#SouthKoreaCryptoPolicy South Korea Flag South Korea South Korea Breakdown of South Korea's Travel Rule Regulations What is the scope of the Travel Rule in South Korea? Virtual asset service providers (VASPs) involved in the following business activities must comply with the Travel Rule:
The selling or buying of cryptocurrencies;
Crypto-to-crypto exchanges;
The transferring of cryptocurrencies;
The storage or management of virtual assets.
Who is the supervisory body for VASPs in South Korea? Financial Services Commission (FSC)
What is the Travel Rule threshold in South Korea (FSC)? KRW 1 million (approxiately EUR 800)
What are the FSC's requirements for Travel Rule information to be exchanged? originator's name;
beneficiary's name;
originator's wallet address;
beneficiary's wallet address.
On request of beneficiary VASP or official authorities, the following information will have to be provided within three (3) business days:
originator's official personal document identity number,
customer identification number, or
alien card registration number.
When do you need to comply with the Travel Rule in South Korea? 25 March 2022
Which regulations are applicable to the South Korean Travel Rule? Act on the reporting and use of specific financial transactions information
Enforcement Decree of the Act on the Reporting and Use of Specific Financial Transaction Information
What else do you need to know about the Travel Rule in South Korea? All VASPs must meet the following requirements:
register with Korean Financial Regulator before they start operating
register an authorised company bank account and provide customers with their real-name accounts with the same bank.
establish expanded AML/KYC procedures using a risk-based approach, which includes customer due diligence and suspicious transaction reporting.
acquire an Information Security Management System (ISMS) certificate at the Korea Internet & Security Agency (KISA).
Understanding Cryptocurrency Transaction Fees Cryptocurrency networks rely on transaction fees to incentivize miners and validators to confirm transactions. These fees also help maintain blockchain security and deter network spam.
On networks like Bitcoin, transaction fees fluctuate based on block space demand. When the network is busy, fees increase as users compete for limited space in each block. This dynamic pricing model ensures the network remains operational, even under heavy load.
Fees also help prioritize which transactions process first. Users who pay higher fees typically receive faster confirmation times, which is crucial during periods of high traffic.
These mechanisms apply across various blockchain ecosystems, including Ethereum, where gas fees fluctuate based on activity and wallet behavior. Efficient ETH wallet management can reduce unnecessary costs. For example, institutions might employ techniques such as adjusting gas settings or timing transactions.
In addition to user demand and network conditions, fee structures may also reflect a project's governance philosophy. Some blockchains, such as Solana, aim for lower fees to promote mass adoption. Others use more complex mechanisms to adjust for validator incentives and system sustainability.
Understanding the context of each network’s fee logic gives deeper insight into why certain transactions cost more than others.
Types of Crypto Fees Clear visibility into crypto transaction fee structures helps institutions and retail traders navigate the digital asset ecosystem more effectively. Here are the primary categories:
Network Fees (Miner/Validator Fees): Paid directly to miners or validators for processing transactions. These fees fluctuate based on supply and demand.
Trading Fees: Charged by exchanges for executing buy-and-sell orders. These are usually a percentage of the trade value and may vary for makers and takers.
Withdrawal Fees: Charged when transferring crypto from an exchange to an external wallet. This can be a fixed amount or based on network fees.
#CryptoFees101 cryptocurrency out of their Binance account. Withdrawals rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion. Please check the most recent data listed on each withdrawal page. Search coin 1000CAT1000*Simons Cat Network BNB Smart Chain (BEP20) Minimum Deposit > 0.000001 Minimum Withdrawal 3.9 Deposit Fee 01000CAT Withdrawal Fee 1.95 1000CAT Network Solana Minimum Deposit > 0.00001 Minimum Withdrawal 178 Deposit Fee 01000CAT Withdrawal Fee 89 1000CAT 1000CHEEMS1000*cheems.pet Network BNB Smart Chain (BEP20) Minimum Deposit > 0.01 Minimum Withdrawal 18 Deposit Fee 01000CHEEMS Withdrawal Fee 9.25 1000CHEEMS AGLDAdventure Gold Network Ethereum (ERC20) Minimum Deposit > 0.0012 Minimum Withdrawal 6.3 Deposit Fee 0AGLD Withdrawal Fee 3.15 AGLD ATEMATEM Network BNB Smart Chain (BEP20) Minimum Deposit > 0.0015 Minimum Withdrawal 0.5 Deposit Fee 0ATEM Withdrawal Fee 0.2 ATEM Network Ethereum (ERC20) Minimum Deposit > 0.0015 Minimum Withdrawal 7.08 Deposit Fee 0ATEM Withdrawal Fee 3.54 ATEM AUDIOAudius Network Ethereum (ERC20) Minimum Deposit > 0.007 Minimum Withdrawal 74 Deposit Fee 0AUDIO Withdrawal Fee 37 AUDIO
Fees & Transactions Overview Fee Rate Invite Friends Binance does not charge deposit fees. For each withdrawal, a flat fee is paid by users to cover the transaction costs of moving the cryptocurrency out of their Binance account. Withdrawals rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion. Please check the most recent data listed on each withdrawal page. Search coin ATEMATEM Network BNB Smart Chain (BEP20) Minimum Deposit > 0.0015 Minimum Withdrawal 0.5 Deposit Fee 0ATEM Withdrawal Fee 0.2 ATEM Network Ethereum (ERC20) Minimum Deposit > 0.0015 Minimum Withdrawal 7.08 Deposit Fee 0ATEM Withdrawal Fee 3.54 ATEM AUDIOAudius Network Ethereum (ERC20) Minimum Deposit > 0.007 Minimum Withdrawal 74 Deposit Fee 0AUDIO Withdrawal Fee 37 AUDIO AVAOLDTravala.com Network BNB Smart Chain (BEP20) Minimum Deposit $USDC
#OrderTypes101 What are market orders, limit orders, stop limit orders? When trading securities and cryptocurrencies, different order types and order additions play a central role. They regulate how and when the orders - i.e. the orders to buy or sell certain assets - are executed. In this guide, we explore the different order types on the stock exchange and in crypto trading. We explain how these order types work, their advantages and disadvantages, and how you can best use them for your trading strategy.
Order types determine the execution of an order in trading securities and cryptocurrencies and represent important tools for trading. In addition to the most common order types such as market orders, limit orders and stop limit orders, there are other options for buy and sell orders.
The special features of crypto trading include margin trading and timing. So, if you want to optimise your trading strategy and minimise risks, choosing the right order type is key. What is a trade order? A trade order is an investor's order to a broker or exchange to buy or sell cryptocurrencies, securities or other financial instruments at a fixed price or at the best available conditions. It forms the basis for trading on stock exchanges.
Trade orders are crucial to implementing investors' trading strategies and achieving their goals. They ensure that transactions are executed at the best available market conditions or specific rates set by the investor. This process can be done either manually or automated via trading platforms and algorithms.
If you are interested in trading different assets, understanding the different order types and how they work can help you trade successfully in the financial markets. Market Order
Limit Order
Stop Limit Order
Stop Loss Order
Trailing Stop Order
If Done Order
One Cancels the Other (OCO)
Next Order Market order The market order is a direct buy order, which is an instruction to the broker to buy or sell a security immediately. This type of order has the highest priority and is executed immediately at the best available price.
#Liquidity101 What is Liquidity in Cryptocurrency? For any investment, one of the most important considerations is the ability to efficiently buy or sell that asset if and when the investor pleases. After all, what is the point of profit if the seller is not able to realize their gains? The liquidity of the asset will largely determine if and how much of a position a prudent investor will take in the investment – and this extends to Bitcoin and other cryptocurrencies.
Liquidity in cryptocurrency means the ease with which a digital currency or token can be converted to another digital asset or cash without impacting the price and vice-versa. Since liquidity is a measure of the outside demand and supply of an asset, a deep market with ample liquidity is an indication of a healthy market. Additionally, the more liquidity available in a cryptocurrency or digital asset, all things being equal, the more stable and less volatile that asset should be.
In other words, a liquid cryptocurrency market exists when someone is prepared to buy when you are looking to see; and if you’re buying, someone is willing to sell. It means you may buy that digital asset in the quantity that you want, take profit from a trading opportunity, or in the worst case, cut your losses should the value of the asset fall below your costs, all without moving the market dramatically. Importance of Liquidity in Cryptocurrency The cryptocurrency market is dependent on liquidity. Liquidity in cryptocurrency lowers investment risk and, more crucially, assists in defining your exit strategy, making it simple to sell your ownership. As a result, liquid crypto markets are preferred by investors and traders.
Menu › Resources › Cryptocurrency › Liquidity in Cryptocurrency Liquidity in Cryptocurrency The ease with which a digital token can be converted into a digital asset or cash without affecting its price
Written by CFI Team Reviewed by Andrew Loo Read Time 5 minutes Over 2 million + professionals use CFI to learn accounting, financial analysis, modeling and more. Unlock the essentia
#Liquidity101 What Is Liquidity? When an asset can be efficiently converted into ready cash without affecting its market value, it is considered a liquid asset. The ability to convert it quickly and efficiently is called liquidity. Consequently, the availability of cash to make such conversions is the biggest influence on whether a market can move efficiently. The more liquid an asset is, the easier and more efficient it is to turn it back into cash. Less liquid assets take more time and may have a higher cost. Understanding Liquidity Liquidity describes the degree to which an asset can be quickly bought or sold in the market at a price reflecting its intrinsic value. Tangible assets, such as real estate, fine art, and collectibles, are all relatively illiquid. Other financial assets, ranging from equities to partnership units, fall at various places on the liquidity spectrum
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Table of Contents Understanding Liquidity and How to Measure It By Adam Hayes Updated May 31, 2025 Reviewed by Thomas J. Catalano Fact checked by Yarilet Perez Definition Liquidity is the term used in finance to refer to how easy it is to convert an asset to cash and not affect its market price.
What Is Liquidity? When an asset can be efficiently converted into ready cash without affecting its market value, it is considered a liquid asset. The ability to convert it quickly and efficiently is called liquidity. Consequently, the availability of cash to make such conversions is the biggest influence on whether a market can move efficiently.
The more liquid an asset is, the easier and more efficient it is to turn it back into cash. Less liquid assets take more time and may have a higher cost.
Key Takeaways Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. The two main types of liquidity are market liquidity and accounting liquidity. Current, quick, and cash ratios are most commonly used to measure liquidity. Liquidity.
#TradingPairs101 What Is a Currency Pair? A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Currency pairs compare the value of one currency to another—the base currency (or the first one) versus the second or the quote currency. It indicates how much of the quote currency is needed to purchase one unit of the base currency. Currencies are identified by an ISO currency code, or the three-letter alphabetic code they are associated with on the international market. So, for the U.S. dollar, the ISO code would be USD. Understanding Currency Pairs Trading currency pairs is conducted in the foreign exchange market, also known as the forex market. It is the largest and most liquid market in the financial world. This market allows for the buying, selling, exchanging, and speculation of currencies. It also enables the conversion of currencies for international trade and investment. The forex market is open 24 hours a day, five days a week (including most holidays), and sees a huge amount of trading volume. Table of Contents What Is a Currency Pair? Major, Minor, and Exotic Examples By James Chen Updated May 17, 2024 Reviewed by Akhilesh Ganti Fact checked by Ariel Courage Part of the Series Forex Trading Strategy & Education What Is a Currency Pair? A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency.
Currency pairs compare the value of one currency to another—the base currency (or the first one) versus the second or the quote currency. It indicates how much of the quote currency is needed to purchase one unit of the base currency. Currencies are identified by an ISO currency code, or the three-letter alphabetic code they are associated with on the international market
#CryptoSecurity101 Is Binance Safe? Binance exchange has some of the lowest fees in the crypto industry, but is it safe to use? Let’s explore its security practices.
If you’ve ever dabbled in crypto exchange, you’re very likely familiar with Binance. It’s the single largest crypto exchange platform on the planet that offers low fees and advanced trading tools. But even though Binance has a $9.3 billion trading volume in 2023, you might still be wondering if it’s a safe place to store and trade your cryptocurrency. That’s exactly what we’ll discuss in this guide.
Note that this guide is about Binance.US, or the version of Binance available in the United States (except a few select states like New York). There is also Binance.com, which is available outside of the U.S. But this article will only mention Binance.com if it is relevant to the U.S. version.
So, is Binance safe? Binance is a safe crypto exchange. The vast majority of its crypto is stored in “cold wallets,” which are not connected to the internet. This limits losses in case of an attack to the platform. Binance also offers two-factor authentication (2FA) for login verification, real-time monitoring of suspicious wallet activity, email security notifications, and many other advanced security features. However, user error and device hacking can still compromise your Binance wallet. We suggest keeping the device you use to trade crypto protected using antivirus software. Here are three antiviruses we tested ourselves while trading crypto. Binance.US Security Practices Here are a few of Binance’s security measures that help to prevent cyberattacks:
Cold wallets. Ever since the notorious Mt. Gox hack,1 security experts have warned exchanges to always keep the vast majority of their crypto on devices that are not connected to the internet. Binance doesn’t disappoint here, as it states that the “vast majority” of its crypto is stored in cold wallets, outside of the grasp of cyberattackers. Two-factor authentication (2FA).
#TrumpVsMusk WASHINGTON, June 6 (Reuters) - U.S. President Donald Trump is not interested in talking with his former ally Elon Musk, amid a bitter feud over the president's sweeping tax-cut bill, a White House official said on Friday, adding that no phone call between the two men is planned for the day. A separate White House official had said earlier that Trump and Musk were going to talk to each other on Friday. Trump, the world's most powerful leader, and Musk, the world's richest man, launched an extraordinary day of hostilities on Thursday - largely over social media - marking a stark end to a close alliance. In pre-market trading on Friday, shares in Musk's Tesla (TSLA.O), opens new tab rose as much as 5% after the early news that the two men were scheduled to speak. Tesla had closed down 14% on Thursday, losing about $150 billion in market value in the largest single-day decline in value in the electric vehicle maker's history. Musk bankrolled a large part of Trump's presidential campaign and was then brought to the White House to head up a controversial effort to downsize the federal workforce and slash spending. The falling-out had begun brewing days ago when Musk, who left his role as head of the Department of Government Efficiency a week ago, denounced Trump's tax-cut and spending bill. The feud is complicating efforts to pass the bill, which is the president's main demand of the Republican-controlled Congress. Musk has denounced the package, which contains most of Trump's domestic priorities, as a "disgusting abomination" that would add too much to the nation's $36.2 trillion in debt. #USDC $USDC
Binance Guide: Complete Platform Overview and How to Earn Crypto and BNB Rewards
What is Binance?
Binance is the world’s leading cryptocurrency exchange by trading volume, serving millions of users across the globe. Launched in 2017, the platform has grown from a simple crypto trading exchange to a comprehensive ecosystem offering a wide range of services for both beginners and advanced crypto users.
The Binance platform provides access to hundreds of cryptocurrencies with high liquidity. Beyond basic trading, Binance offers a robust suite of products including spot and derivatives trading, staking options, an NFT marketplace, a launchpad for new projects, and an extensive Web3 and BNB airdrop ecosystem.
With its user-friendly interface, advanced security measures, and continuous expansion of features, Binance stands as a central hub for crypto enthusiasts looking to trade, invest, and engage with blockchain technology.
The exchange provides users with advanced trading features while keeping fees competitive. Join Binance here to access its full range of services.
Binance Platform Features
Binance provides a comprehensive ecosystem of crypto services designed to meet the needs of various airdrop farmers and earners besides trading. Here’s an overview of the key features available:
Binance Alpha Points: New reward system that tracks user activity to determine eligibility for exclusive token airdrops
Binance Megadrop: Token launch platform with exclusive airdrops
Simple Earn: Stake crypto assets and BNB to earn passive income
Liquidity Farming: Provide liquidity to earn fees and rewards
Launchpool: Stake tokens to farm new asset rewards
Locked Staking: Higher returns for committing to fixed terms
Step-by-Step Guide:
How to Get Started with Binance
1. Create and Verify Your Binance Account
Visit the Binance website and click “Sign Up”
Enter your email address and create a secure password
Complete the basic verification process:
Verify your email address
Set up two-factor authentication (2FA) for enhanced security
Current Price$ 103,930Price Prediction $ 116,303 (12.08%)Fear & Greed Index 45 (Fear)Sentiment BullishVolatility 2.80%Green Days 15/30 (50%)50-Day SMA $ 100,513200-Day SMA $ 87,17814-Day RSI 42.80
According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 12.08% and reach $ 116,303 by July 6, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 45 (Fear). Bitcoin recorded 15/30 (50%) green days with 2.80% price volatility over the last 30 days. Based on the Bitcoin forecast, it's now a good time to buy Bitcoin.
Investment
$
HODL Until
Potential ROI ≈ $ 727.05
Buy Now
If you invest $ 1,000.00 in Bitcoin today and hold until Aug 23, 2025, our prediction suggests you could see a potential profit of $ 727.05, reflecting a 72.70% ROI over the next 77 days (fees are not included in this estimate).
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.