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r/CryptoCurrencySee Post

Any good crypto prop trading firm (that can teach you how to trade efficiently TA signals etc )?

Have you come across CRYPTO SPHERE FX before?

r/CryptoCurrencySee Post

Bull run is back on: Bitcoin up 0.47% in the last hour

r/CryptoCurrencySee Post

The NY Fed's Statement Shows It Is LYING and DESPERATE To Push CBDC's Over Crypto In a Losing Battle

r/CryptoCurrencySee Post

CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says

r/CryptoCurrencySee Post

Paypal Had a Tyrannical Policy Change Then Prevented Upset Users From Closing Their Accounts. Now Their Crypto Services Are Terrible On Top Of Everything

r/BitcoinSee Post

This can help you

r/CryptoCurrencySee Post

Crypto market summary in Q3 2022

r/CryptoCurrencySee Post

Solana Traders Moving to Cardano - Getting A Spot In The Top 3 NFT Chains - FX Leaders

r/BitcoinSee Post

Old NUC for full node

r/CryptoCurrencySee Post

How will you put "making significant sum of money from trading crypto" on your resume

r/CryptoCurrencySee Post

Trustable - asset settlement network based on Nano + wallet with 100+ fiat pairs easy on/offramping

r/CryptoCurrencySee Post

EA Bot

r/CryptoMarketsSee Post

Indian Company Raids Crypto Alternate CoinSwitch Kuber for FX Legislation Violations

r/CryptoCurrencySee Post

Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

r/CryptoCurrencySee Post

A piece of advice from an old trader

r/BitcoinSee Post

A piece of advice from an old trader

r/CryptoCurrencySee Post

A Trader's reason to stay away from crypto

r/CryptoMarketsSee Post

Education to trade like a Pro and Shorten the steep learning curve

r/BitcoinSee Post

OCTA FX LTDA trabalho duro e dedicação trouxeram mudanças positivas em nossa vida. É uma honra ter uma empresa tão incrível como a empresa Octa FX LTD Investment Limited. Gostaríamos de agradecer por todo o trabalho criativo nos últimos anos. Com sua mente criativa, não teria sido possível

r/CryptoCurrencySee Post

Decentralizing Global FX With Taro: How Bitcoin Renders "Cross-Border" Payments Obsolete 🍠💱

r/BitcoinSee Post

Decentralizing Global FX With Taro: How Bitcoin Renders "Cross-Border" Payments Obsolete 🍠💱

r/BitcoinSee Post

Decentralizing Global FX With Taro: How Bitcoin Renders "Cross-Border" Payments Obsolete

r/CryptoCurrencySee Post

Crypto card summary - A European perspective

r/CryptoMoonShotsSee Post

Earn Protocol

r/CryptoCurrencySee Post

Crypto card summary - A European perspective

r/CryptoCurrencySee Post

Has TA ever worked for you? And how much have you lost?

r/CryptoCurrencySee Post

Any suggestions? Scam

r/CryptoCurrencySee Post

What to do? Is it not worthy?

r/CryptoMoonShotsSee Post

zinari finance

r/BitcoinSee Post

Novatech FX

r/CryptoCurrencySee Post

Holding USDC on Coinbase can earn you 0.15% APY - woohoo !

r/CryptoCurrencySee Post

Help needed - is it a scam?

r/BitcoinSee Post

How Hyperbitcoinization will affect financial services

r/BitcoinSee Post

I maintain a full copy of the blockchain through the bitcoin client. But... what exactly am I doing?

r/CryptoCurrencySee Post

What is your favourite app for quickly and easily tracking the value of your portfolio?

r/SatoshiStreetBetsSee Post

Former Jefferies FX brokers launching institutional crypto exchange

r/CryptoCurrencySee Post

Ex-Jefferies Execs, Former Euronext FX CTO To Launch Crypto Exchange

r/CryptoCurrencySee Post

Buying BTC efficiently

r/CryptoCurrencySee Post

FX Trade Capital

r/CryptoCurrencySee Post

Cables Finance is moving the worlds largest market to blockchain(Foreign Exchange). This is what blockchain was meant for and will reshape financial markets. Cables is revolutionizing the way currency exchange is done. Decentralized, lightning-fast, non-custodial, all at the tip of your fingers.

r/CryptoCurrencySee Post

DFX: Decentralized FX for foreign stablecoin - 13m DFX in circulation - 6.5m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility!

r/SatoshiStreetBetsSee Post

NEWS: Coinbase has DFX under consideration for Q2! - DFX finance: Bringing foreign stable coins to the market - 13m DFX in circulation - 8m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility -

r/CryptoCurrencySee Post

Saber (SBR) anyone? What's going on?

r/BitcoinSee Post

One of the things I look forward to when Lightning Network goes Global on a large scale: Goodbye Foreign Transaction Fees!

r/CryptoCurrencySee Post

BlackRock CEO Larry Fink Says War to Speed Shift to Green Energy, Digital FX - Bloomberg

r/SatoshiStreetBetsSee Post

DFX: Decentralized FX for foreign stablecoins - 13m DFX in circulation - 6m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility - Actively pursuing first DEX listing.

r/CryptoMoonShotsSee Post

ZINARI The borderless protocol

r/CryptoCurrencySee Post

Russia’s largest bank gets license to issue digital assets. Sberbank will issue digital assets via a distributed ledger technology platform. The license comes as sanctions barring FX transactions continue to bite.

r/CryptoCurrencySee Post

$XNO, the crypto you all ignored!

r/BitcoinSee Post

Deal FX Trade- A best place to earn cryptocurrency!!!

r/CryptoCurrencySee Post

I scammed the scammer who stole my friends Instagram account…

r/BitcoinSee Post

😱😱🥶

r/CryptoMoonShotsSee Post

ZINARI COIN we build our own blockchain zinari the future of crypto currency

r/CryptoMoonShotsSee Post

ZINARI COIN building his own blockchain very strong usecase and fundamental

r/CryptoMoonShotsSee Post

ZINARI COIN (building its own blockchain)( the future of finance and payment gateway)

r/CryptoCurrencySee Post

The Contrarian Value Investing Thesis for Nano

r/CryptoMarketsSee Post

What are your thoughts on the rise of Cryptobanks? Are they key for mass adoption?

r/CryptoCurrencySee Post

Alternative Crypto Mining

r/CryptoCurrencySee Post

What is the cheapest way to transfer or use FIAT via crypto?

r/CryptoCurrencySee Post

Lebanon plan sees 93% currency slide, turns bulk of FX deposits to pounds

r/BitcoinSee Post

What defense mechanism Bitcoin has against non-market participant (i.e. a state)?

r/CryptoCurrencySee Post

Is this a scam?

r/CryptoCurrencySee Post

Commodities Trading on DeFi Gets a Boost From Mettalex’s Partnership With S&P Global Platts - FX Leaders

r/BitcoinSee Post

Bitcoin Newcomers FAQ - Please read!

r/BitcoinSee Post

Is Stock-to-Flow "dead"?

r/CryptoMarketsSee Post

Onomy protocol’s hybrid DEX and Forex marketplace are soon to be powered by Polygon (MATIC). Looks exciting for me. Let's see how it'll go.

r/CryptoCurrencySee Post

Knew that Onomy protocol’s hybrid DEX and Forex marketplace are soon to be powered by Polygon. Looks exciting for me tbh.

r/CryptoCurrencySee Post

HSBC - the bank which paid $1.9bn (£1.3bn) and signed a deferred prosecution agreement with the US Department of Justice - is now using the blockchain to settle currency trades. (Wells Fargo too!)

r/CryptoCurrencySee Post

FX hedging of USD (because almost all crypto is USD really)

r/CryptoCurrencySee Post

Thoughts on Cryptobacked banking, are they key for mass adoption?

r/CryptoCurrencySee Post

Could Crypto Debit Cards Help Drive Adoption?

r/CryptoCurrencySee Post

Help for victims of RS Finance “pig-butchering” cryptocurrency romance scam/fraud

r/CryptoCurrencySee Post

Pros and Cons of El Salvador's adoption of Bitcoin

r/CryptoCurrencySee Post

Polygon (MATIC) Crosses Pivot Point. What's Next? - FX Leaders

r/CryptoCurrencySee Post

Big US Banks To Utilize Blockchain For Interbank FX Settlements

r/CryptoCurrencySee Post

HSBC and IBM successfully test blockchain-based FX, CBDC settlement capability

r/CryptoCurrencySee Post

HSBC - now using blockchain for FX transfers.

r/CryptoCurrencySee Post

The Crypto Journey. The growth from the first meme coin through blue chips into DeFi.

r/CryptoCurrencySee Post

Looking to start mining now that the weather is getting cold, but I would like to know if there's any good place to have a service to help keep track of it.

r/CryptoCurrencySee Post

HSBC and Wells Fargo to Use a Blockchain Solution for FX Transactions

r/CryptoCurrencySee Post

After 3 years of Forex day trading I am looking to get into crypto. Can you give me some pointers and what common mistakes to avoid?

r/CryptoCurrencySee Post

Wells Fargo, HSBC to use blockchain for interbank FX settlement - Ledger Insights

r/CryptoCurrencySee Post

A Brief Introduction to the DeFi Ecosystem Available on Stellar

r/CryptoCurrencySee Post

Massive bull case for XNO: breakdown of fundamentals, new partnerships, and use cases

r/CryptoCurrencySee Post

Congress got a crash course on cryptocurrency.

r/CryptoCurrencySee Post

My uncle made a $40k mistake. VGX token recently became supported on coinbase so he transferred all his had purchased on FX wallet. He was unaware there was a token swap and it successfully went somewhere but not to coinbase. CB Customer support says it’s gone. Is that true?

r/CryptoCurrencySee Post

"Is the Crypto Market Dip Over?" - FX Empire thinks so, and predicts another end-of-year bullish run for the crypto industry.

r/CryptoMoonShotsSee Post

TENFI 💥 - 7M mcap - Auto compounded vaults + huge APY + Automatic management of your LP’s + Limited amount of Lots to earn additional revenue + Lending platform + UI/UX simple & efficient BSC Token 🔥

r/CryptoMoonShotsSee Post

TENFI 💥 - 7M mcap - Auto compounded vaults + huge APY + Automatic management of your LP’s + Limited amount of Lots to earn additional revenue + Lending platform + UI/UX simple & efficient BSC Token 🔥

r/BitcoinSee Post

Plan B is the GOAT

Mentions

tldr; Russian billionaire Viacheslav Taran, who died in a helicopter crash in France, was reportedly giving money to Ukrainians fleeing Russian President Vladimir Putin's troops before his death. Taran was the co-founder and controlling shareholder of Retail FX and brokerage brands Libertex and Forex Club. He is also alleged to have had connections to Russian foreign intelligence agency SVR. His wife Olga Taran has said that her late husband has "always supported Ukraine". *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#FX#DYOR

Not at these market caps on a global asset. You saw the fluctuations at 4x these prices. There needs to be a lot of money in for the volatility to be like the FX markets

Mentions:#FX

>A decade of not delivering If you are a bitcoiner, of course it's not delivering because they decided that the code as it is, it's sacrosant. But there has been a lot of advances around smart contracts. For example, liquidity pools will be a future revolution for the FX exchange market, althought we are still missing trustworthy crypto Euros and dollars. for me, there is still a financial revolution where crypto is more involved in the international finances. But not substituting FIAT, thats fucking delusional, but complementing FIAT.

Mentions:#FX

You have futures, options , Variance swaps, SOFR v LIBOR, CDS and various FX carry options to look into. Sophistication is not needed because no one outside of retail knows how to do it. Just either hold and weather the storm, or purchase cheap insurance on VOL and roll it maybe costing 1-3% yr in premium of portfolio being protected. Otherwise if you can’t find a market that’s already available to hedge given there are so many options, then just don’t do it

Mentions:#CDS#FX

Yes and FX should be the only thing that shouldn't be blamed but I think so people are becoming bored by now. I think so they should consider other factors which are also included that leads to this much of a big chaos.

Mentions:#FX

I think what draws people to Nano is the same thing that drew people to Bitcoin in the early days - decentralized, censorship-resistant, non-inflationary, digital cash. That brings a set of core enthusiasts/buyers of last resort that lead to positive price action in the long run Besides the "true believers (tm)", the feeless, near instant FX platform being pursued by Trustable could be massive (impacting more than just crypto) if they're able to pull it off

Mentions:#FX

Yeah same. Had a couple of minor issues, but I've been a happy Revolut premium customer for years... I don't use it as my day to day account, but use it extensively for FX transactions, holiday spending, one off purchases with the disposable online card etc... Sounds like I'm doing a pitch :D (I'm not..)

Mentions:#FX

yes he is sketchy from the day one he tried to hit the FX from his tweets and deleting it. I think so proper regulations and everything should be conducted in order to make his credibility more.

Mentions:#FX

yes binance is literally very sketchy as binance is the one of the company which holds the biggest FT tokens with them. i think so when FX becomes balances rival that's why they hold and they literally shaken the whole FTX.

Mentions:#FT#FX#FTX

i think so hate can be equally spread and i should tell that it is equally distributed in both things. there are more options that people would be hating BNB more rather than the ethereum or FX.

Mentions:#BNB#FX

What currency did you send there? I know from personal experience that using SWIFT or SEPA (via internal, expensive FX conversion) to send GBP to an exchange that is hot on local regulations can cause it to be locked in AML procedures for a week.. If so you can play it two ways... Do nothing and wait for the AML period to be over, buy BTC and send to cold storage. Or, buy BTC, wait a week and send it to cold storage.... If you're worried, option 1 might be best because your money is far easier to reverse than a BTC purchase.

Mentions:#SWIFT#FX#BTC

No if it's not BTC backed and you can't withdraw, you have an IOU for BTC Effectively they are holding your money in a way that tracks the price of BTC so when you sell you either realise a profit or a loss on the performance of your money vs BTC rather than actually converting in and out of BTC. Revolut is a decent enough company... but personally I don't pay my salary there and I don't buy BTC there.. I use it as a way to move money around and use it in foreign countries because you can easily create a new currency account and spend the local currency without high FX fees, or exposing your primary account to potential fraud issues.

Mentions:#BTC#FX

That is actually correct. We all could open an exchange tomorrow or a FX broker for instance.

Mentions:#FX

"Cheap" is subjective because there are several hands out trying to take a cut of your money in fees Personally I avoid GBP because AML regulation can cause it to be locked up for a full business week before you can move off exchange, so my preferred method is this - ​ 1. GBP from bank to Revolut (immediate) 2. Revolut FX to EUR (premium = Mastercard overnight rate) 3. SEPA transfer to Coinbase (takes 1-2 mins max) 4. Buy BTC 5. Immediately withdraw to cold storage. ​ Horses for courses though.. A lot of people avoid Coinbase because of fees or some philosophical reason, but the EUR market is liquid - meaning good execution prices without crazy spreads and slippage, and they actually have the BTC for you to withdraw... All in all, takes me less than 5 minutes to go from GBP in my bank to an in flight tx to cold storage via Revolut/Coinbase

Mentions:#FX#BTC

Yep, another vote for this as an offramp. Revolut are very crypto friendly... and just to avoid any AML issues for incoming GBP, I'd sell into EUR, transfer to my Revolut EUR account then FX to GBP for withdrawal to my regular account

Mentions:#FX

Unfortunately FX trading and derivatives is a gigantic fucking market. “Degens” with trillions of dollars of resources can make huge amounts of capital in seconds

Mentions:#FX

Unpaywalled for ya, https://archive.ph/8FX5V Do your own research and educate yourself homie so you can stop making yourself look so silly.

Mentions:#FX

Question: if the government requires me, J. Banker, to purchase long-dated Treasury bonds (as it does) should I be allowed to hedge that position with a prop trade? Question: if I have an overseas subsidiary requiring a long-dated parental guarantee issued in a foreign currency to carry out activities in their jurisdiction, should I be allowed to hedge my term FX and interest rate risk? Of course I fucking should. Can I, J. Banker Jnr. III, use client money to capitalize my privately owned hedge fund with my own made-up currency. No, I can't. You and I can argue exceptions until the cows come home - people pay me to - but the fact remains that tradfi is infinitely safer than this toss.

Mentions:#FX

Since I took the CFA, then I know. Yes, that’s pretty much all bullshit. The idea with overbought and oversold and so on work in theory but the stochastic oscillators and bollinger bands and so on do not really have a lot of predictive power anymore - especially since TA is based around this psychological aspect of traders. That kinda ignores that more than 80% of volume in crypto, equity and FX markets (equity and FX more than 95% (source: worked on one of the largest derivatives exchanges for quite some time and the exchange knows whether a human or an algo executes)) is from computers. There is no psychology left in markets since, measured by the market participation, humans are not the one who are trading. It starts there and the rest is often debunked by not focussing on “but it worked for me!” but “let’s ask you then what you would trade, test that in a few weeks how that would have worked and repeat that with a lot of people who claim that TA is really THE shit it was in the 1920s and 30s. Just because there are books about it and people do it doesn’t mean a lot. There is financial astrology as well. There are people who are convinced you can have a strategic advantage in roulette playing by just observing the rotator well enough and “detect physical insufficiencies” (which are, when recorded with a camera and reproduced with a high performance computer to essentially EXACTLY reproduce the physics involved, indistinguishable for the human brain). So no. As a CFA, I can tell you, no. TA is also on the shortlist to be removed in the near future from those exams for that exact reason. It’s the homeopathy of finance.

Mentions:#CFA#FX

This is parody. Right?!?!? So I’m reading you right just to check… you’re saying that a ponzi scheme flopped over ded as fuk and some turd took his Ponzi scheme and stuffed it *under* Sams dead horse to stand it up like Weekend at Bernie’s?!?!? I struggle to believe this isn’t some sort of strange fictional reality show coming soon on FX.

Mentions:#FX

I think I prefer the "FX is down" less than native haiku to this.

Mentions:#FX

The FX (FUTURES TRADING MARKETS) are breaking & disconnecting from the REAL Bitcoin market. This is necessary. It is how we get true price discovery without price being based on traders trading Bitcoin they don't have. Exchanges have sold a LOT more than they have, when the people come to collect they're going to learn a SWIFT lesson in the difference between holding Bitcoin & holding a claim to Bitcoin. When the music stops we're going to find out who has a seat & who doesn't... who has the Bitcoin & who doesn't. HODL, OFF EXCHANGE... in YOUR non-custodial wallet with private keys. Trust NO ONE. Trust NO BANK. TRUST YOURSELF. Your patience & perseverance will be rewarded.

Price will stabilise when you have higher adoption and more organic demand for the currency (and less speculative demand). But do not expect it to flatten ever. Look at the volatility even of the biggest FX pairs, such as usd/eur or usd/jpy. Price discovery will always happen.

Mentions:#FX

You do know you can leverage trade FX with crypto right?

Mentions:#FX

Exactly. I used to trade FX with leverage so compared to that Crypto is very relaxing, knowing that the worst that can happen is zero

Mentions:#FX

Beside the interest rate, stablecoins provide other utilities like in payments and remittances. I can easily send payments in either USDC, BUSD or EEUR to anywhere in the world. People from developing who ordinarily wouldn't have access to FX can access these stablecoins as an alternative.

"The global financial giant JP Morgan completed its first-ever cross-border transaction using DeFi on a public blockchain with the help of the Monetary Authority of Singapore’s (MAS) Project Guardian. DBS Bank started a trading test of foreign exchange (FX) and government securities using permissioned DeFi liquidity pools." From the article.

Mentions:#MAS#FX

tldr; The New York Federal Reserve completed the first phase of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) classified this first test phase as successful. The test was live for a 12-week period and leveraged blockchain technology to settle a simulated FX market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#FX#DYOR

The NYIC classified this first test phase as successful, per the report. The test was live for a 12-week period and leveraged blockchain technology to settle a transaction on a simulated FX market. This phase studied whether digital assets can “deliver fast and safe payments” for a lower settlement cost.

Mentions:#FX

Two reasons! 1: Cheaper... the market is more liquid in EUR vs GBP - You get more BTC for the same amount of money. 2: Less likely to have your funds frozen for a week. Theresa May brought in some AML regulation that Coinbase implemented that means they can freeze your funds on exchange when bought in GBP. You can buy BTC, sell, whatever... you just can't move it off exchange for 5 working days - and the rules around it are somewhat elusive I've had a £500 amount frozen, but £1000+ allowed off straight away.... It just mitigates that risk so you can get off immediately If you have Revolut premium, FX conversions are done at the Mastercard overnight rate, so basically as close to spot as us plebs are likely to ever get, and there is no fee or haircut taken

Mentions:#BTC#FX

… and same article, “Zak Pendl – co-head of Global FX at Goldman Sachs” thinks the price will undoubtedly go much higher Neither knows shit about fuck, but I like the message from the well known goldman sachs vs the guy that exited his entire position @ $19k working for a firm I have never heard of before (after dyor, it looks like they focus on insurance??). But I’m also addicted to hopium, and still accumulating, so 🤷

Mentions:#FX

tldr; Pyth’s data – sourced from 80+ data feeds – is now directly available to all developers building on Ethereum and Optimism. The Pyth network includes over 80 prominent financial market participants as data publishers across crypto, equities, FX, and metals. Pyth price feeds have been available on Solana mainnet since August 2021 and BNB Chain since May 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#FX#BNB#DYOR

SCAM ALERT BEWARE, I was lured into investing with one FX trader, the offer was too good to reject as the user said she invested X amount and got back 5X the amount within a period of 7 days, I decided to give it a try too and within a period of 5 weeks I had paid $31,700 in total to the scam company and each time they came up with a reason why I needed to pay more to withdraw my money and earnings which they claimed had accumulated, I was fed up and complained on a site luckily a user recommended me to this crypto recovery experts JESSICA_CR4CK on instagram I was reluctant but then contacted them and they asked for the transaction history and details and within 7 hours they asked for my wallet address and sent me a whooping $31000, I can't thank this guy's enough, this should be a lesson to anyone out there trying to make the same mistake, and if you already in one of this cases then you shouldn't hesitate to contact the recovery experts JESSICA_CR4CK ON INSTAGRAM for help.

Mentions:#FX

SCAM ALERT BEWARE, I was lured into investing with one FX trader, the offer was too good to reject as the user said she invested X amount and got back 5X the amount within a period of 7 days, I decided to give it a try too and within a period of 5 weeks I had paid $31,700 in total to the scam company and each time they came up with a reason why I needed to pay more to withdraw my money and earnings which they claimed had accumulated, I was fed up and complained on a site luckily a user recommended me to this crypto recovery experts JESSICA_CR4CK on instagram I was reluctant but then contacted them and they asked for the transaction history and details and within 7 hours they asked for my wallet address and sent me a whooping $31000, I can't thank this guy's enough, this should be a lesson to anyone out there trying to make the same mistake, and if you already in one of this cases then you shouldn't hesitate to contact the recovery experts JESSICA_CR4CK ON INSTAGRAM for help.

Mentions:#FX

They could be selling it into another FX, although I doubt anything will outperform USD right now

Mentions:#FX

Not really. Devs dumped all their Nano, but they are being funded by a british FX company called 465di. Indeed, Nano is about the tech, and its revolutionary.

Mentions:#FX

I say this with bias (pretty hard to get away from on here) but - this is not really true. The Nano foundation isn’t really reliant on the dev fund. [It’s sat at Ӿ300,000 for over a year](https://nanolooker.com/developer-fund), and it’s speculated the devs have external funding from the likes of Trustable/Gavin McInnes. Only two months ago there was a Nano meetup in London where the use cases and technicals were explained - the goal is for Nano to be used a as [quick settlement system in the FX market](https://youtu.be/N-9qIQLVggg). The devs are still active on github - although admittedly v24 progress is slow. Anti-spam measures are being worked on and have been pretty successful. They have gradually shifted to be more business-focused and have actually hired more people for these roles. Difficult in a bear market though, I suppose. I still don’t know another coin that does what Nano does, better.

Mentions:#FX

tldr: - In Q3, the macroeconomic environment continued to experience considerable volatility - Crypto markets showed signs of resilience by outperforming asset classes such as equities, bonds and FX - While trading volumes and open interest lingered at median values for BTC over the last two years, there was a meaningful return to pre-crash levels in ether (ETH). - The dramatic shift in the tokenomics of ETH are still being realized by the market and will take time to materialize. - While equities continued to sell off, and crypto companies maintained hiring freezes and conducted layoffs, announcements of strong funding deals with respectable valuations were seen.

Mentions:#FX#BTC#ETH
r/BitcoinSee Comment

In international FX trading, there is a very real concept of "Non deliverable currencies" where sanctions mean you can't trade and actually settle in particular currencies. Think, KRW (Korean Won) BUT people want to trade the inherent volatility of these wildly swinging currencies... so they enter into derivative Fx spot/forward trades but pay a massive premium to have it settled in something like USD or EUR... So being a Fiat currency doesn't obligate anyone to accept it (at least at the macro scale) The TLDR for fiat for me, is a central bank issued exchange of value whereby the same central entity can print as much as they like. It's not entirely accurate, and largely reductive, but it captures the essence of it near enough

Mentions:#FX#KRW

I am planning on switching to Plutus. But I just wanted to enjoy the FX free but I am getting really pissed with CDC. No accountability. I an close to break even that is why I keep using it until I reach the amount of money I Put..

Mentions:#FX

PlanB is a comedy. We all know that at this point. He doesn't even give enough details on why S2F is different from S2FX and different than floor model (they are NOT). He failed countless times to provide a mediocre explanation.

Mentions:#FX

Being able to buy collectible avatars with an alternative payment method, not having to purchase them in-app via Apple (in my case). At the time of payment my avatar was 59.99 EUR making the purchase in the iOS app. Logging into the desktop site afterwards I realised it would have been 49.99 USD or roughly 51.10 EUR at the time. Even taking into account a small FX surcharge, I paid at least a 15% mark-up using the in-app payment. I know Apple/Google take a big cut of up to 30% but is Reddit not able to offer alternative payment methods when using the app?

Mentions:#FX

You can't import shit to Russia, now can you get money out, so that FX rate you see if largely for money stuck in Russia. Great. Who the fuck wants money that's stuck in that hellhole of Russia?

Mentions:#FX

South Africa’s Financial Sector Conduct Authority (FSCA) has deemed cryptocurrencies ‘financial products,’ according to the government gazette. In the notice, the FSCA added that authorities plan to introduce regulations such as applying FX controls to the asset class and a framework to license firms offering crypto trading services.

Mentions:#FX

Yes, got it. I didn't say it in an argumentative manner. But still, the VISA card uses EUR / USD / AUD / CAD. Not crypto. So FX conversion fees are applied and so far they were covered by CDC.

Mentions:#VISA#FX

Yeah same.i am considering changing to plutus and use the Curve FX trade. I just unstaked today . I will dump all he cro and swap them into Eth I guess. Too bad I lost money in that :(

Mentions:#FX

If they start hitting icy and above with this type of changes, I’ll assume they are in desperation mode. Reason is, higher tiers are a minority of the user base (so subsidising their FX fees probably isn’t a massive cost) but they still represent a large amount of staked CROs as each of them is staking 10 to 1000 times mor than lower tier users. Giving them more nudges to unstake would be a pretty risky move for CDC.

Mentions:#FX

When I was doing FX trading a couple of years ago, same phenomenon. People use different techniques and give conflicting views. Trust no one in the Internet. Now I’m doing crypto and the problem with TA is amplified by 100x.

Mentions:#FX

I use it moslty for payments. My country limits monthly FX transactions but with crypto payment platform such as Vella Finance I can make purchases in FX at will. I also use NGM's EEUR stablecoin to send and receive payments across border.

Mentions:#FX#NGM#EEUR

Nah the person I'm replying to is up on their high horse insulting others about a topic they're ignorant on. Got 0 respect for that so I'm just gonna keep being a condescending prick to them. I didn't mean to say they're correlated to one another (unless you count BTC and DXY inverse correlation) necessarily, just that they're both financial markets that employ many of the same concepts and where market participants behave similarly, thus if TA works in forex much of it will likely work on crypto. Many of the best crypto traders I know started out in FX

Mentions:#BTC#FX

You should really refrain from being so condescending because FX and crypto aren’t correlated. Crypto and equities have even diverged a bit.

Mentions:#FX

Thank you for the write up 🙏 I agree with all your points and it’s so ironic how crypto always gets singled out because of the fact it’s crypto. Meanwhile the large investment banks are getting fined year after year for manipulating FX, gold markets, charging fees on dead people’s accounts, etc. My experience is, don’t try to convert anybody who already made up their mind. It’s a downhill battle. This entire sub is already way ahead of the mass adoption curve.

Mentions:#FX

I don't have a source of income other than crypto, I use several crypto cards and stablecoins in lieu of a bank account I moved to another country and can't change my CDC card to the local currency The spread for FX is just under 2% at the moment But you can use the curve card in front of your CDC card and let them do the FX and you get a fair exchange rate.

Mentions:#FX

No google as an exchange, Google's FX feeds. Real AUD/USD is roughly 0.63 but google has it as 0.74. So a bunch of trading platforms here in maintenance mode now...

Mentions:#FX

Just because something didn't run in 2021 doesn't mean it won't run in 2024. Use case will become more important and circular defi will die. Remittance, feeless sending and receiving and FX will all be core to the next run.

Mentions:#FX
r/BitcoinSee Comment

*SCAM ALERT• I saw this post about investing with one FX trader/Bitcoin mining company. The offer was too good to reject as the Facebook user said she invested X amount and got back 5X the amount within a period of 7 days, I decided to give it a try and within a period of 5 weeks I had paid $32,600 in total and each time they came up with a reason why I needed to pay more to get my money and earnings which they claimed had accumulated, I was fed up and complained on a site luckily a user recommended me to this crypto recovery experts on instagram called JESSICA_CR4CK * I hesitated but then contacted them and they asked for the transaction history and details and within 7 hours they asked for my wallet address and sent me a whooping $31,000 I can't thank this woman enough

Mentions:#FX
r/BitcoinSee Comment

*SCAM ALERT• I saw this post about investing with one FX trader/Bitcoin mining company. The offer was too good to reject as the Facebook user said she invested X amount and got back 5X the amount within a period of 7 days, I decided to give it a try and within a period of 5 weeks I had paid $32,600 in total and each time they came up with a reason why I needed to pay more to get my money and earnings which they claimed had accumulated, I was fed up and complained on a site luckily a user recommended me to this crypto recovery experts on instagram called JESSICA_CR4CK * I hesitated but then contacted them and they asked for the transaction history and details and within 7 hours they asked for my wallet address and sent me a whooping $31,000 I can't thank this woman enjoy

Mentions:#FX

Doesn't matter if they're EUR. Your FIAT amount will fluctuate based on the value of the company and the EUR/USD FX rate. So if you had 1000EUR in an index fund and its underlying US companies grew 10%, you don't necessarily have 1100EUR. You have 10% x EUR/USD. You're owning a share of businesses, not EUR. It's just denominated in EUR.

Mentions:#FX

Oh my God. I want Nintendo to launch a Blockchain too and then I want Blockchain wars like the console wars in the 90s. Those were the times. And Nintendo at some point will launch the Super Blockchain with more colors and 16Bit-Encryption and a FX-Chip for additional safety

Mentions:#FX
r/BitcoinSee Comment

Unpopular opinion: S2FX still in play

Mentions:#FX
r/CryptoCurrencySee Comment

Sorry for the late reply! I went down an R rabbit hole! "Derivatives" as in just options or do you look at futures and CFDs too? I only recently discovered crypto (ie, a fortnight before LUNAgeddon). Did well in crypto, FX, equity options, equity indicies and bond volatility (MOVE) because my models PLUS intuition showed that the June 2022 "bottom" would cause a STRONG rebound as speculators assumed That This Time Won't Be Different™ and the Fed et al would reverse once the financial markets capitulated. I rode the 50% retracement during the summer and shorted it just before the collapse of the last 2 weeks. Being new to crypto, I value crypto the way I value zero-profit growth stocks. BTW, the markets have discounted the impending rolling blackouts in the EU this winter.

r/BitcoinSee Comment

Eventually all currencies will be absorbed by bitcoin at which point FX trading is done for.

Mentions:#FX
r/CryptoCurrencySee Comment

And now we're at the end of the barrel.. so it's fucking the economy....but don't worry kids this is all project fear everything will be fine. My pension for some stupid reason thought UK gilts were safe... I'm actually more safe taking a crap on the FX trading desks and producing a really solid and smelly product called the S&P500. She's not sexy but she's way more last min headstands by south London hipsters God I dunno why I'm typing all this we are so screwed. I'm going 70/30 bitcoin. Sam

Mentions:#FX
r/CryptoCurrencySee Comment

The strategy works [if applied to the entire history of Bitcoin.](https://youtu.be/3M6ZxXBGEnY). People around the world use this strategy daily for trading equities, FX, crypto, derivatives... It's definitely not something which I invented. Just wanted to share it with the sub.

Mentions:#FX
r/BitcoinSee Comment

I’ve been in BTC for 7 yrs, I know how it moves. I also work in the FX industry, so I’m pretty in tune with central bank movements across the globe. I’m just telling ya my thoughts - you do you

Mentions:#BTC#FX
r/BitcoinSee Comment

The mistake I keep seeing people make is thinking bitcoin needs money printing to resume in order to enter a bull market and get back above all time highs. Thats not the case at all, there likely wont be a fed pivot this cycle. This isnt a recession that can be solved by printing money this is the end of the road aka global sovereign debt crisis. All bitcoin needs is for capital flight from the FX markets bond markets and stock markets to find its way to safe havens. Even if bitcoin only absorbs 5% of safe haven capital flight it will skyrocket.

Mentions:#FX
r/BitcoinSee Comment

Resources: This explains the dynamic between the dollar and bitcoin. https://youtu.be/10vzm0ZmB-U Why bitcoin not gold: I stated a "meaningful percentage of safe-haven-seeking capital would move into bitcoin". Implying for example that for every $1M looking for a safe haven perhaps 10% of that ($100k) would end up in bitcoin as part of a diversified safe haven allocation. So maybe 60% ends up in gold 30% in other percieved safe havens and 10% in bitcoin. Yet because bitcoin is such a miniscule market relative to gold FX and Bonds it will still have far higher percentage gains even if only 10% of safe-haven-seeking capital moves into it which will cause insane rallies. Bitcoin is 1/20th the size of gold so even if bitcoin were to absorb significantly less capital compared to gold it would still have far higher percentage gains. Did this happen before: Yes to a smaller extent but not exactly the same situtation. In 2008 once the dollar ceased being a safe haven towards the end of 2008 gold spent the following 3 years in a raging bull market. I expect (just my opinion) bitcoin to act like golds little brother at the beginning but end up with a similar market cap to gold by the end of this calamity. So say once all is said and done gold and bitcoin both end up with a $30T market cap, thats a 3x rise for gold and a 60x rise for bitcoin, which is a gold price of ~$6000 and a bitcoin price of ~$1.5M. Hope that helps clarify my points.

Mentions:#FX
r/BitcoinSee Comment

Yea you're right the British Pound is a completely irrelevant 3rd world currency that no one in the FX markets should pay attention to.

Mentions:#FX
r/CryptoCurrencySee Comment

Shitcoins not bothered by FX/currency crisis 🧘‍♂️

Mentions:#FX
r/CryptoCurrencySee Comment

Maybe kids on Reddit don’t necessarily know what they talk about. It’s not a complete bank though but it offers money accounts and credit cards on them. So absolutely stripped down to “have an account and be able to put in and out money”. Santander for example is absolutely different animal. No, the example is not bad at all, it’s just not one in which crypto looks good and fiat looks bad. It would most likely be a lot easier if SEPA and SWIFT could share a protocol and you could expand these services to other continents. That’s a business question you gotta solve but it’s definitely not impossible without a blockchain. Your understanding of the tax code is almost right - if you had no “outstanding stash”. Imagine you have a wallet. You put a Euro in. A day goes by, you put in another Euro. Another day goes by and you take out one Euro - is that now the first or the second Euro? For euros that doesn’t matter but it does matter if that Euro was suddenly worth a lot more and it’s the question which one you’d have to choose from a tax perspective. Legally speaking, none of your tokens are distinguishable. You have to decide (which you di once and then can’t change anymore) whether you follow FIFO - first-in-first-out, or LIFO, last-in-first-out. That means for fifo, everytime you exchange a token away, you realise its capital appreciation based on the oldest token that hasn’t been “cancelled out”. Depends on your local tax law how what is to apply but it’s more complex than “I’ll just buy it and send it over, no win was made”. And potentially a lot more expensive. To the transaction you made, 10% is too expensive. That’s comparable to doing a BTC transaction on-chain - there’s Lightning. Santander gives you a whole different set of guarantees with those transactions (similar to sending a letter by e-mail and having physical mail delivered by a carrier and getting a signature that all was delivered and accepted). Revolut has a lot simpler guarantees, focusses on the UK for this only but charges 1% on the swap spread - even with EUR/BTC + BTC/GBP you will have a worse exchange rate if you ignore all BTC costs, as that is one of the most liquid pairs on earth. Plus try to find a CEX which can send money to a UK account for free - you know, the money it costs you to send money (besides the FX costs) to the UK, you’ll be charged for by the exchange who also can only do an international bank transfer. That’s the good thing about Europe, if you take Coinbase, it’s SEPA. all free. That’s a factor you’ll also have to add, if you are not in a first world country. Revolut also supports SEPA and the inbank-conversion is instant. So in your example, fiat would be cheaper and faster than XRP. The Luna thing is unlikely, but if you count the number of scam tokens, that’s a hell lot more likely than if you’d do this in any of the top 50 fiat currencies, which is about 98% of the world economic activity. And I’m saying that this doesn’t really matter as you need to consider the whole transaction. If you have a crazy fast DB server but you have to carry a hard drive back and fourth between the offices for transfer, then the whole workflow is just slow, since the DB itself is just a very small aspect. Or having a really efficient sorting algorithm but only a few kb ram to store elements. Your last point is really good and something that I keep saying - it’s not 2007 anymore. Banks have also developed a lot and become a lot more competitive. A guy in this sub boasted the other day how crazy modern crypto is in comparison to a bank where he has to go to a bank branch and write a check to a bank teller to do a simple transaction and so on… as if it was 1981. My bank doesn’t even have branches. The game has moved significantly and currently crypto can’t really keep up. As if everyone was battling government defaults on the daily. I also don’t pay anything for 99.99% of my transactions which, beats using crypto for 99.99% of my transactions. And that 0.001% is in sum not making it better. The focus of the development communities should be a LOT more on solving these actual issues, not fucking around with 20.000 tokens that nobody needs.

r/CryptoCurrencySee Comment

“In the future” does not mean it’s gonna be feasible. In the future means “maybe”. “Maybe” Swift takes algorand as settlement infrastructure and allows Euro and USD exchanges for fractions of cents. But you are right, I’m indeed going a bit off the rails a bit. It’s just not a small topic (which a lot of posts here make it seem). I’d have to look up the transaction costs. But the fiat transaction is free, since we’re both in Europe. Zero transaction costs. Zero. Up to 50.000€ - then small order fees start but that’s bank dependent. Sending money in batches of 50.000 circumvents this. Revolut-type apps? Revolut is a bank. They are about as fast as all other banks. If they are faster, that means they manage to book their funds faster on the same SEPA/SWIFT channel, which is where banks differ. Some banks have small ops and trade directly, some communal banks are not allowed to have own FX desks and need to order other banks to do that transaction for them. A bank is not just a transfer address - it does a lot, lot, lot more. Arguably, this can be improved with digital currencies - but also here, a CBDC (let’s not talk about the obvious control issues, only about efficiency) will in all circumstances be faster. A single node in the US CBDC research project managed to be about 25 times faster than Algorand, without crashing. Why? Because there is no additional confirmation necessary, it’s literally just booking stuff in a DB. With your last statement, I kinda agree, that was a bit too simple. But you’re welcome in showing me an actual trade (including all factors, tax, etc) in which a crypto-based transaction currently (!) is cheaper. Looking forward to be taught otherwise.

Mentions:#SWIFT#FX
r/CryptoCurrencySee Comment

I would argue no. It’s not that banks WANT to take 3 days. It’s that international business is really complicated and it’s not slow because “code is slow and inefficient and centralised”. It’s because it has to apply to tens of thousands of pages of legal pages on how international transactions are to be handled, from a reporting point of view to a tax point of view to wherever. If all that wasn’t in place, a transaction for banks for take microseconds. A simple encrypted payload with target account, execution account and amount of money to be transferred. You’d have your money faster than crypto could ever be. We are currently having almost none of the reporting standards in place, which is why you currently have to pay tax twice and need to report everything you do - and also a reason why businesses can’t accept crypto in their stores so easily, because ifs not a “legal tender”. Otherwise, why not accept Euros as well? Or pesos? To ensure that whatever you do you don’t just rely on trusting that this person doesn’t simply routes everything through monero or similar, you have an aching amount of complexity in place. Especially if you start to scale up the volume to institutions. So… the comparison is not really clean here but as said, lets compare the status quo. Again, crypto-crypto is fine but you want fiat-fiat. So you’re looking at fiat-fiat/crypto-crypto-crypto/fiat-fiat - that the crypto transaction is fast and cheap is clear but that’s by far not the only one. Plus what do you do when the exchange limits cash outs, because everyone now starts to treat it like a bank? A bank has strictly regulated cash reserves. An exchange doesn’t. I just said, it’s 3€. If your big case is to send 30€, then go ahead. Let’s see how the transaction looks like with 30.000€. Or 30.000.000€. That crashes pretty much every exchange volume to date and you’re looking at a good 10-15% cost. In FX, that transaction is booked by traders and can then be transferred on the same day by just two or three executions. That will also cost a bit more - but definitely not 3-4 million. More like a few thousand. Go to kraken and look at the daily volume and the order book depth. Calculate your roundtrip costs. This shit will become very expensive quite quickly. Or does “the future of finance” rely on transactions staying smaller than 30€? Blockchains are expensive. Look what Bitcoin effectively achieves as a single application in comparison to the energy it needs (that’s not a green discussion, more like FLOPS/Watt) to function. That’s nuts. And inefficient. They are general constructs but there is (besides a decentralised currency maybe….) no application for them where a blockchain is the prime solution because it’s more efficient. Sure, you can say “well, for maximally decentralised applications!!1” then yes but… what real-world application needs to be SO decentralised that it can’t just be solved by message passing and a distributed service cluster of Kafka brokers? Which also are more efficient without a blockchain, even as a distributed application. The need for a decentralised database is largely overstated and that happily gets ignored in this sub. Go ask in actual developer communities that are NOT crypto bros. Ask where they see blockchains as the best solution (you know, the guys who actually understand these things because they can build them). You’ll be shown the door. I like to bring GNU Hurd in these cases as an example. It does something fundamentally different than most OS kernels and solves a fundamental problem - that doesn’t mean that the world can’t evolve without sandboxed drivers. It’s theoretically interesting, like a blockchain, it’s just that a postgresql DB is mostly better as a database and a message broker mostly better in scaling and decentralising applications. That’s another big issue - and also one of the reasons for which the absence of really useful dApps that don’t just juggle other dApps around (DEX, lending platforms, etc) is a big symptom.

Mentions:#FX#SO#OS#DEX
r/CryptoCurrencySee Comment

For something to be a Ponzi, it needs to be an investment. Is Fiat currency an investment? Maybe for an FX trader but I really doubt the average person is selling a used laptop thinking "these dollars are an investment vehicle that will make me more rich". While Bitcoin is clearly not a traditional Ponzi, it shares a few major characteristics, being that most people view it as an investment, and that said investors only make money when there are new investors.

Mentions:#FX
r/CryptoCurrencySee Comment

Shitty things about using crypto: * by definition you’d need a hot wallet. * constantly tracking exchange rates. Now you need to worry about FX. * transaction fees on chain * transaction fees going chain => USD * do you hold people in your stir for 20 minutes until transaction clears and chain is finalized with at least one more block, or do you let them go and take the risk * yet another computer on your cashier’s desk, and training costs None of this takes in account the “I’m making the planet so much worse for my kids”

Mentions:#FX
r/CryptoCurrencySee Comment

Easy to answer. As long as the shopkeeper himself can’t spend his crypto, from an economical perspective, why would he/she want to accept it? If it’s all just a storefront for charging and spending fiat in any way, you can cut crypto out. You’re not doing it differently, you earn fiat, buy crypto, go to the store, transfer crypto for the good (taxable event, potential FX risk for you), the shopkeeper needs to pay his rent and restock the goods, which in 99.999% of cases he has to do in fiat, so he changes back to fiat (taxable event, plus possibly FX risk for the keeper) to pay the rent. Those two transactions also cost both parties scalping costs by market participants. This is on top of the FX risk that the supplier has if it’s an international supply chain. You just made the transaction uniformly worse while keeping the same centrality. If the storekeeper can however buy his supplies with crypto, he is using it as an actual means to exchange goods. As a currency. It can’t create more frictions, otherwise, why bother. You could also ask “what keeps stores in the US from accepting Thai Baht in their stores? Literally millions of people pay with it every day and the international transaction volume is really high”. Same issue. If you bear the FX risk and the addition taxation cost on the shop keeper with no apparent upside, why would he. Man, I’m surprised that with the number of PhD-level experts on monetary policy and inflation control on this sub you have questions what the microeconomic costs for adopting more payment streams. It’s almost like people don’t really grasp the basics of economics.

Mentions:#FX
r/BitcoinSee Comment

the political elite manipulated Nuclear Power industry, it manipulates gold prices, it manipulates Dollar FX of course it CAN be manipulated atleast in the short-term/mid-term

Mentions:#FX
r/BitcoinSee Comment

> Ok, this is enough, have you ever fucking heard of forwards? I was clearly talking exchange traded futures contracts. That's what we were talking about ... the BTC futures contracts, right? BTW: I used to trade $80B USD a year in FX forwards. They're OTC. And nobody ever refers to them as "naked" either. > In every market there's two opposite sides for a trade, that's not being discused here and that's not what being naked means. Yes. Exchange traded futures contracts **always** have longs = shorts. Always. It's enforced at the per-trade level on the exchange. There is no such thing as a naked (exchange traded) futures. Or do you know nothing??? At this point you are just distracting away from the point. The BTC futures are exchange traded cash settled futures. You've proven that you know nothing about it --- pretty much everything you said in your first post already established that.

Mentions:#BTC#FX
r/CryptoCurrencySee Comment

FX is extremely difficult with tons of capital, it is fun but tough pond, best of luck

Mentions:#FX
r/CryptoCurrencySee Comment

FX? You must be extremely intelligent (and rich)

Mentions:#FX
r/CryptoCurrencySee Comment

I have a job too, I’m a full time accountant lol. I’ve just always enjoyed trading as a side hustle. Not only in crypto, but also FX and stocks.

Mentions:#FX
r/CryptoCurrencySee Comment

Meme coins, yes. After all, doge is the second largest PoW token now. All that market size and it’s a meme token. Outsizes dot, algo, atom, all these hyper-serious networks in size combined. Means nothing, true. Because actual utility doesn’t matter in crypto. “They are used”, so how much? Over 10 years and all you get is some digital identity project in Nigeria or something? Come on, there are startups with new technologies that have taken over half the planet in that period of time. Tel me what piece of global financial infrastructure is improved (not just “oh you can also do it with crypto, it’s not gonna scale so well and be more expensive but you can!” but actually (and not potentially) replaced. Where is the large global store where you can pay with ETH or BTC? And not these fake solutions with “you use your tokens, we transfer them at a for you quite inconvenient conversion rate to USD and make the sale through SWIFT as usual but you can pretend you paid with crypto and we sell your order directly to the next hedge fund to scalp off!” Because that’s not happening in fiat - well it technically is but the FX market is SO liquid in comparison, you’re loosing fractions of cents there). Show me the REPLACEMENT. If no crypto infrastructure manages to even replace the small little thing it’s supposed to compete with, it’s useless in the first place. You don’t need another technology which is not effectively improving (you know, because then it would push the classical technology out of the market). Just because GNU Hurd exists and fixes some things about kernel fragmentation doesn’t mean Windows is on its way out because of it. And crypto is the GNU Hurd of financial infrastructure these days. Had super high hopes for it since 2014 and have pretty stopped believing it it - despite making very good money from it. Just because there is someone dumb enough to buy my tokens and give me actual money for it doesn’t make it “a successful technology”.

r/CryptoCurrencySee Comment

What are you even talking about. If the foreign country also does not accept crypto directly then you have not just one somewhat liquid (in comparison….) fiat transaction, you have two, BTC/A and B/BTC. AND you need to assume that both of these pairs are liquid enough. Or do you mean your great way of changing back coin to USD and have THEN Mastercard do the FX transaction for you on fiat? Come on. Yeah moons. Great utility. Will definitely buy because I want money on Reddit and that other kids look up to me. I talk to you without caring about a single moon at all. It’s useless for me. Haven’t activated a vault, will not get an NFT avatar, because for what. HAVING it is one thing but why should I give you my money to GET moons. That’s similar to these “walk-to-earn” tokens. Yeah you can generate them by walking but who should exchange their eth for those tokens from you? For what? Why? Just to switch them with someone else for some other stuff? That’s absolutely mental.

Mentions:#BTC#FX
r/CryptoCurrencySee Comment

Buying internationally with bank credit card has FX fees higher than buying with crypto.

Mentions:#FX
r/CryptoCurrencySee Comment

I wouldn’t necessarily try to game FX markets for increasing your savings. I would invest in actual assets for that. For savings, I would just hold them in what I think is the best FX, which is probably the USD or the CHF and that’s it.

Mentions:#FX
r/CryptoCurrencySee Comment

Buying p2p on Binance is akin to buying $ on the street/black market. THIS IS NOT PROPER FX TRADING - you can't convert millions/billions or Rubles into hard currency in freaking Binance. **You can't sell your Rubles in the banks or in FX brokers, thus the market stays artificially protected.** YOUR CURRENCY IS NOT TRADED FREELY IN THE OPEN MARKETS - stop saying BS about "myths". If your despicable government didn't want a strong currency why are they forcing Europe to pay for energy in their Rubles against current contracts? Why aren't they allowing free FX trading? You are completely clueless as are most of your fellow citizens. The next few years will be a sobering awakening for all of you.

Mentions:#FX#OPEN
r/CryptoCurrencySee Comment

Inflation, by definition of how everybody understands it in common conversation, is just the general increase in the price of everyday goods and services. This can be from the devaluation of the currency through increase in the money supply, or FX market movements making imports more expensive, or oil prices going up, or anything else really. Practically speaking, there is no difference between the 70% devaluation of BTC over the last year and the 9% devaluation of USD over the same time period, except scale.

Mentions:#FX#BTC
r/CryptoCurrencySee Comment

I am a huge fan for crypto but literally you could Google and find cheaper alternatives within a couple of minutes. Eg transferwise or currencyfair charge around 0.5% aggregate in fees and use spot FX rate.

Mentions:#FX
r/CryptoCurrencySee Comment

Nothing new here, foundation has existed for a long time now The post is about Trustable, interbank FX global network which let's you swap fiat for fiat, fiat for nano and nano for fiat without fees

Mentions:#FX
r/CryptoCurrencySee Comment

Sounds like they ran out of nano to sell and are looking for new ways to make money. Hopefully the whole settlement FX network is profitable so they can continue developing nano and its ecosystem

Mentions:#FX
r/CryptoCurrencySee Comment

honestly, i would just be happy if the stinking exchanges would put in the ability to do a trailing stop like FX brokers. Id be perfectly ok missing out on the 100% increase due to not being at the machine if the trailing stop would keep up and at least pull a few bucks when it reverses direction. having to cancel the stop to move it is dangerous as well. I have had THAt happen also, canceled the stop to move it into profit in case of reversal, then the exchange "crashed" and the reversal crashed like a freakin tsunami. way way past where my original stop was. cleaned me out again. what would have been a 2 % loss, turned into a wipe out because I