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CoinsHype.com- a Game Changer in the Crypto Exchange industry

CoinsHype

When buying cryptocurrencies, several things are quite important for the process to go smoothly. First, you want it to be fast. Since everything else online is moving quickly, you don’t want to miss out on anything, right?

Then, you need to make sure your crypto investing is safe, and all your private information are exactly that – for your eyes only.

When you want to buy Bitcoin, for example, those purchases are processed through the blockchain technology. In other words, each block is safely guarding all the details about you and your transactions. The key is anonymity – the blocks provide the validity for every purchase request, without revealing any private information about you.

At CoinsHype, this process is easier than ever. All you need to do is create your account completely free before starting your online trading journey. CoinsHype is designed to guide you each step of the way, so it is especially suitable for beginners. In addition, it is connected to all the biggest exchange platforms, as well as Bitcoin Miners. These systems provide extra security of all your transactions.

You can deposit the money through credit or debit cards and wire transfers. When it comes to FIAT money, CoinsHype accepts USD, EUR, and GBP. All your deposit requests are processed instantly, just make sure that you verified your account! This is necessary for the process to be completed, but also provides another level of security.

Since the entire online community of crypto buyers and investors is buzzing about CoinsHype, the platform provided another amazing feature to all its clients. Namely, they opened an additional OTC desk for high volume purchases. With that, all the transactions will be processed without a hitch and the cryptocurrencies of your choice will be on available on your account in no time!

 

How Facebook continues to thrive despite difficulties

The social media giant has had quite a successful couple of years. Despite hitting a snag with the last year’s Senate hearing of its founder, Mark Zuckerberg regarding data privacy, Facebook is still the leading social media network. Stocks are soaring high and putting the company on the head of the tech giant group, including Apple and Netflix.

Still, the social media platform faced many fines, regulatory probes and overall backlash since it first came to be. The latest concerns are related to the highly anticipated release of Facebook’s own cryptocurrency, Libra. Libra is aimed at creating a more inclusive and better-connected world of finance, where security and privacy are the number one priority.

So far, the shares of Facebook went up over 40% since the beginning of 2019. This is highly encouraging, especially after the security breach scandal of last year. Back then the stocks fell miserably by 26%, prompting investors to think twice while shinning the light on privacy concerns and political manipulations present on the platform.

It is eminent that the past troubles regarding privacy will remain an issue, or at least a major concern when it comes to release and use of Libra. Still, if and when it gets launched, Libra has high aspirations of becoming the leading currency in the crypto world. If that happens, Facebook will only confirm its dominant status on the market, and in the tech world.

One of the clearest signs that a social media platform is doing well is the increase in the number of users. For Facebook, however, the user number is growing slowly but surely. What puts it on top within this feature is an even bigger growth in users for the other apps in its property – Instagram, WhatsApp, and Facebook Messenger, with a total of 2.7 billion users.

Facebook uses other apps it owns not only to attract new users but new investors as well. All these platforms have the ability to constantly bring in more money on a daily basis. Engaging in e-commerce is perhaps one of Facebook’s smartest business ventures. Instagram, for example, has ads included in the photo feed, which is a small but quite significant e-commerce tool.

Back in June, Facebook announced it will expand its video-on-demand service, Watch. Its smart business strategies of overpowering more than one front at the time are the thing that keeps Facebook stocks solid and profitable, even in times of high market volatility.

 

Is the continuation of US-China trade talks upon us?

After another set of tariffs on $300 billion worth of Chinese goods went into action on September 1, continuing the trade talks between the two countries is highly necessary. Immediately after, the prices of clothing, shoes and other necessities went up in the US. The trade war is affecting both countries’ economies, as well as their respective currencies.

The US President Donald Trump states his principle towards the issue firmly and unequivocally – tariffs will remain for the time being. In case there is no progress in reaching a deal in the following months, escalation is expected in December with another set on the Chinese import. Furthermore, Trump warns that he would go even tougher on Beijing if the trade talks are dragged on.

As for now, Washington and Beijing agreed to hold high-level trade talks in early October. The US capital will be the center of the negotiation while the risk of a recession in the US is hanging over their heads. The urgency of the matter will require ministerial-level trade talks first, also held in Washington mid-September. China’s Vice Premier Liu He and US Trade Representative Robert Lighthizer with the US Treasury Secretary Steven Mnuchin agreed that the time has come to gather and take action in providing the best possible conditions for both countries regarding trade talks.

As a response to September 1 tariffs, China imposed new duties on US crude oil. The situation is not looking well for the US, especially considering the devastation that hurricane Dorian brought around the same time. The prices of oil soared while Dorian affected production in the Gulf of Mexico. In addition, China filed a complaint against the US at the World Trade Organization.

Along with the upcoming trade talks, the US announced it will increase the tariff rate from 25% to 30% on $250 billion worth of Chinese goods which were already affected by October 1. This will only add to the tension if the two countries gather to continue trade talks around the same time.

As for China, the country will have a busy schedule next month, starting with the National Day celebrations on October 1. The country’s officials are also planning to hold a meeting of their own to discuss improving governance and the political system, over a year after the last meeting of the sort was held.

 

Advantages

Top 3 Advantages and Disadvantages of Forex Trading

Forex market has been growing with the increase in tourism and foreign trades. It is one of the markets which is attracting a lot of traders next to the stock exchange. But as much as it can provide profits to the investors, it has its own disadvantages which will not help you make any money. Let us look at the advantages and disadvantages to figure out how profitable it can be for traders to invest in forex.

Advantages

Accessibility

One of the qualities why forex trading is attracting a large number of traders is because it is easily accessible by individual traders. Traders can set up their own forex accounts and start trading from their comfort space. Forex trading can be easily done online, and one can easily keep track of pricing, news, price charts, and strategies through online trading. The market is accessible 24 hours for 5 days a week so the traders can easily make space for forex inbetween their daily routine.

Leverage

Leverage can make small yet significant gains in trading. Chances of getting leverage in the forex market is higher than most of the other markets today. The traders can get the leverage of 100 for 1, or more, depending upon the country they are operating from.

Disadvantages

Potential for fast returns

Forex is a market with high liquidity, and one can gain instant profits with the right strategies on the first day of trading. It is a fast-moving market and requires higher leverage to benefit forex traders. A trader needs to check different markets and be able to predict future returns in the forex market than in some other markets. This way, traders can expect faster returns.

Disadvantages

Volatility

Forex market is as volatile as other markets and sometimes can turn out to me totally unprofitable. Sometimes the forex traders can get short term profits and then face extreme volatility in forex, which brings their earlier profits to nil. This can be one of the risks that the traders need to accept before investing in the forex market.

Lighter regulatory protection

Since it is an individual’s market, the security of the regulatory oversight can sometimes be limited. Traders will always have to careful of their broker’s profile before carrying out any trading activities or signing up on a trading website. Also depending upong the area they are trading from, they need to be aware of what is the current status of forex martket to make sure that their broker is trating them fairly.

 

Fewer Residual returns

Investing in stocks, real estate, and bonds often make scheduled interest and dividend payments that can enchance the value of a purchased asset for a long time. However, forex trading aims at the gains by comparing two different currencies. The profits depend upong the different in the interest rates in two countries in between which the trader is buying or selling the currencies.

Currency Trading

The History of Currency Trading and The Forex Market

Forex trading is said to have a history that goes back to the times when the currencies were of silver and gold. The Greeks and Egyptians traded the goods and coins according to their weights and size. Later during the Roman empire, the currency was centralized under a government-run monopoly, and since then the currency trading has always existed according to the monetary policies of central banks. Forex trading has become one of the biggest, most liquid and accessible trading markets in the world. Let us look at the history of forex to understand the historical events which are responsible for shaping this market.

The beginning

During 6000BC, when the currencies were not introduced, people use to trade goods for other goods. The process is known as the barter system. The system started evolving when one type of goods, such as salt and spices, became a popular medium of exchange. They became the first medium of foreign exchange as the spices were shipped to diffenet regions for trade.

Introduction of currency

In the 6th century BC, first gold coins were produced as a new medium of exchange. Ships would now sail to trade goods in exchange for a uniformed, portable and durable mode of value. The coins were easily divisible and acceptable for any kind of goods. The only drawback was the weight and limited availability. Later in the 1800s, the gold was made into a standard, and the government would redeem an amount of paper for the value of gold. But it only lasted till World War I when Europen countries had to suspend the gold standard so that they could print more money for the war. This destroyed the gold standard, and many countries faced a recession during the years of war.

Currency

The Bretton Woods System

After the first and second world war ended, the US, Great Britain, and France met at the United Nations Monetary and Financial Conference. The aim of this conference was to design a new global economic order. The Bretton Woods Conference compared the currencies of several countries so that the currencies can be adjusted in accordance with each other for fair trade purpose. The US dollar was in accordance with gold as it has the most gold reserve in the world at that time, and the other countries had to transact in the US Dollar.

Internet Trading

In the 1990s, the currency markets to another lead with the introduction if the internet. The currency markets started growing much faster as compared to past trading and forex became accessible to people while sitting back at their home. Now trading became much easier and did not require any traders, brokers, or telephones. These advances in communication gave way to capitalism and globalization and individuals today have access to all the electronic communications networks used by banks and professional traders.

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