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Showing posts from May, 2019

what is margin trading & what is buying on margin

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Margin Trade With margin trading, you can buy a big lot of shares despite not having enough funds to afford the same by borrowing the funds from your broker. This can be done by paying a margin, which is a small part of the total value of the shares bought. This margin can be settled later when you square off the position. If your profit is higher than the margin, then you make a profit on the trade else you lose money. The amount of margin paid and the repayment duration varies for different stock brokers. But for margin trading, you need to first open a margin account with your broker. To open a margin account, you need to place a request with your broker and might require you to pay an amount beforehand. This amount paid to open a margin account is called minimum margin. You have to maintain this minimum margin throughout in your margin account. In case you fail to maintain the minimum margin in the account, the trade automatically gets squared off. Squaring off is mandat...

What Coin Does Trezor Support

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What Coin Does Trezor Support? Here is the list of Trezor-supported cryptocurrencies along with my insights on these coins. 1. Bitcoin (BTC)-  This is a must-have coin in your portfolio. I would say you should have BTC as 40-50 % of your portfolio because being the pioneer  cryptocurrency , it is the most dominant one. 2. Bitcoin Cash (BCH)-  A fork of Bitcoin as you know but for a different use case. I would advise you to just HODL of it if you got BCH at the time of fork because it is certainly going to survive and will have good value in future. But don’t fall prey to its PR games where it tries to claim that BCH is the actual BTC. 3.  Litecoin  (LTC)-  This is a must-have coin in your portfolio for 5-10 % because being a copy of Bitcoin with improved block timing, a different proof of work and different supply Litecoin has always served as a testbed for Bitcoin’s future implementations. So it is also here for the long term. 4. Ethereum (E...

What is Blockchain Wallet

What is Blockchain Wallet? Blockchain Wallet is a digital wallet platform developed by the Luxembourg-based software development company, Blockchain. Accessible from web or mobile devices, Blockchain Wallet makes it easy for anyone to transact securely with bitcoin and Ether through a clean, intuitive user-interface. Some of the core features of Blockchain Wallet include the following: A built-in “Security Center” that guides you through the steps you can take to secure your account, backup funds and prevent unauthorised access. Partnerships with trusted exchanges make buying and selling cryptocurrencies directly from your personal Blockchain wallet quick and easy. Flexibility to adjust transaction fees in accordance with priorities. Compatible with: iOS Android Web How much does it cost? Blockchain Wallet is completely free to use. You will, however, be charged a small transaction fee each time cryptocurrencies move in or out of your wallet. Blockchain Wallet’s...

cryptocurrency bloges

Cryptocurrencies hold the promise of making it easier to transfer funds directly between two parties in a transaction, without the need for a trusted third party such as a bank. In modern cryptocurrency systems, a user’s “wallet”or account address , has the public key and private key is used to sign transactions. Funds transfers are done with minimal processing fees. The first blockchain based cryptocurrency was Bitcoin, which still remains the most popular and most valuable. There are thousands of alternate’s cryptocurencies with various functions or specifications.