Compared to futures and leverage trading, spot trading is less complex, with direct asset ownership and lower risk. The SEC approved 11 new spot bitcoin ETFs on January 10, 2024, sparking renewed interest in crypto spot trading. But, you may wonder, what exactly is spot trading in crypto, ...
Crypto trading involves exchanging digital currencies through a platform or exchange. This involves buying and selling of cryptocurrencies, usually with the intention of profiting from market fluctuations
The second step is opening a trading account which is pretty easy once you give all the basic information needed for registering with the platform. The next and most important step you need to take is finding the best crypto trader to copy. You need to consider the top traders listed on t...
And since crypto values fluctuate so wildly — sometimes even more than once per day — they are unsuitable for most people’s needs as general spending money. They are better suited to speculative trading, much like stocks and commodities. So even with the incredible volatility experienced so f...
This is why it is not as risky as normal cryptocurrencies. It also eliminates the need to constantly be converting crypto into fiat currency, which is a lengthy and often costly process. Instead, when the markets are dropping, an investor can put their assets into Tether without having to ex...
So what are your options for crypto tax preparation? You could keep track of things manually using a tool like Excel, but this quickly gets out of hand, especially if you’re trading on multiple platforms or have multiple wallets. The better solution is to use an online crypto tax preparati...
cryptocurrency holds the attention of major financial institutions and is seen by some as a good investment opportunity. For investors who don't want to directly acquire and hold cryptocurrency, there are also a variety of Exchange Traded Funds (ETFs), such as the Hashdex Nasdaq Crypto Index ET...
Learn what is spot trading in crypto. We explain how spot trading works, its benefits and drawbacks, and what other options exist.
Is Trading Options Better than Stocks? Options trading is often used to hedge stock positions, but traders can also use options to speculate on price movements. For example, a trader might hedge an existing bet made on the price increase of an underlying security by purchasing put options. How...
Insider trading—the practice of buying or selling a company's securities based on material, nonpublic information—has long been a contentious issue in financial markets. While the term often evokes images of corporate executives secretly profiting from inside knowledge, the reality is more complex....