Cryptocurrency Q&A

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Paolo Paolo Sat Mar 30 2024 | 5 answers 977

What is the 1% rule for traders?

I'm a bit confused about the 1% rule for traders. Could you explain it to me? I've heard it mentioned a few times, but I'm not quite sure what it means or how it applies to trading cryptocurrencies or other assets. Is it a general rule that all traders should follow, or is it more specific to certain trading strategies or asset classes? Also, what are the benefits of adhering to this rule, and are there any potential downsides or risks associated with it? Thank you for your help in clarifying this for me.

What is the 1% rule for traders?
Alessandro Alessandro Sat Mar 30 2024 | 7 answers 1693

Is my cash safe in Binance?

I've been hearing a lot about Binance recently, and I'm considering using it to store my cash. But I'm a bit worried about the safety of my funds. After all, we've seen so many cases of exchanges being hacked and users losing their money. So, I want to know, is my cash really safe in Binance? What kind of security measures do they take to protect their users' funds? And how often do they update their security systems to ensure they're always up to date with the latest threats? I'd appreciate it if you could give me some insight into this matter. Thank you!

Is my cash safe in Binance?
ethan_harrison_chef ethan_harrison_chef Fri Mar 29 2024 | 6 answers 1695

What is the 183 day rule in Canada?

Please refer to relevant websites for more information, and feel free to ask me any other questions.

What is the 183 day rule in Canada?
DavidLee DavidLee Fri Mar 29 2024 | 8 answers 1622

Why won't Kraken let me withdraw money?

I'm really frustrated. I've been trying to withdraw my funds from Kraken for days, but the platform just won't let me. What's the problem? Is it a technical issue or am I missing something? I've checked my account and everything seems fine. My identity is verified, and I have enough funds to withdraw. But every time I try to make a withdrawal, it just says 'request failed' or something similar. Can you help me understand what's going on? Is there a limit to how much I can withdraw in a day or week? Or could it be that my bank is not compatible with Kraken's withdrawal system? I'm really worried because this is my first time using a crypto exchange and I don't want to lose my money. Can you please advise me on what to do?

Why won't Kraken let me withdraw money?
Valentina Valentina Fri Mar 29 2024 | 7 answers 1712

Is Poloniex exchange safe?

I'm considering using Poloniex to trade cryptocurrencies, but I'm concerned about the safety of the exchange. Can you tell me if Poloniex is secure and reliable? I've heard about some exchanges being hacked in the past, so I want to make sure my funds will be safe if I choose to use Poloniex. Are there any specific security measures they take to protect user information and funds? Also, are there any common scams or risks I should be aware of when using this exchange? I appreciate your help in addressing these concerns.

Is Poloniex exchange safe?

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