GangnamGlitter
Sat Jun 08 2024
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5 answers
991
What is the safest cryptocurrency in the world?｜Bitcoin (BTC) Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters. Bitcoin's price has skyrocketed as it's become a household name.
Could you please elaborate on what makes Bitcoin the safest cryptocurrency globally? How does the process of solving cryptographic puzzles, also known as proof of work, contribute to its security? Furthermore, could you discuss the reasons behind the exponential rise in Bitcoin's price and its establishment as a household name?
DaeguDivaDanceQueenElegantStride
Sat Jun 08 2024
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5 answers
972
How much crypto can you buy in Canada?｜You can buy as much Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and USD Coin (USDC) as you like. For all other crypto, you can invest a combined total of .$30,000 in a 12-month period
How much cryptocurrency can an individual purchase in Canada? Is there a limit to the amount of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), or USD Coin (USDC) that can be bought? Are there specific rules regarding purchases of these cryptos? As for other types of cryptocurrency, does a combined purchase limit of $30,000 per 12-month period apply? And what's the reason for setting such a limit on other cryptos? Is it related to regulatory concerns or other factors?
GalaxyWhisper
Fri Jun 07 2024
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6 answers
1634
Is cryptocurrency illegal in Australia?｜Bitcoin (BTC) and other cryptocurrencies are legal in Australia and are treated as property. It is legal to trade, spend, receive and store cryptocurrency, and they are an accepted means of payment for personal and business transactions , although merchants are not obliged to accept it.
Excuse me, I have a question regarding cryptocurrency regulations in Australia. Could you please clarify whether cryptocurrencies, such as Bitcoin (BTC), are considered illegal in the country? I've heard conflicting information, and I'm trying to understand the legal status of these digital assets. Are they treated as property in Australia? Is it permissible to trade, spend, receive, and store cryptocurrency within the country? Also, are they generally accepted as a valid payment method for personal and business transactions, even if merchants are not obligated to accept them? I'd greatly appreciate your assistance in clarifying these matters.
KimonoElegance
Fri Jun 07 2024
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6 answers
1472
Which coins are halal?｜): The pioneer cryptocurrency, widely accepted and considered halal by many scholars. Ethereum (ETH): The second-largest cryptocurrency by market capitalization, often considered halal due to its utility and use cases beyond speculative trading.Bitcoin (BTC
Could you please elaborate on which coins are considered halal? I'm particularly interested in Bitcoin (BTC) and Ethereum (ETH). Could you explain why these two cryptocurrencies are widely accepted as halal by many scholars? What are the specific characteristics or use cases of these coins that make them compliant with halal standards? Also, are there any other coins that are commonly recognized as halal in the cryptocurrency space? Thank you for your insights.
alexander_watson_astronaut
Fri Jun 07 2024
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7 answers
1808
Which bank allows cryptocurrency in Saudi Arabia?｜In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. is the first bank opened in the country. The list of other most well-known banks includes Arab National Bank (ANB ), Al Rajhi Bank and Alinma Bank.Alawwal Bank
Which Saudi Arabian bank permits transactions in cryptocurrency? I understand that citizens of Saudi Arabia can purchase Bitcoin (BTC) using their domestic bank cards. Could you please identify the first bank in the country to offer such services? Additionally, could you enumerate some of the other prominent banks that are known to facilitate cryptocurrency transactions? I've heard of Arab National Bank (ANB), Al Rajhi Bank, Alinma Bank, and Alawwal Bank, but I'm not sure which ones specifically allow cryptocurrency transactions. Could you clarify this for me?
