTC
Who do you think will be the next big company to start accepting Bitcoin and Crypto payments?
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How to get $100 Free Cryptocurrency in South Africa
by
SnapExOfficial
on 21/10/2020, 11:55:39 UTC
Whether you’re new to crypto or are a seasoned trader, Snapex has $100 worth of free cryptocurrency for you. All South Africans are invited to cash in on this offer, and we’ll tell you just how, right here. Here is how to get $100 free cryptocurrency in South Africa. https://blocknewsafrica.com/how-to-get-100-free-cryptocurrency-in-south-africa/