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Safemoon is a cryptocurrency token that was launched in March 2021. The token is housed on the Binance Smart Chain (BSC), a blockchain developed by Binance that runs parallel to the traditional Binance Chain (BC). The difference between the two is that Binance Smart Chain has smart contract functionality, opening up many avenues for decentralised applications (dApps) to be constructed.

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Artwork is being "tokenised" and sold online for millions - but will the bubble burst?
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Billionaire Elon Musk hasn’t gotten involved yet like he has with Dogecoin and Shiba, but that’s always a possibility.
Without a clear track record to assess long-term value, cryptocurrency rises and falls on an unpredictable demand cycle. And for individual investors, the challenge is “you really don’t know where supply and demand can end up,” Aliaga-Díaz says.

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Cryptocurrency existed as a theoretical construct long before the first digital alternative currencies debuted.

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Income tax: Profits and losses from cryptocurrency transactions must be shown in a non-incorporated business’s accounts and are taxable/allowable under conventional income tax laws.

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The market seems to have taken a turn this morning as a correction has set in. Both BTC and ETH have witnessed a small correction, said Zebpay Trade Desk. The same is happening in altcoins as well, it added.

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    Binance currently caters to both novice to veteran cryptocurrency traders, while American users struggle to make full use of the platform. Binance is, undoubtedly, the better and more developed platform and the best choice for users.

    Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
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    Binance Smart Chains to introduce gas burning mechanism like Ethereum for increasing value of tokens
    Cryptocurrency prices can move in spectacular fashion, and there are a variety of triggers for such volatility. Here are a few of them:

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    Bitcoin is increasingly viewed as a legitimate means of exchange. Many well-known companies accept Bitcoin payments, although most partner with an exchange to convert Bitcoin into U.S. dollars before receiving their funds.

    Like all cryptocurrencies, the majors are digital assets that secure and verify transactions using computer science and complex mathematics, known as cryptography. Unlike traditional (‘fiat’) currencies, they are not currently issued or backed by a central authority such as a government. Instead, they run across a network of computers and are underpinned by blockchain technology – a permanent record of transactions that cannot be altered without the consensus of the network.
    Bitcoin is the world’s most widely used cryptocurrency and is generally credited with bringing the movement into the mainstream.

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    Mastercard Pens Deal With APAC Asset Management Firms to Launch Crypto-Linked Payment Cards
    Binance uses a tiered fee structure, which clearly shows how much customers will pay in trading fees based upon their level.

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At the moment, Binance.US officials promise that this gradual coverage is only the beginning, making it their mission to eventually include as many US states as possible.

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CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. My account My IG Inbox Community Academy Help Personal Logout Markets to trade Cryptocurrencies Bitcoin Ethereum Litecoin What is cryptocurrency trading and how does it work? How to trade cryptocurrencies Benefits of cryptocurrency trading Cryptocurrency comparison Cryptocurrency market data

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