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I would check
If you hold Bitcoin BTC and want yield -> NEXO
If you hold Ethereum ETH and want yield -> Lido Finance or Kraken
Remember that all of the above examples introduce counterparty risk.
For example, before you deposit to Nexo you should be aware of Celsius, BlockFi, and other similar companies that failed.
It's up to each other if they believe the interest rate or staking reward is worth the risk taken.
If you are about to deposit into 3rd party companies, make sure you don't deposit 100% of your funds into 1 single company at least.
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Take note also that some traders are taking advantage of this funding rate, and some of them are making money because of the funding rate, I am not sure how they can do it but that is common I can see in some discussions of traders.
Maybe funding arbitrage where you will use more than 1 exchange, where you can open long and short trade positions on separate exchanges while the funding rate is different will make you profit off the funding rate.
Perpetual contracts are derivatives designed to track (or peg) the spot price. So, if buyers push the perpetual contract up in price something has to be introduced to push the price against the spot price again. Here, perpetuals are designed so the short sellers are getting paid (by long takers paying the funding rate) to take a position to push the price down again toward the spot price. Here, traders who are going to take a short position anyway can take advantage of getting paid by taking a short position. |
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Are you looking for futures trading from the US?
If so, check BTCC and BYDFi
If you are looking for non-KYC, MEXC Global has the most generous withdrawal limits.
If you want to go for a DEX I think GMX still doesn't require KYC
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MEXC Global has the most generous non KYC withdrawal limits
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If you are looking for CEX
MEXC Global has the most generous non-KYC withdrawal limits
For DEXES
GMX
Apex Pro
QuickPerps
dYdX
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Kraken - Good site for US traders
BTCC - Good site for US traders looking for futures and leverage trading. Great signup bonuses
Binance - Probably the best overall crypto trading site but doesnt allow US traders
Bybit - Great trading platform for perpetual trading. Great signup bonus
Bitget - A new upcoming and challenging platform. A lot of focus on copy trading
MEXC Global - Appreciated for high non-KYC withdrawal limits
Any site can fail for a numerous of reasons, self-custody is always the number one choice to store you cryptocurrencies.
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Always start with spot trading.
If you want to try leverage trading after this, start with leveraged tokens (no liquidation risk)
Always remember, leverage trading is for short-term gambling and not long-term investing. Your funds will get wiped out from fees and volatility decay if you hold leverage positions for long time.
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Traders are only liable for funding payments in either direction if they have open positions at the pre-specified funding times. You are not liable for any funding if you do not have a position. If you close your position before the funding time, you will not pay or receive any funding.
Its not about you holding the contract for 8 hours, you must close it before the pre-specified funding times.
Also, remember due to the design of perpetual contracts and funding rates you can end up getting paid the funding rate
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I have been trying different kinds of sources to generate passive income from cryptocurrencies
What did I use?
- Interest accounts from Nexo, Celsius, Crypto_com, BlockFi, Swissborg, YouHodler, Nebeus, BTCpop
- Liquidity providing on Uniswap and Pancakeswap
- Staking on Binance, Kraken, Binance chain, Mycointainer, Matic, Perpetual Exchange, Synthetix, 1inch
- Cloud mining from Genesis Mining, ViaBTC, Hashmining24
- Yield farming on Pancakeswap, Pankcake Bunny
What do I still use and why?
Nexo because they have good interest in Stellar XLM and Ripple XRP (up to 8%)
Celsius because they have a good yield on Matic (around 10-14%) and BAT (around 3.5%)
Binance because they have so many different earning products, including staking on ADA and DOT
Crypto_com because they have the best interest rate on Bitcoin for the moment (up to around 8%)
Swissborg because they have great interest rates for USDC (up to 14%) and ETH (up to 7.5%)
Uniswap because there is a great yield on some liquidity pools like YFI/ETH, LINK/ETH, COMP/ETH. Remember to understand the risk of impermanent loss here.
Synthetix because they have a platform with great potential and great interest rate (around 30%)
Perpetual Exchange because they have a platform with great potential and great interest rate (around 95%)
Kraken because they have a great reputation regarding security and regulation (not the best rates though)
Matic because the project is great and the interest is great
1inch because the project is great and the interest is great
What did I stop using and why?
Cloud mining because the business model is very hard to review and historically it's very hard to be profitable
Pancake Bunny just suffered from a hack. However, it might be time to consider joining there now again because they have improved
Nebeus, YouHodler, and BTCpop I just stopped using because it's hard to have too many platforms to keep track of.
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Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.
Binance is the best crypto exchange if you are from outside the US. If you are from US, Coinbase, Kraken or Gemini are good. Why is Binance the best crypto exchange? 1. Binance has the most trading volume 2. Binance has the lowest fees. Get even lower fees with this code: YZCT9493 3. Binance has the best trading features 4. Binance has great liquidity, low slippage and tight spreads You can read more about Binance in this Binance review on Cryptocointrade. |
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Hi there,
I hope I am posting into the right section. I did a few futures leverage trades on Binance never above 4x. I wanted to ask if traders keep a long position open for over weeks and months? If yes are they paying many fees? With which option it is the best to open a position which you may want to keep open for a very long time?
I heard to use the option "post only". But I am not an advanced leverage trader so i would be very thankful for some insights and tips.
If i go with the option isolated then in the case of liquidation only my initial margin will be lost right?
thanks for any help or tips
tred
The simple answer is NO. Leverage trading is for short period of times like hours and days. Maximum weeks. Why? You need to understand these concepts to know why 1. The difference between isolated margin and cross margin 2. The volatility decay 3. The fees charged to keep the leveraged position (Margin interest fees) 4. Settlement interval |
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I would suggest earn.com where you can earn while you learn. this site is own by Coinbase  |
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it is so funny to see some of the names in the picture the starter posted considering that they were talking so negatively about bitcoin not so long ago. like the stuff JP morgan was saying about bitcoin and how it is going to die. now they are all predicting some high price and all at random numbers without any speculation since they seem to just want to be on the band wagon and nothing else.
Sooo true. I just read Bloomberg did make a prediction of $400.000. |
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One thing you need to consider is this. This rally seems to be over-extended anyways however another leg up or two is possible. However keep in mind that if everybody is at least expecting >$100K most likely it won't happen. Well it might but not in the way most people think.
I think there is going to be massive selling pressure at $100K because its where most people want to take profit. Especially the people that bought at $20K. So there is a good chance that it might come close to $100K like $90K and head back down. Then we might get some mini bear market where it retests $30K or $20K and then in a year or two it might break $100K.
Right now there is just way too much bullish people and in the end you know how it ends up.
Yes I agree. However, the reach to $100.000 will not come from anywhere. There have to be big announces from either Apple, Netflix, Blackrock or something with the same dignity. Imagine a situation where 1-2 big players announcing Bitcoin buys and at the same time some central banks are raising the interest rates... What will happen? Will people sell stocks to fiat or sell stocks to crypto I dont know... |
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Interesting, but are all major predictions over $100,000? Because I feel like the predictions under $100k are missing.. Anyway, very interesting to see many big corporations and names predicting large sums over the next few years. Although I think JPMorgan's is very modest, considering we are eight years away from 2029.. yet we're already almost half-way their prediction.. And we all know how much BTC can move within 8 years  Thanks for the comment. The correct time estimation for JPMorgan is "longterm". I have changed it in the text format now. Its harder to change it in the graph  Also, can you link price predictions under $100.000 for at least half-year ahead? I didnt find any good ones... |
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You should add the source to the information explicitally. There’s a weird habit of leaving it out, which will lead to surprises in the short term: https://www.cryptocointrade.com/fundamental-analysis/top-5-bitcoin-price-prediction-charts-for-bitcoin-halving-2020/bAdditionally, one should at least provide something of their own on the content (i.e. opinion, criticism, question, scepticism, whatever …). I’ve been seeing so called predictions for some years now, mostly way above market price for what was expected. Probably, most of them are wishful thinking, with the hope of seeding in people’s minds large figures in self-benefit. Some will obviously get it right, but it’s pretty much a guessing game. Thanks for the comment. I agree that it is a guessing game. That is why it is interesting to see many guesses. By analyzing, or collecting, several guesses you can create your own opinion. In the end of the day the Bitcoin price will be whatever we think / want it to be. There is no single authority that can manipulate it (maybe in short-term). |
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 Name
BitBoy
Coinbureau
PlanB
JPMorgan
CryptoBirb
PrevisioniBitcoin
APompliano
Michael Saylor
Max Keiser
Mike McGlone
Dan Morehead
Winklevoss
Crypto-Rating
DigitalCoinPrice | Bitcoin Price
306000
100000
288000
146000
120000
245000
550000+
500000+
220000
170000
115000
500000
488000
170000 | Year
2021
2022
2022
Longterm
2022
2022
Longterm
Longterm
2022
2023
2021
2022
2025
2025 | Source
Allcoinpredictions
Coinbureau
PlanB Twitter
Coindesk
Allcoinpredictions
PrevisionIbitcoin
APompliano Twitter
CNBC
Anycoindirect
Anycoindirect
Anycoindirect
Anycoindirect
Crypto-rating
Digitalcoinprice |
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I agree, I dont like demo accounts.
Trading is not about learning click on a mouse.
Its all about manage and control your fear and your greed.
At the same time you need to understand market movements and the fundamentals behind.
A demo account will not teach anything of this but can actually ruin your ability to control fear/greed since you will learn trading without those.
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Everybody has to start somewhere so, Yes, anyone can start trading without experience
Also remember, trading is not for everyone. You need to control and weigh fear against greed all the time.
I would recommend to start trading with Morpher.
Why?
1. You get 100 MPH tokens for free (real tokens). They are worth about $4 today
2. Their trading platform is very easy to understand
3. You can trade with a real account (Many people prefer to start with a demo account but you cant learn about controlling your fear/greed in a demo account)
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The best way to stake it if you dont have 32 ETH is with Binance.Also, if you dont have the technical skill you can stake with Binance Reward period begins: 2020/12/02 0:00 AM (UTC) Minimum stake amount: 0.0001 ETH Staking APY: 5%-20%, based on actual on-chain staking income Reward calculation: During the ETH 2.0 staking period, BETH rewards will be distributed daily based on user BETH holdings. In the future, if BETH is made available for trading, users will be able to trade between ETH and BETH freely. (Note: The trading price is determined by the market, and the spread caused by the transaction shall be borne by users). Read the full article about how to stake ETH 2.0 with Binance |
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