Cointelegraph has released Episode 8 of its Crypto Trading Secrets podcast, featuring an interview with trader, investor, podcaster and YouTuber Chris Dunn, who touts experience in mainstream markets as well as about 10 years of activity in the crypto space. The trader and investor answered questions asked by host Benjamin Pirus during the episode’s March 14 recording, giving his opinions on the role Bitcoin plays as an asset and why he thinks people are willing to buy the coin, plus much more. Dunn mentioned that he thinks COVID-19 got mainstream, non-crypto folks to ponder the United States money system, including questioning how the government can create trillions of dollars and whether or not to trust the U.S. dollar. “Then kind of the second thing is, okay, we’ve got some bank failures happening right now. We’ve got inflation going through the roof, and people are getting squeezed,” Dunn said. Over the course of 2022, inflation hit significant levels across the globe. In March 2023, Signature Bank, Silicon Valley Bank and Silvergate Bank all went under. These three players all had involvement in the crypto sector. Dunn explained: “Millennials and younger are going, ‘Hey, I make a good income, I work really hard, but why can’t I afford the average house in my town or city?’ and ‘What happened there, and what can I do to build my wealth? How can I beat this inflation monster?’” “That’s where Bitcoin comes in. At least so far, it’s proven to just really have a great compound annual growth rate,” Dunn said. “It’s outpaced inflation really, really well,” he continued. “Will that happen into the future? That’s yet to be seen, but it’s proven itself so far over the past decade-plus to be a great store of wealth, even taking into consideration the depths of the bear markets.” He added: “Adjusted for volatility, Bitcoin is still one of the best-performing assets on the planet. So, I think people are waking up to the idea that maybe fiat isn’t the best form of money and maybe there is a better way to store our wealth.” Since its launch in 2009, Bitcoin has increased in price from less than $1,000 to more than $65,000 per coin at its peak, but it has also suffered dramatic drawdowns. In 2017, BTC increased in price from around $1,000 all the way to nearly $20,000 — and then plummeted down below $5,000 in 2018. It then surged past $65,000 in 2021 before falling back below $20,000 in 2022, according to Cointelegraph’s Bitcoin price index. This type of turbulence makes the question of whether or not it’s a store of value a point of argument, given that buying at the wrong time could lead to significant losses. Dunn also gave his take on a number of other questions during the episode and talked about his background. Check out this and other episodes from Cointelegraph’s Crypto Trading Secrets podcast on Cointelegraph’s podcast page, Apple Podcasts, Spotify, Google Podcasts or TuneIn. Click here todownloadIOS or Android version APP Bibox community Telegram：https://t.me/BiboxExchangeEnglish Twitter：https://twitter.com/Bibox365 Facebook：https://www.facebook.com/Bibox2017

When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts have framed the proposal as a somewhat underwhelming update to the current crypto landscape in Israel. In short, the TASE proposes that only authorized brokerages act as fiat-to-crypto onramps, aided by licensed crypto trading providers. The stock exchange said that it designed the framework to mitigate risks and enhance consumer protection. Without a specific timeframe, the proposal will be sent for approval by the TASE board of directors once the public comments have been submitted. How TASE plans to conduct crypto trading Non-banking members (NBM) of the Tel Aviv Stock Exchange will play a vital role in the proposed crypto trading services. An NBM is an Israeli broker authorized by TASE. The official roster shows six brokerage firms with a TASE membership, including UBS Securities Israel, Meitav Trade and Fair Financial Technologies. If the proposal passes the board, these brokers will get in touch with two functions, a licensed crypto trading services provider and a licensed crypto custodian, in order to enable customers to deposit and withdraw fiat money to use for crypto investments. When a customer wants to trade with crypto, they will need to start by depositing fiat money, Israeli shekels or a foreign currency, to their brokerage account. The broker will then deposit the same amount (still in fiat) in an omnibus account at the licensed crypto trading provider, or crypto exchange. As soon as the customer places the order to buy cryptocurrency, the actual purchase will be executed at the crypto exchange via the omnibus account. It will also be recorded in the customer’s brokerage account. Conversely, when a sell order is initiated, the crypto trading platform will sell the coins and send the sum to the same omnibus account as fiat money. From there, the same amount will be deposited back into the customer account at the brokerage. One step forward The stock exchange sees a regulatory framework for crypto trading as a means to upgrading the Israeli capital market in line with international standards, according to the announcement, which reads: “TASE believes that the alignment of local regulation with international regulation will attract more foreign investments and foreign investments and foreign investors into the Israeli market, while at the same time will enable the Israeli public to invest locally, through supervised institutions.” Ben Samocha, the CEO and co-founder of educational crypto platform CryptoJungle, referred to enabling crypto trading for authorized brokers as another milestone for crypto adoption in Israel. According to him, TASE’s proposal shows the crypto industry’s reputation is back on track after scandals surrounding FTX and Celsius damaged its credibility and trust. Click here todownloadIOS or Android version APP Bibox community Telegram：https://t.me/BiboxExchangeEnglish Twitter：https://twitter.com/Bibox365 Facebook：https://www.facebook.com/Bibox2017

A draft for the approval of an expansion of crypto trading activities to non-banking members has been published by the Tel Aviv Stock Exchange (TASE) for public comments. In a TASE first, a Feb. 27 announcement stated the proposed structure will enable customers to deposit fiat money designated for investments in digital assets. Non-banking members will act as licensed providers for crypto trading and custodial services should the proposal be approved. Customer funds will be placed in an “omnibus account” as the intermediary for crypto trading activities. It will also allow clients to withdraw funds originating from the sale of crypto but the process is somewhat convoluted. This has been done to mitigate risks and enhance consumer protection, according to the announcement. “This is another step in the advancement and development of the Israeli capital market that aims to encourage innovation and competition while mitigating the risks and protecting the customers.” Once comments have been submitted, the proposal will be sent for approval by the TASE Board of Directors, however, no timeframe was provided. The lobby of the TASE building, located in central Tel Aviv, is Israel's only public stock exchange. Source: Yaniv Morozovsky Things may not go so smoothly for the Tel Aviv Stock Exchange and its crypto trading ambitions, however. The regulatory outlook in Israel is becoming harsh for the sector as a proposed law plans to classify crypto assets as securities. In January, the Israeli Securities Authority (ISA) proposed a framework for regulating digital assets, placing them under the umbrella of securities. In February, the CEO of Israeli crypto trading and custody firm Altshuler Shaham Horizon, Ilan Sterk, told Cointelegraph that the reclassification is “changing everything here,” and added, “it will kill the industry.” The TASE announcement stated the current regulatory approach in Israel is to “impose regulation on financial activities or services in digital assets similarly to that currently applied to non-digital assets.” However, the TASE remained confident, concluding: “TASE believes that the alignment of local regulation with international regulation will attract more foreign investments and foreign investors into the Israeli market.” In September, Israeli crypto exchange Bits of Gold became the first in the country to receive a license from the Capital Markets Authority. Click here todownloadIOS or Android version APP Bibox community Telegram：https://t.me/BiboxExchangeEnglish Twitter：https://twitter.com/Bibox365 Facebook：https://www.facebook.com/Bibox2017

24/7 Customer Support Matters in Cryptocurrency Trading, Here’s Why Key Words:cryptocurrency,Customer Support, Customer Care Rarely do companies grow at the rates registered by blockchain companies and cryptocurrency exchanges in recent years. The demand for their services in the last three years alone has been astronomical, even forcing some to suspend new account registrations. 24/7 Customer Support Matters in Cryptocurrency Trading, Here’s Why - 1 Surveys show that traders are likely to quit a platform if their customer care service is below par and unsatisfactory. Not only does that slow down momentum gained by a cryptocurrency exchange but poor customer care support also irreversibly damages a brand since that service is literally the face of the brand. The crypto space is vibrant and traders are now demanding the best services in every aspect. Gone are the days when emails could be responded to after three or four days. Queries, given the fast-paced nature of the crypto world, ought to be handled instantaneously. Given how many new traders are registering and searching for exciting opportunities on offer, often with little understanding of cryptocurrency concepts, having a reliable and responsive customer care support to supplement the on-chain educational portal can be a clincher for an exchange. Why Customer Care Support Matters in Crypto Trading For this precise reason, Biboxhas invested heavily in customer support for their clients’ immediate satisfaction with very little reliance on bots. Understandably, creating reliable channels to ease transition to this potent sub-sector counts because of two simple reasons: First, beginner traders need assistance, and responsive customer care support is the easiest way to build trust and client confidence. Admittedly, the crypto space is sophisticated. Diving from the deep end requires more guidance since learning new terms can be overwhelming. As such, when new traders join, they must be offered assistance, fast, in a simple to understand manner. There should be easy-to-use portals through which they can learn how to read crypto charts, how they can register for new accounts, how they can deposit and withdraw funds, and get started in their trading journey. This means crypto trading exchanges must invest heavily and launch a flexible customer care system reliably accessible through multiple channels. Given how fast-paced crypto is and the rate of client conversion, few communication channels can be overwhelming. The more customers fail to access agents, the more they can take their business elsewhere, perhaps to competitors offering more personalized services. Besides, not every trader is attracted to email or phone support because of tolling which can be costly for the trader. They can readily respond to any trading emergencies out of usual office hours and this is important now that deposit and withdrawal is open everyday of the week. The multi-asset platform has five communication channels through which traders can reach out and have their queries answered by responsive and courteous customer care agents. Users notice that Biboxcare agents politely respond within a minute, take their time to understand questions and most importantly don’t rush through answers. Instead, by taking their time to first understand the trader’s requirement, they can proceed to fully answer their questions. Second, the customer care service goes beyond serving the needs of a novice trader. Often do professional traders reach out for advanced implementations. For instance, requests for resolution of technical issues, troubleshooting, or bug fixes are common. Focus on Excellent Customer Care There are few exchanges that put the interest of the exchange before theirs. They are already heavily investing to offer the best support to their clients aware that every WhatsApp message, email, phone call, and ticket costs goes a long way in building better, personalized, and satisfying relationships with traders across the globe. Things can go wrong when beginning your cryptocurrency trading journey.

A Newbie Investor’s Guide To Crypto Trading Key words:Crypto Trading,Cryptocurrency,blockchain,Crypto Exchange Cryptocurrency has been earning its good reputation in the world of investment for years now. This virtual or digital currency relies on highly secured cryptography to avoid double-spending and other counterfeiting issues. Many cryptocurrencies use blockchain technology—a transparent ledger that compiles, tracks, and shows cryptocurrency use, payments, and trading. Many investors have jumped into this option due to its 24-hour market operations, improved liquidity, and high returns. Bitcoin is one of the earliest and most established cryptocurrencies that found success in this industry. Today, various altcoins are already circulating in the market, including Bibox. In Australia, cryptocurrency is identified as property. Hence, many people started their altcoin investments in this continent. Suppose you’re in Australia and want to begin your cryptocurrency assets, you may want to know about crypto trading. In that case, here’s an article to guide you. 1) Research About Cryptocurrency Before you create a digital currency account, you should read a lot about cryptocurrency and how you’d trade in it. Know how you could capitalize on its volatility. Look for ways on how to adjust and work on your low returns. 2) Look For A Trusted Crypto Exchange Platform And Create An Account After knowing about digital currencies, you may start making an account in a trusted crypto exchange. These exchanges are online marketplaces where you could trade and buy your cryptocurrency for other assets such as other virtual money and traditional fiat currencies. In choosing an exchange, you may consider the following points: – Security – The number of digital currencies offered – Ease of use – Trading features – The use of fiat money in buying and selling crypto, avoiding conversion fees – Brokerage fees – Authenticity Also, you could ask a colleague or a seasoned crypto investor about it. You may also join crypto communities where these marketplaces are usually rated and compared. If you’re planning to invest in Bitcoin, you may check the websites of the crypto exchanges of this currency such as https://www.bibox.com/ and others. 3) Choose Your Crypto After selecting your brokerage and creating an account, you may start choosing your virtual currency. Many seasoned crypto investors suggest established digital currencies like Bitcoin and Ethereum because they have lower risks and have been in the business for years. In addition, these currencies have become more predictable than the newer digital currencies. Yet, you may also opt for newer currencies but be sure to check how they fare in the past months and weeks. Keep in mind that, in most cases, new altcoins are riskier, although they typically have higher return potential. 4) Pick Your Technique After registering and choosing your crypto, you could start devising your strategy in your investment. You could also get fresher ideas about red flags and tips that could help you manage your virtual currency in the different crypto communities. 5) Manage Your Virtual Currency If you’re planning to keep your funds long-term, you may consider getting a cryptocurrency wallet. You may choose among the vast array of options on Android and iOS that are free to use. You may also use trading bots to simplify your buying and selling. Crypto Trading Tips You Must Know To help you in your first weeks of crypto trading, you may consider the following tips to make your transaction and decision more manageable: Make A Cutoff For Losses And Profits Set a target for your crypto trading to know when to proceed or stop. On the other hand, you may also need to consider having a target for your profits. Consider The Risks Consider dwelling more time, money, and effort in small yet secure trading rather than the big ones. If you choose the currency with the higher promise of returns, be sure to buy a currency with a long positive history in the crypto industry. Stay Alert Because of crypto’s volatility, you need to stay updated, so you know when to buy, sell, and trade. Go For What’s Proven In most cases, the prices of virtual currencies are heavily influenced by how Bitcoin fares in the market. Because of this, you may need to start investing with Bitcoin first as it plays a major role in crypto trading. Final Thoughts If you’re ready to start investing in digital currencies, you may want to consider the insights offered by this article. While they don’t give all the needed info about crypto trading, they could provide some helpful ideas in starting your virtual currency journey. Bear in mind that no matter how you prepare for it, cryptocurrencies have their highs and lows. So, you need to keep an open mind and well-thought decisions throughout the trading process. More about::Crypto Trading,Cryptocurrency,blockchain,Crypto Exchange

The Beginner’s Guide to Automated Crypto Trading Key words:Crypto Trading, make profits, Automated crypto trading, Crypto trading bots There are currently more than 34 million people in the US who own cryptocurrency. Buying and selling crypto presents a lot of opportunities to make profits, but it can be very difficult and time-consuming. Automated crypto trading can be one of the most efficient and reliable ways to trade crypto, and it has several advantages over manual trading. So what is automated crypto trading, and how can it help you? Keep reading to find out. What Is Automated Crypto Trading? Automated crypto trading uses software that will buy and sell crypto for you. Various platforms are available, and they have bots with different features so that you can select how your crypto is traded. Crypto trading bots are generally APIs (application programming interfaces) that will trade your crypto through a third-party exchange such as Bibox. The Beginner’s Guide to Automated Crypto Trading - 1 Some bots work through smart contracts on the blockchain rather than an API or website. It might take some time to find the best-automated crypto trading platform for you, so you should do some research into the various options. Once you’ve set up an automated crypto investment, you can leave it to run and it will continue to trade to the parameters you’ve chosen. Advantages By setting specific parameters you can trade crypto when you’re away from your computer. You have the potential to grow your crypto savings while doing other things, making more efficient use of your time. One of the biggest problems a lot of people face when trading crypto is emotional errors. This can cause people to make bad judgments for fear of missing out on an investment with a lot of potential. Algorithmic trading platforms don’t have this issue, so you’re less likely to make risky trades. At the same time, having an automated system set up will make sure you don’t miss rare opportunities. Platforms like Bibox Invest offer other solutions to generate income from the crypto you already own. Another benefit is the speed at which bots can trade. They’re significantly faster than a human, making them more efficient. It also takes away your need to sit and watch the market, keeping an eye on the price of different cryptos. One issue that a lot of people have with crypto is the risk involved. There’s no way to completely avoid risks, but using automated trading can help reduce them. You can use bots to spread your wealth across various exchanges using different strategies. A diverse portfolio is the best way to protect your funds against volatility. If one coin crashes suddenly, having your funds spread out will ensure losses are kept to a minimum. Disadvantages While there are many advantages to algorithmic trading of crypto, it’s not a perfect system, and it comes with some drawbacks. You might end up over-optimizing your system, which can make trades less reliable. A common example of this is when people base their methods on historical data, trying to implement a strategy that has almost 100% profitable trades. Any viable plan will always have drawdowns, so you shouldn’t overdo the optimization if you want it to work effectively. Things like server issues, slow connections, and computer problems are often out of your control. This can cause issues with an automated trading system, and your trades might not happen as they should. Many people confuse the terms ‘automated’ and ‘automatic’. Automated systems require input, and on rare occasions can experience errors. You should regularly monitor your system to check for missing, duplicated, or errant orders. Should You Use Automated Crypto Trading? If you’re just getting started with crypto trading, it may benefit you to do some manual trading first so you can learn about the different exchanges and coins. This will also help you develop your strategy. Once you’ve got it figured out you could benefit a lot from automated crypto trading. More about:Crypto Trading,make profits,Automated crypto trading,Crypto trading bots