#SouthKoreaCryptoPolicy Starting from June 2025, non-profit organizations and cryptocurrency exchanges in South Korea will be allowed to trade digital assets without transaction fees. This innovative policy was finalized during a recent meeting of the Virtual Assets Committee in Seoul, marking a turning point for the South Korean crypto sector.
#CryptoCharts101 Reading charts on a cryptocurrency exchange is the process of analyzing and interpreting price change charts of cryptocurrencies, which helps traders and investors make informed decisions about buying and selling. On a cryptocurrency exchange, various types of charts can be used: line charts, bar charts (candlesticks), and others. Elements of cryptocurrency charts: Price lines: Connect data about the price of a cryptocurrency at different points in time. Candlesticks: Show the opening, closing, minimum, and maximum prices over a certain period of time (for example, 1 minute, 1 hour, 1 day). Trading volume: Shows the amount of cryptocurrency traded over a certain period of time. Indicators: Additional tools that help identify trends and other market tendencies (for example, moving averages, relative strength index (RSI), MACD). Analysis tools: Tools for drawing lines, channels, shapes, and other elements that help analyze charts.
#TradingMistakes101 Common mistakes traders make on cryptocurrency exchanges include the lack of strategy and risk management, emotional decisions and the inability to control fear and greed, as well as misjudging risks and neglecting market analysis. Detailed examination: Lack of strategy and risk management: Traders often do not have a clear trading strategy and do not apply effective risk management methods, leading to unwarranted losses. Emotional decisions: Emotions such as fear and greed can cloud judgment and lead to erroneous decisions, especially in conditions of high volatility. Misjudging risks: Traders often underestimate potential risks or do not fully take them into account, which can lead to significant losses. Neglecting market analysis: The absence of technical and fundamental analysis, as well as a lack of understanding of market trends and factors affecting cryptocurrency prices, can lead to incorrect decisions. Too large positions: Trading with large positions that exceed acceptable risk can lead to significant losses, especially in unstable market conditions.
#CryptoFees101 Commissions on cryptocurrency exchanges play a role in payment for the services provided by the exchange and allow it to operate. They cover the costs of maintaining infrastructure, ensuring security, and other operational expenses. Role of commissions in cryptocurrency exchanges: Profit for the platform: Commissions are the main source of income for cryptocurrency exchanges. They allow them to sustain their operations and development. Ensuring functionality: Payment of commissions helps cryptocurrency exchanges cover the costs of maintaining infrastructure, ensuring security, and other operational expenses. Market discipline: Commissions can encourage more cautious and strategic decision-making regarding trading, as they add a cost factor to each transaction. Protection against wrongful actions: The presence of commissions can deter those attempting to use cryptocurrency exchanges for wrongful actions, such as money laundering.
#CryptoSecurity101 Security on cryptocurrency exchanges is an integral part of using cryptocurrency. To ensure security, it is necessary to use strong passwords, two-factor authentication, be cautious about phishing attacks, and check the reputation of the exchange before use. Strong passwords and two-factor authentication: Strong password: Create complex passwords that consist of uppercase and lowercase letters, numbers, and symbols. Two-factor authentication (2FA): Enable 2FA on the exchange and use accounts that support it. This adds an additional layer of protection beyond the password. Two-factor authentication in the wallet: Enable 2FA in the wallet (if supported).
#TradingPairs101 The choice of trading pair on the exchange depends on your investment strategy and goals. For beginners, it is better to choose pairs with high liquidity and well-known assets, such as Bitcoin/USDT or Ethereum/USDT. Experienced traders may experiment with riskier and more speculative pairs, but it is important to remember that this requires a deeper understanding of the market and risks.
#Liquidity101 Liquidity on the exchange refers to the speed and ease with which an asset can be bought or sold at a fair price without significantly impacting its value. The higher the liquidity, the faster a transaction can be executed and the desired price obtained. More details: What is liquidity? Liquidity is the ability of an asset to be quickly converted into cash or another asset. This means that an asset can be easily bought or sold without significantly affecting its price. Why is liquidity important? High liquidity on the exchange allows assets to be traded without the risk of a significant price change when buying or selling a large quantity. How is liquidity measured? Liquidity in cryptocurrency markets is measured by trading volume. The higher the trading volume, the greater the liquidity.
#OrderTypes101 Different types of orders are used on exchanges for trading operations. The main ones are market (Market), limit (Limit), stop orders (Stop Order) and their modifications, as well as orders based on their duration. Main types of orders: Market Order: Executed at the first available price in the market. This guarantees execution but does not guarantee the price. Limit Order: Executed at the specified price or better. Does not guarantee execution but can guarantee the price. Stop Order: Activated (converted to a market or limit order) when a certain price (trigger price) is reached. Used to protect against losses or to secure profits. Stop-Limit Order: Activated when the trigger price is reached, after which it converts to a limit order. Stop-Market Order: Activated when the trigger price is reached, after which it converts to a market order.
#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two main types of exchanges used for trading cryptocurrencies. CEX is a centralized exchange where users open accounts and store their funds and cryptocurrencies on the platform. DEX is a decentralized exchange where trading occurs directly between users using smart contracts on the blockchain.
#TradingTypes101 Спотова торгівля криптовалютами – це купівля або продаж активу на спотовому ринку за поточною ринковою ціною з негайною поставкою. Маржинальна торгівля криптовалютою – це використання позикових коштів для оплати угоди. Ключова відмінність маржинальної торгівлі від спот-торгівлі полягає в тому, що маржинальна торгівля використовує кредитне плече. Спотова торгівля простіша, але маржинальна торгівля може, за певних обставин, збільшити прибуток. Однак кредитне плече – це палиця з двома кінцями, оскільки воно також може збільшити збитки.
#ETH🔥🔥🔥🔥🔥🔥 In the last week, Ethereum funds saw an influx of $321 million, bringing the total inflow over 6 weeks to $1.19 billion. ETH has become the main magnet for capital, while Bitcoin and XRP are experiencing outflows. What this means: * Institutions are clearly betting on Ethereum in the new cycle. * Bitcoin is no longer the only "safe-haven asset" in the crypto market. * XRP is losing ground: a second consecutive week of decline.
#Ethereum BlackRock acquired ETNs worth $52.8 million, signaling strong institutional interest in Ethereum. Additionally, spot ETF ETNs recorded a net inflow of $58.63 million on May 23, marking six consecutive days of inflow.
#Vaulta Web3 banking means the integration of blockchain technology and decentralized finance (DeFi) principles into traditional banking systems. This approach aims to provide more secure, transparent, and accessible financial services. Vaulta is a platform that offers Web3 banking solutions, allowing users to manage their digital assets and access DeFi services. Some key features of Vaulta's Web3 banking solutions include: 1. Digital asset management 2. Decentralized lending and borrowing 3. Yield generation 4. Secure storage solutions Web3 banking platforms like Vaulta are changing the way people interact with financial services, offering more control and flexibility.