#CircleIPO is here! 🚀 The issuer of USDC, Circle (CRCL), had a huge gain of +168% on the NYSE today! It started at $31 and ended at $83.23, which gave it a value of $18.4 billion. This IPO is a big win for crypto legitimacy in traditional markets, thanks to strong earnings in the first quarter ($578 million in revenue and $64 million in profit). Wall Street was clearly impressed by USDC's $60 billion circulation. Could this be the start of a new wave of crypto listings?
When you start trading crypto, you will often encounter three popular types: Spot, Margin, and Futures. Each has its own style, depending on whether you want to 'play it safe' or 'go all in'.
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🔹 Spot Trading This is the most basic type. You buy/sell coins at the market price and own them outright. This type of trading is simple, safe, and has no borrowing risk. The downside? The profits are not high if the market does not fluctuate much.
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🔸 Spot Margin Trading Here, you borrow additional funds to trade – for example, you have $100 but trade as if you have $500 (with 5x leverage). It can yield quick profits, but there is also a risk of 'losing your account' if the price moves against you. There are usually additional borrowing fees, and if you're not careful, the collateral can be liquidated.
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🔥 Futures Trading This is the playground for those who enjoy thrills. You do not buy actual coins but bet on whether the price will go up or down in the future. Leverage can be extremely high – up to 125x is common. Sounds enticing, but it can also 'evaporate' easily if you do not know how to manage risks.
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In summary, each form has its own advantages. If you are new, try Spot first for safety. If you want to 'climb the profit ladder', study carefully before diving into Margin or Futures. After all, it's crypto; understand the game before going all-in! 🚀
Are you a newbie looking to make a profit but don't have much knowledge about trading? Here are some effective ways to earn from stable coins
1. Simple earn - Always divide small amounts of stable coins to take advantage of favorable APR 2. Trade stable coin - Simply buy when you see it decreasing and sell when it increases, otherwise just keep earning, you will still profit 3. Staking web 3 - You can take advantage of promotional programs available in your Web 3 wallet to increase your APR percentage, however, this method also carries more risk than simple earn, so you need to consider carefully