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The projects on this list truly stand apart as high-potential crypto projects, and they could even deliver some of the highest percentage gains over the coming years.

What are the best crypto ICOs right now?

Almost every project on this list has made its native token available at a discount during its early stages of development. These can be great opportunities to uncover the crypto market’s next top projects before they take off. Here are the 5 best crypto ICOs in September 2023:

  1. Shiba Memu (SHMU)
  2. Chancer (CHANCER)
  3. AltSignals (ASI)
  4. Metacade (MCADE)
  5. FXBOX (FXB)
  1. Shiba Memu (SHMU) — A popular AI-powered meme coin

Shiba Memu is a next-generation meme coin project that uses an AI-backed marketing protocol to gain a strong presence in online crypto communities. The project uses natural language processing (NLP) to automatically interact with users in forums and on social media, which gives Shiba Memu the power to create its marketing campaigns from scratch.

Without a doubt, Shiba Memu is the single smartest puppy on the blockchain right now. The native SHMU token has become one of the best-performing crypto presales at the moment, raising a total of $2.5m during its opening phases. The SHMU token will rise in value every single day during the presale, taking the final price level more than 3x higher by the end of the event.

How to buy SHMU?

SHMU is available right now at the price of $0.026650. As stated, this price is constantly rising during the presale — not a day goes by when SHMU doesn’t grow its value. This unique price rise mechanism means at the end of the presale, SHMU will be worth $0.0379. Without a doubt, it’s potentially one of the best crypto presales to buy right now.

>>> You can find more information, including how to buy SHMU, here <<<

  1. Chancer (CHANCER) — A next-generation online betting site

Chancer is the first decentralized predictions market in the world, taking online betting to the blockchain and delivering brand-new ways for its users to place wagers. The peer-to-peer online betting market gives bettors the ability to make their very own bet slips about any outcome whatsoever — this can be for the upcoming round of Premier League fixtures, or it can be about something as arbitrary as a game of heads or tails.

When betting against friends, Chancer offers an unmatched experience. It allows every bettor to bypass odds from centralized bookmakers, which means that all betting markets — including for global events like the Superbowl — are likely to have the best odds anywhere in the betting industry.

Chancer uses a custom-built blockchain solution to deliver these exciting features. Native CHANCER tokens, which are on offer during one of the best crypto presales of 2023, will be used to settle all bets on the platform. CHANCER tokens are locked in escrow by special smart contracts when new bet slips are created and paid out automatically when a bet is won.

How to buy CHANCER?

The CHANCER token presale is currently in stage 2, with more than $1.7m being raised in the opening 13 weeks of the event. Chancer has undoubtedly been one of the best crypto ICOs of the year, outperforming most other early-stage projects in a very short space of time.

Investors can purchase CHANCER right now at a discount during the presale by heading over to the project’s main site. All crypto presale participants holding $100 or more worth of CHANCER tokens are in for a chance to win a share of $100,000 in prize money, so make sure to check it out as soon as possible to get involved.

>>> You can find more information, including how to buy CHANCER, here <<<

  1. AltSignals (ASI) — Accurate trading signals for the crypto markets

AltSignals is an online trading platform that has supported a community of more than 50,000 users since it first launched back in 2017. Since then, the platform has gone on to release several cutting-edge algorithmic indicators that have an unrivalled success rate when it comes to providing accurate trading opportunities in advance.

AltAlgo™ had a 60% accuracy rate when it first launched, helping traders of all skill levels to make consistent profits and even achieving 10,000% gains in 19 separate months for Binance Futures. AltSignals is now further optimizing the performance of this kit with the addition of artificial intelligence technology, introducing machine learning to improve trading performance.

The new trading stack, known as ActualizeAI, can scan the markets for investor sentiment levels and constantly learn from successful trading strategies. It is expected to boost the accuracy rate to more than 70%, making it an industry-leading solution for crypto trading tools.

How to buy ASI?

ASI, AltSignals’ new native token, is available during one of the most exciting crypto ICOs of the year. It is expected to usher in a new era for AltSignals, providing all holders with direct access to one of the best-performing crypto trading tools around.

Investors can buy ASI during the presale at the current price of $0.01875. Time is running out for the presale, so make sure to get involved as soon as possible.

>>> You can find more information, including how to buy ASI, here <<<

  1. Metacade (MCADE) — A comprehensive GameFi experience

Metacade is a comprehensive online gaming platform that offers a wealth of playing experiences. Each game is equipped with play-to-earn mechanics, meaning that gamers can earn MCADE tokens while enjoying the action and progressing through their favourite titles.

The platform launched earlier in 2023 after a highly successful crypto presale. In total, MCADE raised $16.4 million across 8 presale stages and launched the native token across 2 leading exchanges. Since then, MCADE enjoyed 3x gains on the open market and continues to be a hotbed of GameFi activity.

How to buy MCADE?

MCADE is now available for purchase on the open market after its crypto presale ended back in May. Investors can purchase MCADE on Bitmart or Uniswap, and take advantage of staking services on the Metacade platform.

>>> You can find more information, including how to buy MCADE, here <<<

  1. FXBOX (FXB) — Gaming, trading and staking, all in one place

FXBOX is a new crypto platform that offers a variety of blockchain services to its users. It contains play-to-earn games, a decentralized lottery, and a crypto exchange that offers perpetual contracts with leverage up to 1000x. It also has on-platform DeFi capabilities through the staking of the native token, FXB.

How to buy FXB?

FXB is available during the crypto presale. Early backers of the new platform can get involved by signing up directly through the site.

Which is the best crypto ICO to invest in for September and beyond?

Without a doubt, two of the best-performing crypto presales at the moment are Shiba Memu (SHMU) and Chancer (CHANCER). Both projects are gaining real momentum as they approach the end of their ICO phase, so it’s difficult to pick a winner between the two projects.

However, Shiba Memu (SHMU) looks set to bring a revolutionary new platform to the online betting industry that delivers more betting markets and better odds than any legacy platform. This could make it the best crypto ICO of 2023 when looking back to this moment in the future.

With that in mind, the best crypto ICOs to invest in during September are as follows:

  1. Shiba Memu
  2. Chancer
  3. AltSignals
  4. Metacade
  5. FXBOX

 

One such system that has gained popularity in recent years is blockchain technology. While Bitcoin and Ethereum are among the most well-known blockchain networks, there are many other players in the market. In this article, we will take a closer look at one of the up-and-coming blockchain networks, Cosmos. If you are planning to invest in Bitcoin, you must use a trusted online website like stockhax.

What is Cosmos?

Cosmos is an open-source blockchain network that aims to create an ecosystem of interconnected blockchains that can seamlessly communicate with each other. The goal of Cosmos is to create an internet of blockchains, where different blockchains can communicate with each other without the need for intermediaries. This is achieved through the use of a technology called Tendermint, which provides a secure and fast consensus mechanism for blockchains.

How does Cosmos work?

Cosmos consists of two main components: the Tendermint Core and the Cosmos SDK. The Tendermint Core is a Byzantine Fault Tolerant (BFT) consensus engine that provides security and finality to the Cosmos network. The Cosmos SDK is a framework that allows developers to build custom blockchains that can communicate with each other through the use of the Inter-Blockchain Communication (IBC) protocol.

The Cosmos network is made up of many interconnected blockchains, known as zones. Each zone can have its own set of validators, governance rules, and tokens. These zones can communicate with each other through the use of the IBC protocol. This allows for the creation of a truly decentralized ecosystem, where different blockchains can specialize in different use cases, while still being able to communicate with each other.

What are the advantages of the Cosmos?

One of the main advantages of Cosmos is its modular architecture. Developers can easily build custom blockchains that can communicate with other blockchains in the ecosystem. This allows for the creation of specialized blockchains that can handle specific use cases, such as identity management, supply chain management, and decentralized finance.

Another advantage of Cosmos is its scalability. The Tendermint consensus mechanism allows for fast transaction processing, which can handle up to 10,000 transactions per second. This makes Cosmos ideal for applications that require high transaction throughput.

Finally, Cosmos provides a high degree of interoperability between blockchains. The IBC protocol allows for the seamless transfer of assets between different blockchains in the ecosystem. This can enable a wide range of use cases, such as cross-chain asset transfers and decentralized exchanges.

Conclusion

In conclusion, Cosmos is an up-and-coming blockchain network that has the potential to revolutionize the way we think about blockchain technology. Its modular architecture, scalability, and interoperability make it an attractive choice for developers who want to build decentralized applications that can communicate with other blockchains. As the world becomes increasingly digitized, we can expect to see more and more use cases for blockchain technology, and Cosmos is well-positioned to play a key role in this ecosystem.

Are you ready to navigate the exciting and ever-changing world of global finance? Look no further than the rise of cryptocurrency - the digital currency revolutionizing how we invest, trade, and conduct financial transactions. From Bitcoin to blockchain, the potential impact of cryptocurrency on the global economy is enormous, and it's time to explore how this new landscape is shaping the future of finance.

Cryptocurrency has been gaining traction in the financial realm, disrupting traditional financial systems and reshaping the landscape of global finance since the launch of Bitcoin in 2009.

The popularity of digital currencies has skyrocketed, with more and more investors and businesses turning to cryptocurrency for its potential benefits, such as faster and cheaper transactions, decentralized systems, and increased security.

People buy Bitcoin as a form of investment and for its potential as a decentralized and secure digital currency that can be used for online transactions without intermediaries such as banks. Some people also buy Bitcoin to hedge against inflation or economic instability in their home countries.

Let's understand its impact on different financial sectors.

Cryptocurrency as an investment

In the past few years, a noticeable trend of investors turning towards cryptocurrency as a viable investment option has occurred. While some investors view cryptocurrency as a speculative investment, others see it as a long-term investment opportunity.

The perks of investing in cryptocurrency include the potential for high returns and the opportunity to diversify one's investment portfolio. Cryptocurrency is also decentralized and operates independently of government and financial institutions, which can offer increased privacy and security.

However, investing in cryptocurrency also comes with significant risks. One of the real risks is the volatility of cryptocurrency prices, which can fluctuate significantly in a short amount of time. Investors who do not manage their investments properly can face significant losses.

Additionally, the lack of regulation in the cryptocurrency market can lead to fraudulent activities and scams, putting investors at risk of losing their investments.

Investors looking to invest in cryptocurrency should proceed cautiously and carefully evaluate the risks and benefits. Diversifying investments across multiple cryptocurrencies and staying up-to-date with market trends and news is essential.

 Additionally, investors should only invest what they can afford to lose and seek advice from a financial advisor or professional before investing in cryptocurrency.

Cryptocurrency and international trade:

Cryptocurrency has the potential to revolutionize international trade by offering faster, cheaper, and more efficient transactions. One of the main benefits of using cryptocurrency for international trade is the speed of transactions.

 Traditional banking systems can take several days to process international transactions, but transactions can be completed almost instantly with cryptocurrency. Using cryptocurrency for international trade can lower transaction fees and faster payment processing, potentially improving businesses' cash flow.

 Another benefit of using cryptocurrency for international trade is the increased security and transparency of transactions. Blockchain technology, which underpins most cryptocurrencies, provides a decentralized and tamper-proof ledger of transactions. Using cryptocurrency for international trade can enhance transparency and decrease the likelihood of fraudulent activity.

 However, cryptocurrency volatility is a significant concern for businesses engaged in international trade. The value of digital currencies can fluctuate rapidly, making it difficult to plan and budget for transactions. The volatility of currency values can pose risks for businesses involved in cross-border trade, potentially affecting their revenue and profits.

Despite concerns about the volatility of cryptocurrency and its potential impact on trade, some companies have still chosen to use it as a means of payment for international trade. Cryptocurrency offers the potential for faster and cheaper transactions and increased security and transparency.

However, it is essential to carefully evaluate the risks and benefits before using cryptocurrency for international trade.

Cryptocurrency and financial stability

 The emergence of cryptocurrency has raised concerns about its potential impact on global financial stability. The decentralized nature of cryptocurrency and lack of regulation has warned some experts of potential risks, such as market volatility and financial instability.

 One potential solution for mitigating these concerns is increased cryptocurrency market regulation. This could involve creating a framework for regulating exchanges and ensuring that cryptocurrency transactions are transparent and secure.

 Additionally, developing stablecoins, cryptocurrencies pegged to the value of a stable asset, such as gold or the US dollar, could help reduce cryptocurrency volatility.

 It is essential to note that the impact of cryptocurrency on financial stability is still being studied, and there needs to be a clear consensus on the potential risks and benefits. It is vital for policymakers and market participants to carefully evaluate the impact of cryptocurrency on financial stability before taking any action.

Tips for investing in cryptocurrency:

 

In conclusion, the rise of cryptocurrency has brought significant changes to the global economy, with its impact on investment, international trade, and financial stability being closely monitored.

While offering potential benefits such as faster transactions and increased financial inclusion, it also comes with risks and challenges that require careful consideration and regulatory measures. 

As the world continues to navigate this new landscape of global finance, staying informed and mindful of cryptocurrency's evolving role is essential for investors, businesses, and policymakers alike.

 

 

Investors and traders alike have been debating whether or not cryptocurrency is a viable investment vehicle or if it’s just a flash in the pan. As the market continues to evolve, it’s important to take a look at what the future may hold for both of these investment options.

What Advantage Does Cryptocurrency Beget?

Cryptocurrency has been around for a few years now and its popularity continues to surge. While it’s still relatively new and somewhat of an unknown, investors are starting to understand the potential benefits of cryptocurrency. For starters, cryptocurrency is a digital asset that can be traded and exchanged without the need for any third-party intermediaries. This can save investors a lot of time and money, as they can quickly and easily move funds without having to go through a bank or other financial institution.

Another advantage of cryptocurrency is that it is decentralized, meaning that it’s not controlled by any one single entity. This gives investors more control over their investments, as they’re able to decide which currency to invest in, and when to buy and sell. Additionally, cryptocurrency has a low barrier of entry, which can make it easier for investors to get involved without large amounts of capital.

The Stock Market As A Traditional Investment

The stock market, on the other hand, is much more traditional and can be difficult for new investors to get involved with. It requires a lot of research and understanding of the different markets.

As well as a good understanding of the different types of stocks, bonds, and other securities. Additionally, it can require large amounts of capital to start investing, which can be a barrier for some investors.

New Expectations For 2023

As we move into 2023, both the stock market and cryptocurrency will likely continue to grow and evolve. How they will interact with each other, however, is still unknown. While cryptocurrency may remain an attractive option for some investors, the stock market is likely to remain the more popular choice for those looking to invest in more traditional markets.

To learn more about crypto asset investment, keep reading.

What’s certain is that both the stock market and cryptocurrency will remain an important part of the investing landscape in the years to come. As investors continue to explore the different options available, both will likely continue to play a role in the financial markets. It’s up to the individual investor to decide which option is best for them, and how they want to invest their money. Cryptographic technology through blockchain systems is a new development that will continue to grow in 2023. As for the stock market, it is a traditional asset that individuals trust and have mastered trading in. the stock market is here to stay.

In Summary

As the stock market continues to evolve, it's important to take a look at what the future may hold for both of these investment options. Another advantage of cryptocurrency is that it is decentralized, meaning that it's not controlled by any one single entity. stock market and cryptocurrency will continue to grow and evolve in the years to come.

The stock market is a more traditional investment, which can be difficult for new investors to get involved with. Cryptocurrency, however, has a low barrier of entry and makes it easier for investors to invest without large amounts of capital. How they will interact with each other in the future is still unknown.

The market of Cryptocurrency has been in a tumultuous position since November 2021. And it continued to follow the same until October 2022. In the previous month, it got a welcoming break from all the issues it had been going through.

And I, for all, have become pretty hopeful regarding the future of Cryptocurrency.

Hence, in this article, I’m going to name some of the best Cryptos that you can invest in right now. Besides, some additional investment information will be available here too.

So, let’s get started!

5 Cryptocurrencies to Look Out for

Since its initiation in 2009, the Crypto market has become quite varied and complicated. It all started with the launch of BTC. However, now, the same market has 21,750 different projects spread throughout the world. So, which one should you choose?

Let’s find out.

1: Bitcoin (BTC).

Market Value: USD 325.3 billion.

There was a time when Bitcoin was free-flowing in the Cryptocurrency market. Nevertheless, as of now, it has been subdued a little due to the release and mining of the majority of coins.

In any case, it’s still the largest and most prominent Crypto available out there. And the price and volatility of it are going to decrease pretty soon as well.

So, if you have a lot of money sitting in your bank, you won’t go wrong with Bitcoin. Just be sure to create and follow a specific strategic path, and you’ll be fine.

2: Tether (USDT).

Market Value: USD 66.0 billion.

Unlike the aforementioned, Tether is a type of stablecoin. Therefore, its price doesn’t change too much, no matter what the condition of the current market is. Due to such consistency, it becomes easier for you to create a financial strategy and back it with a logical explanation.

However, even if you are trading a stablecoin, always try your best to opt for something safer. This way, your risk of getting hacked will be pretty low. Click to read more here.

3: Ethereum (ETH).

Market Value: USD 155.7 billion.

Although Bitcoin is the most popular Crypto in the market, it’s still quite limited when talking about usage. However, Ethereum, on the other hand, is much different.

Apart from using Ether (the coin of the platform), you can also employ it as a platform to get or create a smart contract. It can also be utilized to make NFTs. Due to this reason, the market value of Ethereum has been growing quite exponentially since the beginning.

And if you want to get a lot of money from your investment, make sure to put your money in it today. Don’t forget to make a proper plan beforehand, though.

4: US Dollar Coin (USDC).

Market Value: USD 44.3 Billion.

Like the aforementioned Tether, USDC is considered to be a stablecoin too. It depends on the US dollar and aims to keep the price notion at 1 USD - 1 USDC. 

Also, it’s important to keep in mind that USDC is powered by Ethereum. Therefore, it may be used for something else, probably some sort of technological advancement, later on.

Oh, and yes - you can, indeed, use USDC to make or complete a global transaction. However, the only issue is that not everyone will accept it as a form of payment.

5: Binance Coin (BNB).

Market Value: USD 44.6 billion.

BNB, also known as Binance Coin, is a type of Crypto that can be used to pay fees and trade on Binance. In the beginning, the price of BNB was only USD 0.10. However, since then, it’s progressed quite massively and now has a cost of USD 279.00.

But before you do anything, remember you are not allowed to use BNB on anything else. It’s to be used on Binance and Binance only.

Wrapping It Up!

So, I think I have explained as much as I could about the Cryptocurrencies you need to invest in. However, if you want to add something else or are simply confused about a topic, please comment below. I’ll check it out as soon as I can and offer an answer to you promptly.

Good luck!

The market of Cryptocurrency has been in a tumultuous position since November 2021. And it continued to follow the same until October 2022. In the previous month, it got a welcoming break from all the issues it had been going through.

And I, for all, have become pretty hopeful regarding the future of Cryptocurrency.

Hence, in this article, I’m going to name some of the best Cryptos that you can invest in right now. Besides, some additional investment information will be available here too.

So, let’s get started!

5 Cryptocurrencies to Look Out for

Since its initiation in 2009, the Crypto market has become quite varied and complicated. It all started with the launch of BTC. However, now, the same market has 21,750 different projects spread throughout the world. So, which one should you choose?

Let’s find out.

1: Bitcoin (BTC).

Market Value: USD 325.3 billion.

There was a time when Bitcoin was free-flowing in the Cryptocurrency market. Nevertheless, as of now, it has been subdued a little due to the release and mining of the majority of coins.

In any case, it’s still the largest and most prominent Crypto available out there. And the price and volatility of it are going to decrease pretty soon as well.

So, if you have a lot of money sitting in your bank, you won’t go wrong with Bitcoin. Just be sure to create and follow a specific strategic path, and you’ll be fine.

2: Tether (USDT).

Market Value: USD 66.0 billion.

Unlike the aforementioned, Tether is a type of stablecoin. Therefore, its price doesn’t change too much, no matter what the condition of the current market is. Due to such consistency, it becomes easier for you to create a financial strategy and back it with a logical explanation.

However, even if you are trading a stablecoin, always try your best to opt for something safer. This way, your risk of getting hacked will be pretty low. Click to read more here.

3: Ethereum (ETH).

Market Value: USD 155.7 billion.

Although Bitcoin is the most popular Crypto in the market, it’s still quite limited when talking about usage. However, Ethereum, on the other hand, is much different.

Apart from using Ether (the coin of the platform), you can also employ it as a platform to get or create a smart contract. It can also be utilized to make NFTs. Due to this reason, the market value of Ethereum has been growing quite exponentially since the beginning.

And if you want to get a lot of money from your investment, make sure to put your money in it today. Don’t forget to make a proper plan beforehand, though.

4: US Dollar Coin (USDC).

Market Value: USD 44.3 Billion.

Like the aforementioned Tether, USDC is considered to be a stablecoin too. It depends on the US dollar and aims to keep the price notion at 1 USD - 1 USDC. 

Also, it’s important to keep in mind that USDC is powered by Ethereum. Therefore, it may be used for something else, probably some sort of technological advancement, later on.

Oh, and yes - you can, indeed, use USDC to make or complete a global transaction. However, the only issue is that not everyone will accept it as a form of payment.

5: Binance Coin (BNB).

Market Value: USD 44.6 billion.

BNB, also known as Binance Coin, is a type of Crypto that can be used to pay fees and trade on Binance. In the beginning, the price of BNB was only USD 0.10. However, since then, it’s progressed quite massively and now has a cost of USD 279.00.

But before you do anything, remember you are not allowed to use BNB on anything else. It’s to be used on Binance and Binance only.

A Cryptocurrency ETF is a type of exchange-traded fund that has a little bit of exposure in the asset segment. And like a coin, you can also purchase it on a major stock exchange.

Sounds pretty attractive, right?

Well, it is, to some extent. 

On paper, an ETF can be a good option for people who’re considering investing in the market at a lower sort of investment. But, when it comes to Crypto, your options in this aspect will be a bit limited due to the infancy of the investment genre. If you are interested to know more about it, read more here.

But, if you still want to explore this genre, you will have three alternatives on your hand. Here is what you need to know about them.

Types of Cryptocurrency ETFs

Investing in a Crypto ETF can be quite tricky, especially for a first-time investor. Therefore, it is always better to learn as much as possible before putting your money into it. Hopefully, we can help you out in this aspect through this article.

1: Crypto Stock ETF.

A Crypto Stock ETF is created or made up of one or more companies that own Crypto. But an organization, that has a part of its business in the arena of Cryptocurrency, can be added to the same category too. The BITO (ProShares Bitcoin Strategy ETF) is an example of it.

2: Actual Crypto Fund.

An actual Crypto fund is a type of ETF that’s been sold previously to an accredited investor. It has now been released by them and is currently available on an OTC exchange. However, the ETF is not sold on a conventional marketplace, like the New York Stock Exchange.

3: Bitcoin ETF.

As the name implies, a Bitcoin ETF is based on BTC. Therefore, you can purchase them on public markets. But, here’s the thing. A Bitcoin ETF doesn’t hold BTC. Instead, they tend to have or contain a derivative, such as a future contract or something as such.

Why Would You Want a Crypto ETF?

Investing in an ETF can be an excellent option for people who don’t have the time to research anything but want to create a diversified profile nonetheless. When it comes to investment, Cryptocurrency should be a single part of your diversified portfolio. But, if you still want to diversify your money, even more, it’s best to opt for an ETF.

Nonetheless, if you want, you can also diversify your Crypto portfolio without investing in an ETF. For example, if you want to go straight up into it, it might be best to do some research or invest directly in the Cryptocurrency market. You can also cooperate with an investment expert to learn more about the market and invest your money accordingly.

Benefits of Crypto ETF

Although Crypto ETFs have been here for quite some time, it’s still not being accepted as a form of payment in many countries. In any case, if you own something as such, you will be benefiting from the following -

The Final Say!

Cryptocurrency ETFs are, indeed, safer than you may have guessed. 

However, again, the market is volatile, after all. So, it’s better to learn more about how you’re going to invest there properly. If it’s your first time, I would ask you to talk to someone who’s an expert in this aspect. The better people you talk to, the higher your chance of getting more and more money will be. Also, if you are confused about something, make sure to ask about it in the comment section below. I will try my best to help you out in any way I can.

Over the last few years, crypto trading has been one of the most popular ventures— especially for the young generation. However, there is still some gap that needs to be filled despite increased participation. One such is helping these traders, most importantly, beginners understand the concept of orders whether on exchanges, software, or broker platforms.

Reputable cryptocurrency websites always warn beginners to be wary when jumping into trading without doing due diligence. So, in this article, we will do our best to help you understand order types in crypto trading and everything else related to it. Read on! But first, let’s go down memory lane a bit by looking at Bitcoin’s history.

You would recall that in 2009, there were not many options to trade cryptocurrency. Most trades happened with the peer-to-peer offer across several countries. However, that process has been improvised today and you may not necessarily need to be involved in peer-to-peer before trading crypto. Of course, there are risks associated with the process but what would you have traders do when there was less advanced technology?

Many years later, there are now reliable exchanges that offer several methods as long as customers comply with their Know Your Customer (KYC) process, and Anti-Money Laundering (AML) regulations. This advent of crypto exchanges is what has led to the understanding that there is something known as order books and types.

However, it is important to note that the order types in crypto are a bit different from forex and other financial markets. For cryptocurrency trading, order types are specifically developed to help traders buy or sell an asset at the time and price that aligns with their goals with the most minimal losses

In addition, these order types are not made for crypto whales alone but also for retail investors. So, those with moderate trading capital in the space also have unrestricted access to progress with their buying and selling. Interestingly, using the order types method means that you do not have to concern yourself with central authorities or third parties. Therefore, making it easy to trade these days.

So, the days of trading with maximum stress are gone as you do not require a long time on the charts or screens to have a trade executed with the order model. But before we go deep into the types of orders we have in the crypto market, let’s help you understand what order books are in the next segment. 

Order Book: What Does It Mean?

In simple terms, an order book is simply defined as a list of buy and sell open orders for a particular trading pair. Advanced traders might call it long and short. For context, to long is to buy, and to short is to sell. You can also describe an order book as a market open to anyone ready to bid for an asset either to short it or long it. All these are done in a bid to earn profits.  

In addition, the order book is always open until a trader decides that he wants to take profits, count his loss or cancel a trade. So, in order books, you can have trading pairs like Bitcoin against Ethereum, Solana against Tether, and the like. Next, let’s go into the main thing by looking at the types of orders available in crypto trading.

Types of Orders in Crypto Trading

There are several kinds of orders in cryptocurrency trading. However, most of the usage of these order types depends on the objective of the trader. So, are you interested in “eyeing” an increased price or do you feel the price of an asset would decrease? All of these would determine the kind of order that you would be interested in. Order can exist in different kinds of markets. If you trade the spot market, there are orders you can use. On the other hand, if you take more risks with the futures market, there are also orders specified for you. Let’s get right into it.

Market Orders

By definition, a market order is simply a directive by a trader to buy or sell a crypto asset at the most profitable price available in the crypto market. Unlike other orders, we might touch, market orders are executed immediately after a trader places one. You can also refer to this as the simplest kind of crypto trading or order type. So, what are the advantages and disadvantages attached to market orders?

Pros

One of the pros of using market orders is that traders do not need to worry about reaching specific targets. They just allow the market to do its job. This is not the case with other types of orders. For others, there are more speculations and predictions that you can fully avoid by focusing on market others. Also, the risk associated with market orders is extremely minimal compared to those of the other order types.

Another advantage is that market orders are executed instantly. Traders do not need to concern themselves with waiting or immediately getting liquidated as soon as they place their buy or sell trade. Next, let’s look at the drawdowns of market orders.

Cons

One significant drawdown of market orders is that multiple orders can be filled at lower prices than expected. This is because the orders are instant. So, imagine you place an order when Bitcoin was $34,000. Then, almost immediately after you placed the order, the price slips to $32,500. The market would not execute your order at $34,000 but at $32,500. So, in that case, you have missed your target entry. Apart from this which is commonly known as slippage, there is hardly any other con to market orders. That said, let’s move to other kinds of orders in the crypto market.

Limit Orders

The second kind of order we will touch on is the limit order. For context, a limit order in crypto is commanded by a trader to buy or sell an asset at his own specified price. So, in this case, it does not matter if the market price is trading higher or lower than the trader’s desired price. The trade will only be executed when the asset price hits the traders’ entry point. This kind of order is suitable for patient traders. At times, filling the order could take a few minutes or hours. In other cases, they can take a few days before execution. Now, let’s look at the pros and cons of this kind of order.

Pros

Limit orders are different from the initially described market orders in the sense that they offer more freedom. So, traders using limit orders care less about market price as they have more control. In summary, one advantage you can point to is that limit orders allow traders to set their minimum or maximum price to buy or sell.

Another advantage is that they can minimise their risk of loss if their trade is not executed yet by cancelling the order. You know how volatile the crypto market can be. So, in cases where the market flips its direction, traders can exit with little to no loss.

Cons

The downside is on the part of the execution. Because limit orders do not depend on market price, they might sometimes not be excited if the asset price does not hit their desired target. Other times, the orders are only fulfilled partially.

Stop Orders

A stop order is set to buy or sell a cryptocurrency at the market price once it has hit the stop price. In that case, the order becomes a market order and is filled at the next available market price.

This order type helps traders protect profits and limit losses. However, just like limit orders, they might not execute even if the price target is met.

Stop orders can be market or limit orders. A stop market order is based on the condition that a price hits a predefined target (the stop price), and in that case, it executes immediately. Stop-limit orders are slightly more complex and require a further explanation that we are providing here.

Stop-Limit Orders

Lastly, let’s look at stop-limit orders. From the name, this kind of order is similar to the limit orders. However, the only difference is that traders even get to enjoy more freedom than limited order offers. So what are stop-limit orders?

A stop-limit order is a type of order that buys or sells crypto assets once a particular stop price is reached. In other words, you can define it as a kind of order that will execute continuously until the entire order gets filled. So, you can avoid the price being filled at a price that you do not want. Moreso, you have more control over what happens with your order than using the market or limit order. You may be confused at this point but we will do well to give an example.

So, let’s imagine you place a stop price for Ethereum at $3,500, which is the price to set off the order. And as a trader, you think the price can go as high as $3.7000. You can set a maximum limit price within that region. This region will be considered the price that the asset that will be bought. So, you can take profits when the price hits $3,500, and it doesn’t stop there. By choice, you can continue raking in profits if the market aligns with your objective to hit $3,700.

Pros

For its advantages, a stop-limit sell order can help traders determine the minimum price they are willing to buy an asset. At the same time, this kind of order allows traders to set a maximum price at which they want an asset to be bought. So, if the maximum price is not hit, the minimum price set can do its job of execution.

One other price of stop-limit orders is how potent they are in controlling the volatility of the crypto market. Since it offers more flexibility, traders can effectively minimise risks.

Cons

However, the one notable disadvantage of stop-limit orders is the inability to execute orders automatically. Apart from that, it is also similar to the limit order as execution can also be partial unlike the case with market orders.

Final Thoughts

Finally, you should know that an excellent understanding of order types can help you go far in trading. While it does not guarantee anything, it puts you in pole positions to become confident and reduce the possibility of potential losses. However, you should only take this as an informational piece, and no part of it should be regarded as financial advice. If you intend to gain more knowledge, do your best to research further. 

 

Valued at $7.3 trillion in 2020, it is projected to grow at a compound annual growth rate (CAGR) of 26.87% up to 2026 with the rising adoption of the internet of things and advanced technologies. 

According to the Global Fintech Adoption Index in 2019, Fintech adoption was doubling every two years throughout the world. It increased from 16% to 64% from 2015 to 2019. 

This growth was also seen during the Covid-19 pandemic, where digitalization took its toll and the Fintech industry took the role of the enabler in digital payments, as most of the world shifted to contactless and online shopping. We also saw a rapid growth of crypto payments being accepted throughout the global tech industry and a great potential for Crypto payment adaptation in different types of businesses.

This time, last year, things were going pretty well for the fintech industry, specifically the crypto market. In 2021, investors and crypto markets were hyping Bitcoin, and for a good reason. It reached a value of $69,000 and represented a promising future for the financial system. Now, exactly one year later, its value dropped down to $18,000, making crypto investors lose more than $2 Trillion.  

2022 is a year of the crypto market collapse, as we witnessed the major downfall of the Celsius Network, the Terra/LUNA collapse, and most recently – the dramatic downfall of the infamous crypto market, FTX. 

Does the FTX crash affect people’s trust in the Crypto market?

The efforts to incorporate crypto payments into businesses are now shaken. The trust of companies was always hard in the first place, but now with the downfall of major players, caution is the key factor when it comes to crypto investing and payments. 

In 30 days, Sam Bankman-Fried, the founder and CEO of FTX has lost a $17 Billion fortune as a result of piled-up crises. Bankman-Fried sought help from its biggest competitor Changpeng Zhao, founder of Binance, to which Zhao first agreed, but then, after several suspicious activities from the now-bankrupt ex-CEO, Zhao walked away, leaving Bankman-Fried even more exposed. Reuters reported that Bankman-Fried may have secretly transferred $10 Billion of FTX customer funds to his hedge fund called Alameda Research. On top of that, at least $266 million had been withdrawn from FTX in 24 hours.

Although the once-crypto billionaire took responsibility for FTX’s collapse, the suspicious activities and withdrawals shook the crypto market to its core. The whole situation sparked international regulatory inquiries and a lawsuit against the company and all celebrities who have promoted it. The company’s financial statements and operations paint a very worrisome picture that transcends throughout the global crypto market. 

Companies in this industry will need marketing wizards such as AWISEE, an SEO Agency for Fintech companies, to gain back the trust and audience that they are used to. 

However, on the other scope of the crypto world, there are companies like the very well-known Coinbase, that are trying to be a more sustainable player in the world today. With their Coinbase Commerce, they have opened the doors for merchants and businesses across the globe and enabled them to receive payments from anywhere in the world in the cryptocurrency of their own choice. It can integrate with the checkout workflow or it can be added as a payment option on the shopping page. It charges no transaction fees and enables the user to convert any cryptocurrency to a fiat currency like the US dollar or the British pound. 

Browser extensions are already helpful to all internet users, but have you thought about adding them to boost your privacy and check market prices? If you haven’t, in the following paragraphs, we’ll recommend five helpful extensions to help you better your cryptocurrency gains.

For privacy

For a crypto user, Adblock Plus is one of the safest extensions that can block ad-delivered viruses and ad-based tracking. It is one of the most used and installed programs on Chrome, with over ten million users, and it provides you with additional privacy and security. The extension is also available for Firefox, Safari, and Android.

Even though blockchains are among the safest places to perform transactions, treacherous miners may use others’ computers to mine cryptocurrencies. Although some people want to donate their computer resources so that others can mine too, sometimes they’re taken advantage of. So, privacy extensions can require website visitors to opt-in to mining for cryptocurrencies to support the site running its scripts. Authedmine is one of these programs, blocking all miners to ensure fairness in cryptocurrency mining.

For crypto wallets

A crypto wallet is one of the most important aspects of crypto mining, as it’s where you hold your coins and perform transactions. Depending on what your needs are, there are three types of crypto wallets:

You can find great crypto wallet extensions for any cryptocurrency. For example, Ethereum users have Metamask, a browser extension that offers the best way to secure your digital assets, from key vaults to secure logins and token wallets while owning your data. On the other hand, Bitcoin users have Badger, which allows them to hold coins and tokens and serves as a bridge to decentralized applications (Dapps).

If you’re interested in the bitcoin price USD, know that it usually changes due to price volatility, meaning that the investor's sentiments, media coverage, and supply and demand can make the prices fluctuate. So, to start investing in Bitcoin, you should know what to expect when the market oscillates between high and low volatility.

For market data

Being active in the cryptocurrency world means you must be up to date with the latest news to know when to buy or sell. An excellent browser extension is Bitcoin Tab, which selects real-time information and pricing from trusted sources, as well as community developments and social media news. You can have a short glance at what’s happening at the moment without having to search for information and lose time.

Why is it important to know what’s new in the world of cryptocurrencies? Because it can help you get the right idea of how the market works. Let’s not forget the moment Elon Musk tweeted about Dogecoin, which resulted in the coin jumping to 9% only a few hours after his statement. 

As people saw that such an important figure supported the coin, they decided to invest more, which increased the coin's value. You may know that a cryptocurrency’s value increases when the demand exceeds supply, based on the well-known demand and supply rule.

For NFT enthusiasts

Since the Ethereum blockchain made it easier for users to buy and sell NFTs, their value increased, especially in art pieces. NFT projects are widely underappreciated, but if you know how to put them on the market, you can be one of the most famous artists on the blockchain who sold his artwork for $69 million.

A great extension to help you learn more about NFTs or just want to create NFT art, you can choose Nifty Scanner to understand the technology behind an NFT by verifying if its assets (media and data) are safely stored on the blockchain. It also inspects if its smart contract has been verified on Ethereum. This extension helps avoid placeholding (being left with an inaccessible link when trying to access the digital artwork). The program is available on Chrome, Firefox, Opera, and Brave.

For keeping track of your investments

While having a crypto wallet is crucial, you also need to keep track of your crypto investments because the market is pretty volatile. Coinstats, for example, is a great portfolio tracker app that helps you automatically choose your local currency and synchronize your wallet from different exchanges. You’ll save the time wasted on adding your transactions manually while keeping an eye on the market changes.

It’s important to monitor the performance of your cryptocurrencies and assets because they might increase or decrease in value. A tracking program will also help you figure out how to pursue portfolio diversification to have a selective list of balanced assets. This is the best practice to keep your wealth in good condition.

How safe is it to install extensions?

Be wary when installing such extensions to your browser. While some of them are perfectly safe, if you’re not choosing them correctly, certain programs can steal passwords, collect data or log keystrokes. You should install them directly from trusted sources, like official web stores, and check user ratings and the number of installs to ensure that the extension is genuine. You may also install only valid programs because otherwise, you might affect your computer’s performance. Lastly, make sure you read all permissions required by such extensions to confirm they can’t read and change your data.

As a new cryptocurrency user, keeping up with so much information and changing technologies might be overwhelming. Still, with the help of browser extensions, you can focus more on your decisions of investing and build a strong portfolio and make a considerable income.  

 

 

Over time, and certainly in the past year, with the drastic increase in value, cryptocurrency has changed in many people’s minds from a salacious method of money laundering to becoming a serious contender for investment. More and more novice investors are dipping their toes in the metaphoric water and even large brands (Starbucks, Amazon, PayPal, to name a few) are starting to accept cryptocurrency as a form of payment. As more money is being converted into cryptocurrency, these types of assets are becoming more prevalent in insolvent estates. So, what does that mean for creditors of companies or bankrupts who have invested in cryptocurrency?

Because cryptocurrency is decentralised i.e., it’s not tied to a country’s currency, nor is it regulated — it is viewed as an easy method of defrauding people. However, that is not necessarily the case. All transactions are public knowledge, meaning ownership can be verified and traced. Because there isn’t one controlling body, everyone is accountable to everyone. This transparency is a security feature in itself as it is difficult to hide in plain sight, as it were.

There is, however, a hurdle of learning new terminologies and understanding a new process. As a result, many people shy away from dealing with it. This can seem daunting and is certainly a barrier to entry for some. However, it isn’t a reason to ignore what could potentially be an immensely fruitful asset pot. Professionals must now start to change their perspective on cryptocurrency, particularly in relation to company investments in insolvency estates, and adapt processes to enable us to deal with cryptocurrency more effectively. Gone are the days of solely dealing with traditional assets.

So, how should a cryptocurrency be dealt with in an insolvent estate?

First, how can we identify that the company has cryptocurrency? There are various indicators to look out for to help identify whether the estate may have a cryptocurrency, such as:

Once it becomes apparent that the company holds cryptocurrency as an investment, the insolvency practitioner (IP) will need to take steps to secure and preserve their investment. Just like with any other asset, the IP will need to act quickly to ensure the cryptocurrency is secured correctly. Identifying and locating the key is a critical step, but the IP shouldn’t assume that someone else doesn’t have a copy of the key. A prudent IP should transfer the cryptocurrency into a secure wallet of their own (on behalf of the estate) or to an agent. Under the new FCA legislation, cryptocurrency held on someone else’s behalf must be held by an approved agent, who could secure the assets properly, holding the assets offline and obtaining appropriate insurance.

However, what if it's discovered that the company entered into a cryptocurrency transaction, but the asset isn't held within its wallet? Just with the dissipation of physical assets or cash, the transfer of cryptocurrency away from the estate could be considered an antecedent transaction. Further investigation would be required, as with any other claim, to review whether the IP can substantiate a claim to an evidential standard to be successful in clawing back the assets for the benefit of the estate.

How can cryptocurrency be realised once it has been successfully recovered?

It is important to note that much like fiat currency, all exchanges have their own conversion rate. Because there is no interbank offer rate, there is no standard for what that conversion rate is. As we have seen in the last year, the rate has fluctuated drastically, much to the investors’ delight. In order to mitigate any criticisms and ensure the best price is being achieved for the asset, it would be prudent to compare exchanges and conversion rates. Alternatively, another option would be to place the cryptocurrency into an auction, which has an element of protection for the IP from any potential criticism as the value is simply the highest bid, rather than an exchange.

Given the increase in use and popularity of cryptocurrency, it is likely we will continue to see a huge investment shift towards it, particularly now with the backing of so many blue-chip companies. It is not the fraudsters’ friend, as it can sometimes be thought, and is traceable if you have the skills and know-how in dealing with it. IPs need to embrace the move toward cryptocurrency as a more prevalent asset class and look to expand their training and understanding of the toolkits available to them, whether that is through normal recovery action of an asset or the tracing of assets leading to a claim for the benefit of the estate.

“They have no intrinsic value. That doesn’t mean to say people don’t put value on them, because they can have extrinsic value. But they have no intrinsic value,” he said during a press conference in London earlier this month. “I’m going to say this very bluntly again. Buy them only if you’re prepared to lose all your money.”

There’s no denying that cryptocurrency is a very divisive subject, inspiring fans and critics alike to voice their opinions on its worth. Would investors be sensible to take heed of Bailey’s advice and steer clear of crypto, or would it be very naive to write it off just like that?

The ‘value’ of cryptocurrency is unclear

Firstly, Bailey is correct in saying cryptocurrencies have no intrinsic value. However, neither does the pound sterling or other fiat currencies, which only hold value due to the trust people place in the respective governments, and the fact that the relevant parties maintain or agree on their value. And although the value of cryptocurrencies can be manipulated, fiat currencies can be devalued overnight if central banks decide to print more money, for example.

That said, Bailey’s comment on extrinsic value is significant. For example, unlike fiat currencies, the fact that there is only a limited number of bitcoins means people undoubtedly place extrinsic value on the cryptocurrency. Yet the fact of the matter is that, at present, cryptocurrencies only exist to be bought and sold rather than be used in any practical capacity. As such, market value doesn’t reflect the ‘true’ value. Just look at the unbelievable rise of Dogecoin in the last few months. Although it was initially set up as a joke, it reached a market cap of over $80 billion in May (it dropped off after Elon Musk joked about it during his Saturday Night Live appearance).

Essentially, investors are speculating on coins that offer nothing in material terms, and many are doing so due to ‘Fear of Missing Out’. FOMO can trigger irrational behaviour when money is involved, and many people are seduced by stories of those who made fortunes out of cryptocurrency. We know these gambles can result in impressive profits, but the very nature of cryptocurrency makes it an especially risky asset.

Cryptocurrency volatility can be dangerous

Cryptocurrency is one of the most volatile assets around, and this is precisely why so many people are drawn to it. Huge price swings mean that investors could make hefty profits in a short space of time, but it also means that losses can accumulate just as fast. So, Bailey has a point when he says “prepare to lose all your money” — if the value of a cryptocurrency suddenly drops by hundreds or thousands of pounds, investors could be very badly burned. Only in February did Bitcoin experience its highest ever daily price drop, losing $10,000 in the space of 19 hours. There was another sharp decline in May when Bitcoin halved in just 9 days.

On the other hand, investing always comes with risk, no matter what assets are involved. Companies and even countries can go bust and cost people their investments for a number of reasons, whether that’s a poor business model or too much debt. Cryptocurrency is arguably more high-risk simply because it is an incredibly complex technology that is difficult to fully understand. Nevertheless, the rules for investors speculating on cryptocurrencies are the same as they are for other financial instruments: conduct thorough research, exercise due diligence, and never risk money they can’t afford to lose.

Regulating cryptocurrency is a serious challenge

Regulation is a big concern when it comes to cryptocurrency given the fact it can be exploited for criminal purposes like money laundering and fraud. One of the most famous examples of this is OneCoin, a Ponzi scheme promoted as a cryptocurrency that brought in approximately $4 billion worldwide according to US prosecutors. Unfortunately, cryptocurrency is very difficult to regulate, though certain countries such as China have launched measures in an attempt to crack down on crypto activities. Ultimately, governments need to strike a balance between protecting investors and consumers without hampering innovations that could have overwhelmingly positive impacts on our financial systems.

Bailey isn’t the only regulator to recently issue a warning about cryptocurrency. Gary Gensler, the newly appointed head of the US Securities and Exchange Commission (SEC), has suggested the need for greater regulatory oversight of exchanges trading crypto assets to instil more confidence. He added that he had asked Congress to consider this issue.

In the meantime, there is a lot of uncertainty surrounding cryptocurrency exchanges that investors must be aware of (this is why we do not currently offer cryptos to our customers at Trade Nation). That said, if the regulatory environment was to change, the outlook could look quite different. The best advice for anyone interested in cryptocurrency is to tread carefully, prepare for risk, and only invest within their means.

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