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Here’s A Quick Way To Solve A Problem with PrimeXBT Cryptocurrency

PrimeXBT Review 2024: Features, Pricing Pros, Cons and More

As it is calculated on an annual basis, it typically will be a very small charge per day. You can set an automatic Take profit and Stop loss price using this order type. More so, there is the chance to leverage when trading on margin. Alternatively, users can access extensive charts regarding cryptocurrencies and prices for Index, Forex, and Commodities. For all questions, security issues, product related inquiries and business proposals please reach us at. If you use the market order a lot for entering trades on your chosen cryptocurrency pairs, then PrimeXBT is for you. In the high stakes world of crypto futures trading, such measures can be the difference between success and devastating financial consequences. The Stop Loss feature allows followers to set a Stop Loss for their following.

Don't Be Fooled By PrimeXBT Cryptocurrency

PrimeXBT Review 2024

Advanced trading features include ‘take profit’ and ‘stop loss,’ allowing users to effectively manage market risk. The Prime XBT Bonus is a 50% deposit bonus which you can activate with the TOPTRADING bonus code after you register at. It was launched in 2012 and is headquartered in San Francisco, USA. 01 BTC as Trading account’s Equity and you wish to trade BTC/USD. 11% and a solid monthly profit of 78. Can I change my leverage. Additionally, the platform’s focus on cryptocurrencies might limit options for traders interested in a wider range of traditional financial instruments. That being said, all pairs still offer strong leverage options, even if they are not all at the x200 range. 4️⃣ Review your payment and make sure the correct AdvCash currency Wallet is selected. The user friendly and responsive trading platform is accessible through desktop and mobile devices, allowing traders to manage their portfolios anytime, anywhere. This review covers the services provided by PrimeXBT, including its trading platforms, crypto predictions, mobile app and supported countries. With the leverage of 1:100, you can easily increase your trading size. However, to qualify for this bonus, you need to make an initial deposit of at least 0. You also have pretty extensive order options which is more than we have seen on other trading mobile apps. This will result in maximum margin utilization at 1:200 leverage and 0% of Available Margin will remain. PrimeXBT charges a commission fee. The ability to securely deposit funds, withdraw profits, or access 24/7 multilingual customer support via live chat is an additional convenience. We also like that there is no minimum deposit, although funds must be transferred before you can start trading. To make it even simpler for affiliates to bring clients to PrimeXBT platform, we provide a robust collection of banners, prints, logos of our products and services, landing pages, and many more marketing materials. Gotta give credit where it is due, the Bybit team seriously stepped it up. For now, the platform focuses on offering highly secure trading features to both beginner and expert traders. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Market research: PrimeXBT offers weekly market research, providing traders with access to in depth market analysis.

10 Mesmerizing Examples Of PrimeXBT Cryptocurrency

About PrimeXBT

Jacob Crypto Bury also maintains a Discord group that traders can join, share ideas with the community and receive frequently shared trading signals. All user funds are held offline, in cold storage. You can now sign in or open a PrimeXBT account with your Apple ID. Select the desired currency to transfer. The current 24H withdrawal limit of your account can be viewed on the ‘Settings’ section of your account. As it is calculated on an annual basis, it typically will be a very small charge per day. PrimeXBT is setting the industry standard in this regard, by aggregating liquidity in real time from the 12 leading exchanges. This picture from PrimeXBT’s website has another useful way of showing the benefits of leveraged trading in a bull market. Protect your privacy with these KYC free trading platforms. PrimeXBT allows margin trading with high leverage of up to 100x, providing the potential for greater profits. Akin to an apprentice studying under an experienced craftsman, there is a lot to be learned by studying the trades of a pro. Once a withdrawal has been requested, users will have to wait for the PrimeXBT team to process it as withdrawals are manually processed. Traders can regularly review these statements to track their equity performance and identify trends. Org does not endorse or suggest you to clicca qui buy, sell or hold any kind of cryptocurrency. Enter how much you would like on your trading account and voilá. Taker — a fee that a trader pays when he places a stop or market order that was executed on the market, including instantly executed limit orders. The platform is designed for traders with a higher level of expertise, implying a steeper learning curve for novices. However, many platforms, whether they are centralized or decentralized, have numerous issues and weak points. The Stop Loss feature allows followers to set a Stop Loss for their following. If activating multiple promo types, it is also important to note that. This does not necessarily mean that you need to take on the whole position, but the wise trader will take on a portion of the available leverage. As of June 7th, 2023 7:00 UTC all open positions in USD/TRY, EUR/TRY, GBP/TRY have been closed at the last available market price. 3150 four month Resistance broke. Receive the latest news and stay informed. Best Platform for Online Trading. Below is how the order page for a margin trade will look like. Dear MailenThanks for your high score, PrimeXBT appreciates your opinion and feedback. Due to recent extreme market volatility and in order to protect traders from excessive leverage and associated elevated risks, we will be adjusting margin requirements for the following instruments: BTC/USD, ETH/USD, ETH/BTC, LTC/USD, LTC/BTC, EOS/USD, EOS/BTC, XRP/USD, XRP/BTC. You can however use third party services that will allow you to convert Crypto to other currencies, including Fiat, which may then be transferred to your bank. While newcomers may opt for a more streamlined view focusing on key trading elements, seasoned traders can tailor their dashboard to incorporate a variety of analytical tools and complex trading options.

Overview

Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. Therefore, soon, the market could be as regulated as the traditional financial sector. Make sure that you practice adequate risk management. We have covered PrimeXBT rather extensively in a former review, where we found it to be a highly accomplished platform that works hard to offer robust and simple to use elements for all involved. Club put together offers a lot of value, and also is a nice compromise between an algo driven trading platform, and a trading platform that gives you some of the normal trading tools that are lacking on most crypto exchanges. To trade Cryptos, go to the Trade dropdown menu and select Global Markets and your margin account. Positions: allows you to manage and track all of your opened positions on the market;. Condition to Receive a Star. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Bitcoin only exists in cyber space, giving it benefits beyond what gold can provide. PrimeXBT does not offer the popular MetaTrader 4 MT4 or MetaTrader 5 MT5 platforms. PrimeXBT allows you to buy and sell cryptocurrencies on margin with very attractive leverage ratios. That being said, all pairs still offer strong leverage options, even if they are not all at the x200 range. As Bitcoin bulls pause for breath, Litecoin has recently posted substantial gains, standing out from altcoin peers.

Fiat Deposit

120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. It’s also important to note that the valuation of COV on PrimeXBT is pegged to a fixed BTC amount after its delisting from KuCoin. There is no minimum deposit required to open a margin trading account at PrimeXBT. Education and Credentials: Degrees, certificates, and other educational credentials can be stored and verified on the Cardano blockchain platform. Meanwhile, explore other great ways to earn with PrimeXBT. Additional terms may apply to free offers. Trade global markets including Cryptocurrencies, Stock Indices, Commodities and Forex from your mobile device. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

Success!

Below, let us see how you can register yourself and open a new trading account and start trading. PrimeXBT provides around the clock access to long and short positions on leverage, built in technical analysis software, and risk management tools to ensure trading strategies are executed safely. PrimeXBT provides all the tools necessary to long or short the market, whichever way trends are turning. PrimeXBT does not charge any deposit fees. Top 27 Regulated Forex Brokers. Each of the 6 tasks provides a unique reward for reaching various milestones. 2️⃣ Select the destination of your deposit. Learn more about Baksta’s Legal Terms. The SandP 500 is one of the biggest stock indices in the world and charts the top 500 companies performing in the USA. Upon account creation clients may receive an offer to claim a Welcome Bonus. However, the simplicity of the process and the direct purchase options raise questions about security and the platform’s adequacy for all trader types. Binance is 107 in our crypto broker rankings. By the end of this guide, readers will have a better understanding of whether Stellar Lumens is a good investment and how high it can potentially go. Users will spend the most time in the Trade tab, which lets traders access all of PrimeXBT’s trading instruments across forex, commodities, stock indices, and cryptocurrencies. For example: If a USD Global Markets trading account has been chosen in the destination field, all further deposits will be automatically redirected and credited to your Global Markets USD currency trading account. Traders should use proper precautions and manage balances responsibly based on their personal risk tolerance. US Dollar, Australian Dollar, etc. After the reset PIN has been inserted, you can set a new password for your account and use it to further login to your account. Generally, the thing that takes up the most time for customer support staff is KYC verifications. Our website uses cookies. I always receive answers from customer support even if my issues are very specific. Estoy encantado con la amplia variedad de instrumentos financieros disponibles en PrimeXBT. 0% for Forex, Indices, Commodities.

Top Spot Exchanges

005 when it launched – and prices remained largely flat until 2017, when the entire Crypto industry went through an unprecedented boom. Kindly share this story. Overall, PrimeXBT is a good pick for both new traders and experienced investors. The promotion is only available for the new client. Orders can be rejected for numerous reasons, such as available margin being insufficient or markets for the selected instrument being closed, etc. Navigate to the blue ‘Trade’ button to open any of your margin trading accounts to begin trading. Learn more about Bitcoin. Please note that if you have open positions when the new requirements take effect and the margin becomes insufficient according to them, the positions may be liquidated. It will be removed from the account, and the account’s Balance will be cleared to 0;. Both cryptocurrencies were extraordinarily early and are highly decentralized and widely distributed. High equity‍In each strategy’s dedicated page, you’ll find the amount of equity that the strategy manager has in the account. The long tails signify rapid rejection and failed breakout attempts – hinting at substantial shifts in market momentum as sentiment changes quicker than recent price action suggests. For this guide, we will use Crypto, as the pair that we want to trade is the BTC/USD. All content on Bitcoinsensus. PrimeXBT also charges overnight finance fees for holding a position open overnight, but this varies from trading pair to pair. Despite the growing list of exchanges and brokers, however, not all of them are equally user friendly, secure, or affordable. Clients can choose between fixed, cross or sliding leverage from the dashboard. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. Prime Technology Ltd is PrimeXBT’s Technology Provider. Below is a chart from PrimeXBT showing various metrics such as the moving average convergence divergence MACD. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Additional terms may apply to free offers. Dear SalvadorThanks for your high score, PrimeXBT appreciates your opinion and feedback. Finally, if you suspect that something could be down with the exchange then you can always head on over to their status page. This was indeed also our experience. With a blend of contemporary crypto trading and traditional financial instruments, PrimeXBT positions itself as a multifaceted platform for both novice and experienced traders. Once you place a trade using this order type, your trade request gets executed immediately at the best price available in the order book. What am I missing here. Unlike Bitmex, PrimeXBT features a mobile trading app for both Android and iOS devices that provides the exact same trading experience as the web platform powered by the same robust API and technological infrastructure. Because it offers such disruptive cross border payment technology, the price today will not be the price tomorrow, and all of the positive Stellar lumens news is expected to further drive long term growth in the asset.

Newsletter

The first thing you need is a broker like PrimeXBT. Chainlink can have so many applications and could help us in many aspects of life. With a blend of contemporary crypto trading and traditional financial instruments, PrimeXBT positions itself as a multifaceted platform for both novice and experienced traders. Visit the official PrimeXBT blog to learn more. 1️⃣ Click the ‘Connect MetaMask’ button to link your PrimeXBT Wallets with your MetaMask wallet. Of course, the same can be said if the prices moves in the opposite direction, but with negative returns. Now let’s compare Prime XBT and Bybit to see which one of these is better for trading. PrimeXBT provides traders with an interesting alternative to the status quo with crypto margin trading. The ability to short, use leverage, and capitalize on declining prices adds to the potential strategies available. 81 according to our top Stellar price prediction. Users can contact customer support by email at. Of course, this is a double edged sword and leverage can seriously hurt a trader’s account, appropriate risk management is a must. A strategy can receive up to 5 rating stars — a star being issued for meeting one of the following conditions. Due to its immense promise,. Receive the latest news and stay informed. Posted: Tue, 17 Jan 2023 08:00:00 GMT. Below is an in depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account. However, as the event occurred, the price of Ethereum plunged. This guide is aimed at teaching new traders how to find the right trading platform, and even provide some tips for experienced traders to take advantage of the hottest new tools in the industry and broaden their asset availability to build a diverse trading portfolio. Once your account is funded, you will need to transfer your Bitcoins from your PrimeXBT Wallet to your Trading account. 3️⃣ Enter the amount of cryptocurrency you want to withdraw. Register on PrimeXBT in less than a few minutes and make a deposit in BTC, ETH, USDC, USDT, and COV begin. However banks are starting to take this space more seriously and Ripple could potentially rally again. PrimeXBT will now ask you for this number. It made online trading easier and the copy trading feature is more advanced than I’ve ever come across. We’re looking for experienced traders, engineers and marketing talents.

Company

Somewhere in between is copy trading and derivatives, which tend to provide the most overall bang for your buck – or Bitcoin. 64, which suggests that the cryptocurrency has topped out for this cycle, contrary to what most other analysts are saying. In efforts to prevent slippage, PrimeXBT’s trading engine can execute orders at below 7. Also, this allows you to gain instant access to multi currency Covesting Strategies as a Follower, open your own Strategy or trade on a private margin Trading account using a collateral currency that is most convenient for you. Financial profile menu will appear. However, I cannot claim that PrimeXBT is without faults, as I have experienced some glitches during trades. Own service for copying trades;. PrimeXBT offers a comprehensive one stop solution that supports the trading of Crypto, Fiat, Commodities, and global Indices. Note that in the terms and conditions, it is clearly stated that the company does reserve the right at any time to conduct a verification of a client’s identity or source of funds. Io is a crypto exchange with a significant focus on buying cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Com/Covesting to learn more. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Takers, on the other hand, remove liquidity by matching with existing orders. But, if you are a trader who knows how margin works, you could open a position of 20 BTC, for example. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. In case Balance of client’s Trading account is negative when the Bonus is removed, the balance will also be cleared to 0;11. During the first several years of price action, Bitcoin was barely a $100 per coin, reaching over $1,000 in 2013 before the first substantial bear market. We may receive a commission for purchases made through these links. Direct deposits from your bank card to PrimeXBT are currently not available.

Fiat Withdrawals

How does The Affiliate Program on Primexbt work. The main section of the platform allows you to manage your account. If you don’t have the type of crypto you want to trade with, you can exchange one type of cryptocurrency for another using the app’s built in exchange tool, or you can move on to the next step to buy some crypto for yourself. Currently COV token exchange to BTC, ETH, USDT or USDC directly on your PrimeXBT account is temporary unavailable. Additional terms may apply to free offers. PrimeXBT allows direct Crypto deposits to Global Markets CFDs and Crypto Futures trading accounts by automatically redirecting them from your wallet when a deposit is made. COV tokens can be picked up directly on PrimeXBT by exchanging BTC, ETH, USDT or USDC for COV or alternatively be purchased on KuCoin or swapped on Uniswap. ASK quotes are higher than BID quotes by the amount of the Spread. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. As Bitcoin bulls pause for breath, Litecoin has recently posted substantial gains, standing out from altcoin peers. B Buying crypto option allows you to Buy cryptocurrencies using a bank card fiat currencies via our partners such as Coinify, PaxfulP2P, Xanpool etc.

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The coin has several experts jumping in to make Litecoin predictions about its price, as the volatility in the coin’s utility makes it an attractive investment. Any such system, however, is susceptible to an attack from a determined or skilled enough hacker. The fee structure for Phemex is quite competitive and mostly the same as that of BitMEX. On the other hand, if BTC decreases in value with 10%, you have lost 1,000 USD 990 USD more than if you had not leveraged your deal. Bitcoin Should be Banned in the United States: Charlie Munger. Understanding the strength and weaknesses of each trading vehicle is crucial. Expert reviews typically highlight Kraken’s emphasis on a focused trading experience without compromising the availability of advanced trading tools. While there were many things that we liked about the PrimeXBT exchange, there are a few things that we think warrant improvement. ECN Forex BrokersSTP Forex BrokersNDD Forex BrokersStock BrokersCrypto BrokersCFD BrokersETF BrokersBinary Options BrokersBest Oil BrokersBest Gold BrokersBest Commodity Brokers. Check the broker’s website for other promotional codes and giveaways in 2024. Of course, the same can be said if the prices moves in the opposite direction, but with negative returns. Recently, PrimeXBT introduced an amazing product on its platform called Covesting. PrimeXBT is no exception. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. EToro supports cryptocurrency markets and is regulated by the FCA. Actual Crypto Currency Services are provided by Baksta UAB, a company incorporated in Lithuania with Registration No. Global Markets and Crypto Futures Services are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated in the Republic of the Marshall Islands with Registration No. It will be subsequently withdrawn from your account. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. Enter the referral code when you register on the website or PrimeXBT app. 120813, having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island Majuro, MH96960, Marshall Islands. 34% and a remarkable monthly profit of 134. Native token of Cardano the biggest blockchain to have successfully adapted the proof of stake consensus mechanism ADA token plays a core role in its functionality. FTX or its creditors can come up with the most reasonable solution to dispose of assets and repay debts. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. The benefits of using Covesting module on PrimeXBT can be extended further by utilizing COV tokens. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No.

Trader

An integrated stats dashboard shows past performance data to help guide selections. Created in 2014 and launched a year later, the protocol for payment providers and financial institutions has been at the top of the cryptocurrency rankings for years. BTC deposits require 3 block confirmations which usually takes around 40 minutes on average;. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. Negative — when a funding rate is negative you receive a commission. You will receive a confirmation pop up menu to proceed with position closure. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. So you have full control of your leverage and risk by controlling position sizes in your portfolio. 0001% for forex trading, but they change depending on what you’re trading. Provide your full name, email address, and phone number, and create a password for your account. According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. “Daily realized PandL shows you how much realized profit or loss you have. Try their Twitter or Telegram where the latter can be reached from the Telegram Bot. EToro users can’t diversify their trading experience or build a portfolio between crypto and other hot traditional assets like gold, oil and stock indices. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. Date of experience: July 13, 2023. PrimeXBT has a transparent fee structure, only charging for each trade and holding a position open overnight.

1st Lucky Draw Rewards Distributed

This provides an opportunity for both experienced successful traders and followers to boost each other’s profit potential. PrimeXBT users can buy, exchange, and transfer Crypto via the Main page,. Looking back after a career of trading can be a walk down memory lane and act a reminder or refresher about certain past setups. PrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Saint Vincent and the Grenadines, Canada, Cuba, Algeria, Israel, Ecuador, Iran, New Zealand, Syria, North Korea or Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation and Myanmar. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Visit the fees section at PrimeXBT to confirm the exact fees on the day. I’ve been using the copy trading module for a while now, and it’s been a game changer for me. However, you cannot deposit directly from your bank account or through a credit card. There is no minimum order size. Once a contest has been joined it is not possible to leave that contest and rejoin it or reset trading account balance for that contest. We do agree that fees you have mentioned are high, and do not match traders needs who are looking to hold positions long term. Remember that one very important thing in Bitcoin trading is a stop loss. WMA: Bitcoin Back at $70,000 Amid New Market Revival. Fiat Currency Trading. PrimeXBT offers leveraged trading up to 100 times the amount you contribute. Providing financial education to those who need it most has always been a passion of mine. First of all, we need to recognize you as our customer, for this purpose you can contact our support team:. Being in control of your decision making process can help you avoid investing in assets that are beyond your risk appetite. These products are not suitable for all investors. Furthermore, thorough research and due diligence on the chosen validators are imperative. Get the latest creative news from Bitcoinsensus. Contests help transform you into a confident trader. Today 6 April 2024 Bitcoin BTC/USD is trading at $68050. This is PrimeXBT’s biggest weakness. For example: If a USD Global Markets trading account has been chosen in the destination field, all further deposits will be automatically redirected and credited to your Global Markets USD currency trading account. This limited time offer starts on February 12th and ends on February 18th.

Exclusive Crypto Deal List of 2023

Platforms and usability: 4. Excluded from trading on Kraken are residents of New York State and Washington State. This is usually expressed as a ratio, which is the rate at which you can take on debt. CFDs are what we offer at PrimeXBT. Negative balance protection is applied at regular intervals and is used exclusively to cover an existing negative balance. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. PrimeXBT offers a user friendly platform catering to both seasoned traders and newcomers. Click on the ‘Show order details’ option to review the details of your order. With PrimeXBT, this process is straightforward and can be done with just a few clicks.

Web3 Evangelist

For USDT and USDC TRC 20 tokens the TRON network is also available. In the world of crypto, Shiba Inu has a special place. We are committed to continuously updating our app, to provide our users with new features and the smoothest possible investment experience. Just remember that you’ll probably have to use a third party payment service if you want to deposit with these traditional payment methods. Hard commodities are best thought of as raw materials that are mined or extracted from the ground. Beware of their practices that seem to hinder profitability, and consider alternative brokers for a more transparent and reliable trading experience. Information on the TradersUnion. Prime Technology Ltd is PrimeXBT’s Technology Provider. Customer support agents are available 24/7 through live chat to help with anything. To begin trading, you will need to move funds from your Wallet to your Trading Account by clicking the ‘Transfer’ button on the Main page. In a sense, part of “growing up” for crypto has been that the behavior of the market has switched to a much more traditional correlation. Carrying a dollar in your pocket poses some sort of chance of losing it. Additionally, users can access their transfer histories through individual wallets. Date of experience: April 16, 2020. In this section, we’ll guide you through some steps to sign up for this program. PrimeXBT is an easy to use platform that has a good global presence. The platform also offers forex, stock indices, oil, gas, gold, silver, and more alongside cryptocurrencies, at up to 1000x leverage. PrimeXBT is not authorised or regulated by any National Competent Authority or Regulatory Body in the European Union EU or the wider European Economic Area EEA or the United Kingdom UK. Choose one of the following products that suits your needs. This will allow the trader to define specific levels for entries and exits. Sadly the track record of stolen investor funds within Crypto scams over the past years has been growing exponentially. Referral Program: PrimeXBT offers a lucrative referral program. OKX also conducts Proof of Reserves on its crypto assets which is a lot more than what you can say about some exchanges these days. We want to purchase 0. Indeed, the high leverage levels make it a similarly attractive proposal which will allow those users to magnify their returns on borrowed money. Any appropriate stop loss order should also be mentioned in this transaction as well, and the broker will then simply wait to see whether or not the proper conditions get reached. They are easier to read than many other types of charts, as they begin with color coding. This phase ended June 14, four months after the mid February peak. But the benefit in Litecoin lies in its ability to be a useful coin in digital transaction as the world heads in that direction. Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin.