Cryptocurrency Q&A

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Raffaele Raffaele Fri Mar 29 2024 | 8 answers 2253

What percentage of Australians own crypto?

Could you please tell me what percentage of Australians own cryptocurrency? I'm quite curious about the cryptocurrency ownership among Australians. I've noticed that there's been a lot of buzz lately about Bitcoin and other cryptocurrencies, and I was wondering how many people in Australia have jumped on the crypto bandwagon. Is it a significant portion of the population, or is it still a niche market? Could you provide me with some insights into this matter? Thank you.

What percentage of Australians own crypto?
SejongWisdomKeeper SejongWisdomKeeper Fri Mar 29 2024 | 7 answers 1902

Is crypto trading illegal in Canada?

Excuse me, I am a bit confused about the legal status of crypto trading in Canada. I understand that cryptocurrencies have been gaining popularity worldwide, but I am not sure about their legal status in my country. Could you please clarify if crypto trading is illegal in Canada? I am considering investing in cryptocurrencies, but I want to ensure that I am complying with all the legal regulations. Thank you for your help.

Is crypto trading illegal in Canada?
BonsaiGrace BonsaiGrace Fri Mar 29 2024 | 5 answers 1012

Why is Binance being banned in the UK?

I'm somewhat perplexed about the recent news that Binance is being banned in the UK. As a crypto enthusiast and trader, I've always relied on Binance for its secure platform and user-friendly interface. Could you please explain the reasons behind this ban? Is it due to regulatory issues, or is there something more complex involved? I'm really interested in understanding the underlying reasons and the potential impact this ban could have on the crypto industry in the UK and beyond. Thank you for your time and insight.

Why is Binance being banned in the UK?
CryptoTitan CryptoTitan Fri Mar 29 2024 | 5 answers 958

Why did Kraken fail?

Could you elaborate on the reasons behind Kraken's failure? Was it due to a lack of liquidity, a security breach, or regulatory issues? Was the management team unable to adapt to the rapidly changing cryptocurrency market? Did they make any strategic errors that led to their downfall? Was there a lack of transparency or trust among their users? I'm interested in hearing your professional opinion on what went wrong with Kraken and how it could have been prevented.

Why did Kraken fail?
CryptoMaven CryptoMaven Fri Mar 29 2024 | 6 answers 1355

Can I day trade with 20k?

Hello, I am new to the world of cryptocurrency trading and am interested in day trading. I have around 20,000 dollars that I am willing to invest in this endeavor. Can you please advise me on whether this amount is sufficient for day trading? Also, could you please suggest some strategies or tips that I should consider while getting started? Thank you for your time and assistance.

Can I day trade with 20k?

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