2 Views Crypto Futures Over Crypto Spot? posted by PCEX Member | Wednesday, April 21, 2021 Category: Financial Services If you're a beginner or haven’t got the separate experience of every, you're more likely to ask this question. Crypto futures and Crypto spot – are the favored cryptocurrency trading instruments with their own set of rules, practices, benefits, and to not miss risks. When it involves selection, we must admit that the crypto futures exchange may be a better trading option than the crypto spot. Here are the explanations behind it. #1. Demands little to no investment Investing within the crypto futures exchange features a unique benefit, which can sound surprising to a beginner. You don’t got to have an excellent bank balance to trade. Without actually owning the digital coin, you'll buy and sell it to form a profit. All that's required is a few basic sense about asset price trends, and you're good to travel. #2. High returns Crypto futures is sort of a long-term SIP investment plan in terms of returns, though many disparities exist between the digital currency and traditional investment that are beyond the scope Details
8 Views Why Should You Invest in Crypto Futures Over Crypto Spot? posted by PCEX Member | Friday, April 16, 2021 Category: Financial Services If you are a beginner or haven’t got the separate experience of each, you are more likely to ask this question. Crypto futures and Crypto spot – are the popular cryptocurrency trading instruments with their own set of rules, practices, benefits, and not to miss risks. When it comes to selection, we must admit that the crypto futures market is a better trading option than the crypto spot. Here are the reasons behind it. #1. Demands little to no investment Investing in the crypto futures market has a unique benefit, which may sound surprising to a beginner. You don’t need to have a great bank balance to trade. Without actually owning the digital coin, you can buy and sell it to make a profit. All that is required is some basic sense about asset price trends, and you are good to go. #2. High returns Crypto futures is like a long-term SIP investment plan in terms of returns, though many disparities exist between the digital currency and traditional investment that are beyond the scope of this article. Let’s take Details
9 Views How Is Bitcoin a Digital Gold? posted by PCEX Member | Monday, April 12, 2021 Category: Financial Services With Bitcoin maintaining up its momentum, and extra and greater retail as properly as institutional traders becoming a member of its bandwagon, this query is doing the round. At instances, human beings locate it tough to select between gold (old-school safe-haven) and bitcoin as a hedging device or funding option. So, which is better? At PCEX Member, we additionally get comparable queries and the concept of responding to them with this cryptocurrency insightful post. Let’s examine the two earlier than we difficulty the verdict. The first-rate truth seeker Aristotle has proposed three principal standards for cash (commodity idea of money). A medium of exchange A unit of account A shop of value From time immemorial, we have viewed how the possession of gold has been a image of affluence and prosperity. Perhaps, the historical prosperity of India is mirrored properly in the Hindi announcing “सोने की चिड़िया” (English=bird of gold). Its excessive liquidity and regular acceptance throughout all markets Details
11 Views Could India Lose quite Gain from a Crypto Ban? posted by PCEX Member | Thursday, April 8, 2021 Category: Financial Services India features a tumultuous combat cryptocurrency with regulators and governments unable to create a unanimous decision regarding its trading for long. Ever since The Cryptocurrency and Regulation of Official Digital Currency Bill,2021 made its thanks to the list of Lok Sabha agendas on 29 January 2021, this discussion on loss and gain with the cryptocurrency ban is doing the rounds. However, the bill remained within the list of agendas alone and was never discussed within the budget session 2021. Citing the delay within the introduction, consideration, and spending (as mentioned under the ‘Motion proposed to be moved” column of the Lok Sabha Bulletin – II), and therefore the shift within the opinion of involved ministers over time, crypto stakeholders are optimistic a few possible regulation instead of a ban on cryptocurrency trading. While speaking on the matter, the incumbent minister of finance, Nirmala Sitharaman has signaled that the govt is thinking of a “calibrated approach” and leaving a window open for experiments in cryptocurrency Details
12 Views Step by Step Guide on Researching Before Investing in Crypto posted by PCEX Member | Friday, April 2, 2021 Category: Financial Services For anyone connected with the Internet, it’s hard to keep their eyes off from the dazzle of cryptocurrency. Much of the credit goes to bitcoin and the people behind it, primarily, Satoshi Nakamoto. By the time of writing this post (March 23, 2021, 1.09 PM IST), the number of cryptocurrencies stood at 8,915 across 36,706 markets. The total market capitalization was to the tune of $1,683,639,118,877. Recommendations and opinions of friends and family matter, but your decision should not be swayed by the rumors. PCEX Member presents here a step-by-step guide on performing thorough research before investing in crypto. Check Official Website An official website could be your go-to place for general, legal, economic, transaction, mining, and support. The fundamental information includes the origin of the cryptocurrency, the people behind it, who control the network, how it works, real-world use-cases, and similar information. Next, know whether it has got approval from legal regulators in your country or anywhere, how the cryptocurrency network Details
15 Views What Crypto Regulations in India Could Bring? posted by PCEX Member | Thursday, April 1, 2021 Category: Financial Services With Bitcoin, Ethereum and other cryptocurrencies taking the market by storm with their rising prices, the demand for its regulation has gained momentum. Here are key things that India and Indians can achieve with the crypto regulations. More investment for exchanges Domestic and foreign – the regulations of crypto trading are likely to bring both types of investment in the country. The regulations help in building the confidence of consumers across any sector in the market and they feel secure about investing their money. India’s emergence as the home to leading cryptocurrency exchanges like PCEX Member is a positive signal about the acceptance of cryptocurrency as a security asset for trading. The regulations will pump more money from retail traders as well as institutional traders like banks and hedge funds. More revenue for the government The regulations will make crypto trading a service that will become taxable as per the GST law. It will create an extra source of income for the government. Needless to say, the crypto exchanges will also be contributing through Details
