Claudie Bracamontes FaL9
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#TradingOperations
Spot Trading
•What it is: Buying or selling crypto at the current market price (“on the spot”).
•Use: Common for traders who want immediate ownership of assets.
•Example: Buying $BTC at $65,000 to hold or sell later.
Convert (Swapping)
•What it is: Instantly exchanging one crypto for another (e.g., $BTC to $ETH ) at current market rates.
•Use: Fast, simple, and no need for charts or order books.
•Example: On Binance, convert 1 BTC to ETH in seconds without fees or slippage concerns (usually for small trades).
3. Arbitrage
•What it is: Profiting from price differences across platforms or markets.
•Types:
•Spatial arbitrage: Buy BTC on Binance at $65,000, sell on Coinbase at $65,100.
•Triangular arbitrage: Exploit pricing gaps between three crypto pairs (e.g., BTC → ETH → USDT → BTC).
•Risk: Timing, fees, and slippage can reduce profits.
Spot Trading
•What it is: Buying or selling crypto at the current market price (“on the spot”).
•Use: Common for traders who want immediate ownership of assets.
•Example: Buying $BTC at $65,000 to hold or sell later.
Convert (Swapping)
•What it is: Instantly exchanging one crypto for another (e.g., $BTC to $ETH ) at current market rates.
•Use: Fast, simple, and no need for charts or order books.
•Example: On Binance, convert 1 BTC to ETH in seconds without fees or slippage concerns (usually for small trades).
3. Arbitrage
•What it is: Profiting from price differences across platforms or markets.
•Types:
•Spatial arbitrage: Buy BTC on Binance at $65,000, sell on Coinbase at $65,100.
•Triangular arbitrage: Exploit pricing gaps between three crypto pairs (e.g., BTC → ETH → USDT → BTC).
•Risk: Timing, fees, and slippage can reduce profits.
#BinancePizza Binance is hosting pizza parties in cities worldwide, including Johannesburg, Sydney, Barcelona, São Paulo, and Buenos Aires. These events offer free pizza, games, crypto-themed activities, and networking opportunities for the crypto community. In South Africa, the celebration featured a mobile pizza van delivering pizzas to the community.  
#CryptoRegulation 🇬🇭 Ghana: Draft Crypto Regulations Introduced
On August 16, 2024, the Bank of Ghana (BoG) released draft regulations to oversee digital assets and virtual asset service providers (VASPs). Key points include: 
•Mandatory Registration: VASPs must register with the BoG or the Securities and Exchange Commission (SEC), depending on their services. 
•Compliance Requirements: Registered entities are required to adhere to anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, including the Financial Action Task Force’s (FATF) Travel Rule. 
On August 16, 2024, the Bank of Ghana (BoG) released draft regulations to oversee digital assets and virtual asset service providers (VASPs). Key points include: 
•Mandatory Registration: VASPs must register with the BoG or the Securities and Exchange Commission (SEC), depending on their services. 
•Compliance Requirements: Registered entities are required to adhere to anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, including the Financial Action Task Force’s (FATF) Travel Rule. 
$BTC : The price is likely on its way to the $105,000 resistance level. $105,700 is the 100% extension target, which could be tested in wave c of (B).
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