Deciding

Understanding Currency Pairs and Exchange Rates

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Time Stamp: April 5, 2024 2:05 PM - Modified On: April 6, 2024 - Published By:
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Republished By Plato

In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Should I be buying stocks or index funds?

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Time Stamp: October 16, 2022 4:47 AM - Modified On: October 16, 2022 - Published By:
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Many people get overwhelmed when deciding whether to buy stocks or index funds. Both investment options have pros and cons that should be carefully considered before deciding. Here, we will lay out the facts so you can make an informed decision about which investment suits you. What are stocks? You buy a share of the company when you purchase stocks, on the hope that the share price will increase. This ownership gives you the right to part of the company's earnings and assets. If the organisation does well, your stocks

The most effective crypto day trading techniques

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Time Stamp: October 13, 2022 9:18 AM - Modified On: October 13, 2022 - Published By:
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There's no doubt that cryptocurrencies are becoming a more mainstream investment. With the rise in the value of Bitcoin and other digital currencies, more and more people are looking to get involved in trading. But what are the best techniques for crypto day trading? This article will explore some of the most effective methods for trading cryptocurrencies. Choose the suitable exchanges and trading pairs The most important aspect of crypto day trading is choosing suitable exchanges and trading pairs. There are many exchanges out there, so it is essential to

These are the new cryptocurrencies to keep an eye on in 2022

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Time Stamp: August 29, 2022 3:56 PM - Modified On: February 26, 2024 - Published By:
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As cryptocurrencies become more mainstream, new cryptocurrencies are popping up on the market every day. 2021 has already been an extremely successful year for cryptocurrencies and once again proved that they are not a dream bubble to be laughed at. There are currently a lot of new cryptocurrencies that are on their way onto the market. Which ones were really worth investing in? Of course, you can only find out about this and more from us. 1. Lucky Block (LBLOCK) Lucky Block could almost be described as an unlicensed casino

Paribus (PBX) Announces Multichain Integration and Partnership

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Time Stamp: August 25, 2022 5:03 AM - Modified On: August 25, 2022 - Published By:
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Miami August 2022. As our regular readers know we’ve been using the extra time our testnet deployment afforded us to equip Paribus with the optimal conditions for our mainnet launch. As part of that process, we’re absolutely thrilled to share with the community that we’ve partnered with Multichain so that our PBX token can now be bridged to Arbitrum, Milkomeda, and Polygon. Cross-chain interoperability has always been at the heart of everything we hope to achieve and it’s incredible that we’ve already reached this milestone. Development teams from both Paribus