Bitcoin surged past the USD 20,000 barrier and was potentially heading for its best day in six months on Friday as the US dollar fell broadly and markets found reasons to be cheerful at the end of a dour week.
Market participants said there was no particular trigger for the gains beyond a broad upbeat mood in evidence across asset classes on Friday, led by a drop in the safe-haven dollar and reinforced by positive moves in global shares.
Converting a cryptoasset back to cash depends on demand and supply existing in the market. There is no guarantee that cryptoassets can be converted back into cash. Marketing materials : Firms may overstate the returns of products or understate the risks involved. Price volatility : Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses. Consumer protection : Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements. Charges and fees : Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products. Product complexity : The complexity of some products and services relating to cryptoassets can make it hard for consumers to understand the risks.
Market Starter Bridge * what is market starter? Stop Limit Orders Bug fixes and usability improvements in the single market view. The trending markets list converted to scrollable to support more markets Added support to be deployed on autoscaling serverless AWS Lambda for Enterprise clients to overcome the server capacity issues at extreme loads Add Order - Cancel Order functionality re-written to reduce api response time Laravel telescope integrated for detailed app monitoring Security improvements Laravel version updated to 8.78. Real-time TradingView chart data. Market status, min trade sizes, crypto quote and base currency tick step size, bitcoin decimal point size, transaction module Previously unstable socket.io - laravel-echo socket system is replaced with native laravel websockets Market list table designs updated to a tabbed view, btc where each tab is a quote currency. TRON Network Integrated Credit Card payment gateway with Anti-Chargeback module. Lowest chart interval 1h improved to 1 second Market maintenance module Detailed Transactions module, filterable for each currency or transaction type, including deposit, withdraw, referral earning, trade Support to define different decimal points for each market for any coin Additional API endpoints added.
The difference between these products is clear, CoinSpot is tailored for beginners and Binance is a better platform for advanced traders. We generally recommend CoinSpot as the better destination for most Australian investors because it has low fees and is safe from a regulatory perspective.BNB
Network Integrated BEP-20 Tokens can be added from admin panel TRC-20 Tokens can be added from admin panel Cold Storage System support added Stake System with options weekly, monthly and yearly investments Ico System Added PayPal Payment Gateway Integrated Twilio SMS Gateway Support Added Admin Dev Commands Panel Added Mobile View Responsiveness updates Security improvements.
Pros Cons Trusted and regulated Australian Exchange No margin (leverage) trading on CoinSpot Low fees starting from 0.1% No crypto lending on CoinSpot Instant AUD Deposits from any bank account No perpetual futures trading contracts on CoinSpot Over 250 different cryptocurrencies Easy SMSF onboarding Instant ID verification for Australians.
The position was -200% ROE at one point but I held it and it paid off huge!! Great signal and crazy profits like always. Feel free to share in feedback channel. Reliability of signals give good confidence.
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CoinSpot is known in Australia to be the easiest and fastest way to invest in over 300 different digital assets. Their user experience is optimised for everyday retail investors, providing point-and-click access to the top Crypto, Smart Contract Platform, DeFi and Metaverse projects in the space.
We have gathered some public sources that share their point of view about the current state of market, important news and educational content. It is always good to broaden your mind with external pieces of knowledge and bitcoin other people’s opinion, especially in trading.