capoeira (OP)
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May 16, 2023, 10:28:12 AM |
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crypto-winter good time to trade Forex
It goes without saying that forex trading is always more profitable than crypto trading, but if bitcoin withdrawal and deposit systems are added to forex trading, forex trading will be several times more powerful and profitable. As Cryptocurrencies are gaining popularity all over the world right now if Bitcoin/Crypto is added to Forex trading then Bitcoin along with Fiat, Hedge fund will make the platform doubly strong. While the addition of Bitcoin withdrawal and deposit systems to forex trading can provide additional opportunities and potentially enhance the platform's offerings, it is important to note that the overall impact on profitability and strength of the platform may vary. While cryptocurrencies, including Bitcoin, are gaining popularity globally, it is crucial to consider various factors such as liquidity, regulatory compliance, and risk management when integrating them into forex trading.
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LDL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2023, 11:44:51 AM |
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While the addition of Bitcoin withdrawal and deposit systems to forex trading can provide additional opportunities and potentially enhance the platform's offerings, it is important to note that the overall impact on profitability and strength of the platform may vary. While cryptocurrencies, including Bitcoin, are gaining popularity globally, it is crucial to consider various factors such as liquidity, regulatory compliance, and risk management when integrating them into forex trading.
- There are many benefits to using Bitcoin in Forex trading, the most notable of which is that Bitcoin has gained global acceptance.
- Using Bitcoin in forex trading is very secure in terms of security as Bitcoin transactions maintain extensive security measures.
- In the case of forex trading, withdrawal and deposit systems are equally accepted in all countries of the world, in this case people's interest in local currency decreases.
After all, forex trading is several times more profitable than normal cryptotrading if all aspects of forex trading include bitcoin.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Bitcoin_people
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2023, 12:47:28 PM |
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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capoeira (OP)
Legendary
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Activity: 2413
Merit: 1003
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May 16, 2023, 02:06:38 PM |
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While the addition of Bitcoin withdrawal and deposit systems to forex trading can provide additional opportunities and potentially enhance the platform's offerings, it is important to note that the overall impact on profitability and strength of the platform may vary. While cryptocurrencies, including Bitcoin, are gaining popularity globally, it is crucial to consider various factors such as liquidity, regulatory compliance, and risk management when integrating them into forex trading.
- There are many benefits to using Bitcoin in Forex trading, the most notable of which is that Bitcoin has gained global acceptance.
- Using Bitcoin in forex trading is very secure in terms of security as Bitcoin transactions maintain extensive security measures.
- In the case of forex trading, withdrawal and deposit systems are equally accepted in all countries of the world, in this case people's interest in local currency decreases.
After all, forex trading is several times more profitable than normal cryptotrading if all aspects of forex trading include bitcoin. Indeed, there are several benefits to using Bitcoin in Forex trading, with global acceptance being a significant advantage. Bitcoin's widespread recognition and adoption make it an appealing choice for traders seeking to diversify their portfolios and participate in the growing crypto market. The global acceptance of Bitcoin contributes to its liquidity and availability across different trading platforms, providing traders with more opportunities and flexibility in their Forex trading activities.
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Dimitri94
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2023, 04:32:40 AM |
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I have seen many friends around me in Forex Trading, but at present, with the popularity of crypto, They are now conducting trading but they deserve Crypto has got a big receptive market worldwide. They think if the crypto can be adopted on the forex trading platform and users can deposit/withdraw than the Forex platform can be stronger. I believe today or the tomorrow Forex and Crypto will be co operative to each other. This will definitely need to expand their business.
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GigaBit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2023, 05:47:56 AM |
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While the addition of Bitcoin withdrawal and deposit systems to forex trading can provide additional opportunities and potentially enhance the platform's offerings, it is important to note that the overall impact on profitability and strength of the platform may vary. While cryptocurrencies, including Bitcoin, are gaining popularity globally, it is crucial to consider various factors such as liquidity, regulatory compliance, and risk management when integrating them into forex trading.
- There are many benefits to using Bitcoin in Forex trading, the most notable of which is that Bitcoin has gained global acceptance.
- Using Bitcoin in forex trading is very secure in terms of security as Bitcoin transactions maintain extensive security measures.
- In the case of forex trading, withdrawal and deposit systems are equally accepted in all countries of the world, in this case people's interest in local currency decreases.
After all, forex trading is several times more profitable than normal cryptotrading if all aspects of forex trading include bitcoin. Indeed, there are several benefits to using Bitcoin in Forex trading, with global acceptance being a significant advantage. Bitcoin's widespread recognition and adoption make it an appealing choice for traders seeking to diversify their portfolios and participate in the growing crypto market. The global acceptance of Bitcoin contributes to its liquidity and availability across different trading platforms, providing traders with more opportunities and flexibility in their Forex trading activities. We generally consider the king of the trading platform is Forex Trading which many of us known as FX. I have been associated with it since 2007. In the Forex market an average trading volume more than 5 trillion dollars per day. By this trading volume we can assume what a big trading platform it is? I agree with you if bitcoin is added to Forex trading trader will be able to diversify their portfolio. Bitcoin has shown its past behavior globally. Which will make their portfolio more attractive. Since Bitcoin transactions are included in the blockchain ledger, it provides transparency to transactions which will help reduce the risk of fraudulent activity by traders in Forex trading. Moreover, Bitcoin will play a major role in facilitating faster transaction process for Forex traders as well as reducing the transaction fees that a Forex trader incurs. As Bitcoin is decentralized it does not require any intermediaries. As a result, a user can easily deposit with Bitcoin from anywhere in the world. In this way a user can easily express his interest to enter the Forex market. Users will get various facilities by accessing to withdraw or deposit money through the use of Bitcoin.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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gabbie2010
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May 17, 2023, 06:26:24 AM Last edit: May 17, 2023, 09:41:54 AM by gabbie2010 |
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@capoeira based on your recommended Regulated and Unregulated forex brokers with crypto deposit and withdrawal, I choose Simple FX as my preferred choice and registered with them in 09/09/2020 made my first Bitcoin deposit for trading thereafter started trading forex pairs, however due to fluctuation in the price of deposited Bitcoin on my trading account I switched over to USDT for deposit and withdrawal, so far I had never had any issues with the broker, deposit and withdrawal is swift and fast transactions, and their customer care response replies complains without delay and I haven't done any full physical verifications yet though my deposited trading fund is a small amount of fund. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F05%2F17%2FScreenshot_20230517-073004_3b9a070c0897196c5.jpeg&t=665&c=I7Qtll6WAiTquw)
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Rigon
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May 17, 2023, 09:32:31 AM |
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Basically we all use Euro, USD, GBP for forex trading. All these currencies are mainly used to reduce a lot of risk in forex trading. USD dollar which will never perish and if you want to destroy this US dollar, you must destroy the United States. So Forex trading is a completely safe trading system. In forex trading system when we trade by increasing the sell order in anticipation of rising USD, our sale is completed when the price of USD rises. The profit I made by selling here is profit generation in forex trading. In the same case, if we trade using bitcoin in forex trading, the volatility of bitcoin price can generate huge amount of money here. So Bitcoin is very suitable for profit generation in Forex trading. Since Bitcoin is traded in all countries, I think people from all countries can use Bitcoin for forex trading.
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EarnOnVictor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2023, 10:21:55 AM Last edit: July 30, 2023, 09:43:56 AM by EarnOnVictor |
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@capoeira based on your recommended Regulated and Unregulated forex brokers with crypto deposit and withdrawal, I choose Simple FX as my preferred choice and registered with them in 09/09/2020 made my first Bitcoin deposit for trading thereafter started trading forex pairs, however due to fluctuation in the price of deposited Bitcoin on my trading account I switched over to USDT for deposit and withdrawal, so far I had never had any issues with the broker, deposit and withdrawal is swift and fast transactions, and their customer care response replies complains without delay and I haven't done any full physical verifications yet though my deposited trading fund is a small amount of fund.
I don't know the gimmicks you guys are playing here but one thing is certain in my long years of trading, there is no forex broker that can beat the service of exchanges as far as cryptocurrency is concerned. If you want to trade FX, Commodity, Energy market, CFD and many more, choose an FX broker. But if you are trading Cryptocurrency, choose an exchange. These are my reasons; 1. Forex brokers will kill you with high spreads. Where exchanges charge less than $1, they might charge over $15 in some cases. 2. You will be forced to pay a swap (daily rollover charges), which could be annoyingly high at times and increases as the trades tarries. 3. Be prepared for manual withdrawal execution as only a little fraction of FX brokers honour automatic withdrawal (maybe 0.5% of them), and your withdrawal could be delayed more than a week at times with some of them. 4. Although withdrawal shouldn't be a problem for a good forex broker, a lot of complaints about many of them still fulls the internet. The withdrawal of an amount higher than $500 become a problem for them, something that is nothing to exchange. This is why a thorough search for a good broker is advised as regulation might not save you here.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Dimitri94
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2023, 12:34:19 PM |
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FXchoice is a great broker
Agreed on your thought. This broker is very suitable for Forex and CFD trading. It is gained huge popularity since 2010 and is currently one of the best brokers. Everyday FXchoice perform near about 15,000 transactions per day. It hosts 40 exchange pairs. It supports Bitcoin Lite Coin and Ether. By your valuable info i try to research on it and decide to open an account. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F17%2FChoice-FX5e78c33d29819573.png&t=665&c=dSsYqQCl9Ofj7A) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F17%2FDimtiri94f43384441026f748.png&t=665&c=PiU1Mt2k4cu4Aw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F17%2FFX-choice-021f2278f7f32bb1f80.png&t=665&c=RBs0HeWBnZQd5A)
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Bitcoin_people
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May 17, 2023, 03:41:41 PM |
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The Forex market is the largest market in the world and is open 24 hours a day and 7 days a week. This forex trade has become quite dynamic when the new bitcoin currency is added. Many brokers in forex accept Bitcoin for currency trading and also accept various cryptocurrency currencies here. So one should start hard-mining and using bitcoins in the forex market. But before trading forex you must know the risks and benefits. ∆ The forex market is primarily dedicated to trading the world's currencies. ∆ The forex broker now accepts bitcoins and other cryptocurrencies. ∆ Bitcoin trading benefits from anonymity and a decentralized valuation system and represents. ∆ Forex trading adds a new level of risk that is exacerbated by the extreme volatility of cryptocurrencies.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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Patrol69
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
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Axioma Holding - Axioma Pay Crypto Card
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May 17, 2023, 03:56:47 PM |
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I came to know about this trading platform quite some time ago and I got interested in this trading platform. So I opened an account on Forex trading platform and made regular observation for some time. After observing this trading platform for a long time, I am sure that Forex trading platform is really a great trading platform. What I find most interesting here is the facility of trading with Euro, USD, GBP. That is, people of all countries can easily manage their trading activities through this. And so far by observing this trading platform I feel that forex trading platform is very safe to keep money and here you can keep your money safely without any risk.
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Bd officer
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May 17, 2023, 05:18:38 PM Last edit: August 27, 2023, 03:24:22 PM by Bd officer |
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delete
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gabbie2010
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May 17, 2023, 05:23:20 PM |
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I don't know the gimmicks you guys are playing here but one thing is certain in my long years of trading, there is no forex broker that can beat the service of exchanges as far as cryptocurrency is concerned. If you want to trade FX, Commodity, Energy market, CFD and many more, choose an FX broker. But if you are trading Cryptocurrency, choose an exchange.
I am not using the forex broker (SimpleFx) to trade cryptocurrencies of course rather I am only using it to trade forex pairs only, I am fully aware of using exchange to trade cryptocurrency pairs instead of forex brokers. These are my reasons;
1. Forex brokers will kill you with high spreads. Where exchanges charge less than $1, they might charge over $15 in some cases.
I am very aware of the high spread associated with trading cryptos with a forex broker thus it's a no-go area for me, Binance charges low fees and at times zero fee for crypto trading but here I trading with the most popular forex pairs e.g EURUSD, USDJPY, USDCAD etc with low spread. 2. You will be forced to pay a swap (daily rollover charges), which could be annoyingly high at times and as the trades tarries.
I am a day trader I always ensured that I close all my trades daily thus I wouldn't rollover my trades till the next day to avoid those charges. 3. Be prepared for manual withdrawal execution as only a little fraction of FX brokers honour it (maybe 0.5% of them), and your withdrawal could be delayed more than a week at times with some of them.
In the case of my broker UDST withdrawal is instant irrespective of whether it's weekday or weekend, except during replenishment of their hot wallet, deposit is also swift without any delay. 4. Although withdrawal shouldn't be a problem for a good forex broker, a lot of complaints about many of them still fulls the internet. The withdrawal of an amount higher than $500 become a problem for them, something that is nothing to exchange. This is why a thorough search for a good broker is advised as regulation might not save you here.
I don't necessarily needed to wait till my profit reaches $500 before withdrawal, this is my own personal choice consistent withdrawal without any issue is what I am after which is well solved by my broker, while their customer care service is topnotched.
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abaeze
Jr. Member
Offline
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May 17, 2023, 05:30:05 PM |
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I used to love foreign exchange trading but never found a suitable medium to make my deposits it about one decade ago. Because online bank accounts were not widely used in my country at that time. As a result, although I could create a bank account, I could not make the deposit. I had to take help from others. Sometimes it was difficult for me to get dollars from web based banks like Neteller or Skrill. Although I was able to deposit there a few times and once I got scammed. Since then I give up the platform. But recently knowing about this, I am very encouraged because depositing with Bitcoin is a very easy task for me.
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Popkon6
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 17, 2023, 05:35:57 PM |
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Forex trading has huge savings on this platform. And Bitcoin withdrawal and trading can be done very safely which is much more secure than other platforms. In particular, many currencies have been added, which everyone will like to see. This platform has come with a reputation for a long time. Massive people are turning to this platform. Bitcoin Ethereum Coin LiteCoin Dogecoin BNB Bitcoin Cash XRP etc Coin All such coins exist in this platform so I think forex trading here is very popular than other platforms.
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Out of mind
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May 17, 2023, 06:24:44 PM |
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Forex Trade is a trusted investment platform that many people rely on and make significant profits. Most forex brokers are trustworthy but you still need to be careful as there may be many scammers out there. Currently, the forex market is connected to various currencies of Bitcoin and Cryptocurrencies due to which it has become very popular in the world. Nowadays, when it comes to trading forex, various brokers offer Bitcoin and cryptocurrency trading and traders get many benefits from it. And various bitcoin brokers offer many benefits by trading with bitcoins and are able to earn many times more profit from it. Also this forex bitcoin trade all traders have access to proprietary tools that give confidence and the ability to predict price ranges allowing for huge profits.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Franctoshi
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May 17, 2023, 06:24:48 PM |
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I have seen many friends around me in Forex Trading, but at present, with the popularity of crypto, They are now conducting trading but they deserve Crypto has got a big receptive market worldwide. They think if the crypto can be adopted on the forex trading platform and users can deposit/withdraw than the Forex platform can be stronger. I believe today or the tomorrow Forex and Crypto will be co operative to each other. This will definitely need to expand their business.
If you don't know, Currently some brokers has included some cryptos in their trading platform which shows how popular and attractive that the crypto space has become and number one of them was Bitcoin , ETH, LTC, Xrp, BNB and a lot more other cryptos. while the Forex market is open Sunday night - Friday night and it closed on the weekend, Bitcoin and other cryptos are traded 24/7 on this forex trading platform. Secondly, a broker that I have an account with just made Bitcoin option available on their platform where you can trade with BTC or convert your funds into Bitcoin and not only trade on dollar or other local Fiat currencies like pounds and Euro.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Litzki1990
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May 17, 2023, 06:28:57 PM |
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We generally consider the king of the trading platform is Forex Trading which many of us known as FX. I have been associated with it since 2007. In the Forex market an average trading volume more than 5 trillion dollars per day. By this trading volume we can assume what a big trading platform it is?
Forex trading is the exchange of common currency for foreign currency. In other words, currency is usually exchanged through this transaction. Nowadays Forex trading is very popular trading platform and every day a lot of money is traded on this platform. The volume of trading on this platform has increased a lot compared to earlier. Earlier the trading volume on this platform was $5 trillion but now the volume of Forex trading has increased a lot now the trading volume on this platform is $6.5 trillion every day. There are many currencies to trade in the Forex market, but among them the popular currencies are Euro, USD, Yen, British Pound etc. Trading on Forex trading platform is somewhat risky so we must trade FXTM with caution.
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Call_Me_Guru
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May 17, 2023, 06:46:58 PM |
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While the addition of Bitcoin withdrawal and deposit systems to forex trading can provide additional opportunities and potentially enhance the platform's offerings, it is important to note that the overall impact on profitability and strength of the platform may vary. While cryptocurrencies, including Bitcoin, are gaining popularity globally, it is crucial to consider various factors such as liquidity, regulatory compliance, and risk management when integrating them into forex trading.
- There are many benefits to using Bitcoin in Forex trading, the most notable of which is that Bitcoin has gained global acceptance.
- Using Bitcoin in forex trading is very secure in terms of security as Bitcoin transactions maintain extensive security measures.
- In the case of forex trading, withdrawal and deposit systems are equally accepted in all countries of the world, in this case people's interest in local currency decreases.
After all, forex trading is several times more profitable than normal cryptotrading if all aspects of forex trading include bitcoin. Indeed, there are several benefits to using Bitcoin in Forex trading, with global acceptance being a significant advantage. Bitcoin's widespread recognition and adoption make it an appealing choice for traders seeking to diversify their portfolios and participate in the growing crypto market. The global acceptance of Bitcoin contributes to its liquidity and availability across different trading platforms, providing traders with more opportunities and flexibility in their Forex trading activities. We generally consider the king of the trading platform is Forex Trading which many of us known as FX. I have been associated with it since 2007. In the Forex market an average trading volume more than 5 trillion dollars per day. By this trading volume we can assume what a big trading platform it is? I agree with you if bitcoin is added to Forex trading trader will be able to diversify their portfolio. Bitcoin has shown its past behavior globally. Which will make their portfolio more attractive. Since Bitcoin transactions are included in the blockchain ledger, it provides transparency to transactions which will help reduce the risk of fraudulent activity by traders in Forex trading. Moreover, Bitcoin will play a major role in facilitating faster transaction process for Forex traders as well as reducing the transaction fees that a Forex trader incurs. As Bitcoin is decentralized it does not require any intermediaries. As a result, a user can easily deposit with Bitcoin from anywhere in the world. In this way a user can easily express his interest to enter the Forex market. Users will get various facilities by accessing to withdraw or deposit money through the use of Bitcoin. I love it when I see Forex trading discussions, but you need to adjust somethings, you are missing the liquidity facts. Forex market is larger than what you are pointing out and continues to grow, your facts must be outdated. The forex market has hit the daily trading volume of $6.6 trillion as of 2019 and must have grew to over $8 trillion daily volume in May 2023. The last value as of April 2022 shows that it stood at $7.5 trillion dollars, no one needs a person to tell that it is now over a year. The forex market that has been growing tremendously every year and should have passed $8 trillion by now. This is a powerful market that no other sectional market can overcome, you can't compare. It is good that forex brokers are wise to have added cryptocurrency to their many trading instruments on their platform. We can hardly see a forex broker offering crypto trading 7 years ago, it was with bad condition when they newly came but competition made them to do better. As of today forex brokers are committed to better conditions that will attract new traders and make them stay. Plan: I advise everyone trying to make money from online to try both FX and cryptocurrency, there are times when you will gain from one and lose from the other. This approach will keep you making your money so far you have a good trading experience that is the number one key. Taking the losing aside, there are days that the movement of cryptocurrency will be boring and not appealing to trade, FX is a good option and I have been doing this for over 5 years to flexibly manage my trading portfolio.
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