the cryptobaba21
Stories (15/0)
Cryptocurrency Futures Trading
Cryptocurrency futures trading is a financial practice that allows investors and traders to speculate on the future price movements of cryptocurrencies. It involves entering into agreements, known as futures contracts, to buy or sell digital assets at predetermined prices on specified dates in the future. Unlike spot trading, where assets are exchanged immediately at the current market price, futures trading enables participants to take positions on the price direction of cryptocurrencies without actually owning the underlying assets.
By the cryptobaba2111 months ago in Education
What is web 3.0?
The amount of data and information keeps growing every day, enhancing the value of everything digital. In 2021, we witnessed the growth of cryptocurrencies like never before. As we enter 2022, we will be required to understand a series of related elements that gain visibility in late 2021, such as Metaverse, NFTs, Defi and also Web 3.0.
By the cryptobaba212 years ago in 01
Why should you trade on Coinsbit India?
Digital trading platforms have begun to evolve, providing similar services as a stockbroker. The online exchanges serve the user with all the tools and information to buy and sell cryptocurrencies. However, choosing the right platform can be pretty confusing as every user needs an easy and reliable network with low fees. The current exchanges available in India have gaps and vulnerabilities that we strive to fulfil through our Coinsbit India platform.
By the cryptobaba212 years ago in Trader
Cryptocurrency Market Booming in India
India is in a unique position to drive development and innovation in the cryptocurrency industry. Policymakers can take into account numerous use cases and examples despite past reports of a possible ban on cryptocurrencies in the nation. This will help them to better comprehend the genuine potential for using cryptocurrency and its implications on the economy. In the last few years, India's cryptocurrency market has seen a transformation. Despite regulatory uncertainties and high volatility, Indian investors prefer to invest in cryptocurrency over gold.
By the cryptobaba213 years ago in 01
Proof of Work Vs Proof of Stake
Best Cryptocurrency Exchange in India We all know how to Buy Bitcoin and Ethereum in India, but not many fully understand the core differences between the two that would arise once Ethereum transitions to 2.0. The network will transition from its current consensus mechanism to a completely different one. ‘Consensus mechanisms’ are basically the methodology that a blockchain network uses to make decisions. So it is crucial to have a better understanding of these core aspects.
By the cryptobaba213 years ago in Trader
Is it possible to ban cryptocurrency in India?
“Cryptocurrencies are literally just a piece of open-source software. There’s nothing else. It exists on the internet, it’s open-source software, anyone can implement it, it runs wherever the internet runs, and they have a monetary policy where these assets are algorithmically generated.” Jeremy Allaire, CEO of Circle.
By the cryptobaba213 years ago in Trader
How Bitcoin Can Help Businesses Embrace Digital Transformation
As one of the most successful entrepreneurs in the world said: “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient”. These words were said by Bill Gates, co-founder of Microsoft, investor and philanthropist, and an advocate of Bitcoin, crypto, and the main reference on digital transformation.
By the cryptobaba213 years ago in Trader
Holding crypto assets in India?
Find out how USA and UK are taxing Crypto Gains and find out how the Indian Government is planning to tax Crypto Gains. The circular issued by the Reserve Bank of India on 6th April 2018, which restricted banking facilities from being offered to participants involved in cryptocurrency transactions, has been the first step in regulatory challenges posed to cryptocurrencies in India. This decision has, however, been squashed recently, when the Reserve Bank of India clarified that “its 2018 order directing lenders to stop dealing in virtual currencies was quashed by the Supreme Court in March last year and can’t be cited by banks to deny services to people dealing in cryptocurrencies”.
By the cryptobaba213 years ago in Trader
Airdrop Season is Here
Here’s how you can claim CIN Airdrop — step by step guide! Dear Coinsbit India Users, We are excited to announce that our team has been working day & night on improving our KYC process. We are pleased to inform you that more users will now be able to get their Coinsbit India accounts verified and start trading their favorite cryptocurrencies safely on your favorite platform.
By the cryptobaba213 years ago in Trader
An Effective Crypto Trading Strategy To Avoid FOMO
Since its inception in 2009, the Bitcoin and cryptocurrency markets have seen many cycles of growth and decline. And with so much to gain -and to lose-, investors may feel what is called “the fear of missing out” or FOMO. Likewise, there have been some down cycles in all cryptos, and as much as it may be more difficult to profit during the bear market, it is not impossible. Here, we discuss five strategies that you might want to employ during a market dip.
By the cryptobaba213 years ago in Trader