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PrimeXBT: A bitcoin-based margin trading platform with a lot to offer (2022 review)

By: Aaliyah Jordan|In: World Finance|Last Updated: January 19, 2022

PrimeXBT: A bitcoin-based margin trading platform with a lot to offer (2022 review)

PrimeXBT is a Bitcoin-based multi-asset margin trading platform that, while built on the foundations of the traditional market, is geared towards diversifying advanced trading tools, instruments and products.

The platform allows its users to operate with more than 50 trading pairs, with leverages that can reach 100x in Cryptocurrencies and up to 1000x in other trading instruments, 24 hours a day.

This large number of trading instruments, as well as its high leverage, makes it stand out from many similar platforms with more time in the market such as Binance or Bitmex.

It is important to note that, when choosing a trading platform like this, there are many variables that we must take into account, since not only the variety or quantity of products and instruments guarantee their quality and effectiveness.

Next, we will review this platform and discuss the advantages and disadvantages of trading with it.

PrimeXBT Overview

PrimeXBT…

By: Aaliyah Jordan|In: Finance Companies|Last Updated: January 14, 2022

You might be wondering how money market accounts work. This article will discuss the interest rates on these accounts, the minimum balances to open one, and the costs involved in maintaining one. You’ll also learn about the tax implications of opening a money market account. You may want to consider opening one of these accounts to save for retirement. The money you put in these accounts will continue to grow, and you’ll have the option to withdraw some or all of it whenever you wish.

Interest rates on money market accounts

While money market accounts have a similar function to savings accounts, they tend to offer higher rates. However, they often carry higher fees and minimum balance requirements than traditional bank accounts. Online-only banks generally offer higher money market rates than brick-and-mortar institutions. However, these banks may charge higher fees or have minimum balance requirements. If you’re unsure whether a …

By: Aaliyah Jordan|In: Finance Readings|Last Updated: January 4, 2022

International Business and Finance Reading

The International Business and Finance Reader offers a solid foundation in major practical business decisions. The reader focuses on general patterns of international trade and the reasons behind internationalization of firms, and examines the international dimension of various functional areas. It is organized into six major sections: changing international ownership patterns, corporate strategy, basic financial decisions for multinational firms, taxation issues, and future developments. It also includes key terms, questions, and further reading suggestions.

Globalization

The term “globalization” is a broad term used to refer to the process of international trade. Through market reforms and the reduction of international trade barriers, a global economy has been created. Additionally, developments in transportation and communication technologies have made it possible for businesses to sell products and services across national borders. This process allows them to take advantage of price differences and arbitrage in various markets.

This process has created more opportunities than …

By: Aaliyah Jordan|In: Finance Readings|Last Updated: October 23, 2021

Cryptocurrency wallet problems, solutions, prospects

Despite the fact that cryptocurrency is extremely popular, many more people have heard about it than they personally used directly. There are several reasons for this situation, for example, the need to use special software, cooperation with organizations working in the field of blockchain, and just the tendency of half of humanity not to trust everything new.

In such a situation, it will not be superfluous to talk again about some issues of using cryptocurrency, especially since the constant development and change of the cryptocurrency sphere changes many important aspects.

Cryptocurrency wallets and their problems

Since explaining all aspects of using cryptocurrency would take a whole book, we will focus on such an absolutely understandable and mandatory issue for everyone as the storage of cryptocurrency. Even if a person intends to simply purchase cryptocurrency and store it “under the mattress,” the cryptocurrency will be stored in a specialized cryptocurrency wallet. …

By: Aaliyah Jordan|In: Finance Readings|Last Updated: September 22, 2021

It took just a few weeks for Clubhouse to become the most downloaded app in the App Store. Its popularity surpassed even TikTok.

The peculiarity of the social network is communication by voice. Interest in the application was fueled by a certain mystery associated with the fact that not everyone can join it. An invitation from existing members is required. In this sense, the creators of Clubhouse, Paul Davison and Roen Seth, created the maximum intrigue, and everyone wanted to become members of a closed club. In less than a year of existence, the value of Clubhouse was estimated at a billion dollars.

At the very beginning, only stars and influencers joined the closed community. Even Elon Musk and Mark Zuckerberg are among them. The voice method of communication creates the illusion that you are talking to your idol live. You involuntarily want to come up with something like Clubhouse, …