Michele
Sat Mar 30 2024
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6 answers
1139
Do Canadian banks recognize cryptocurrency?
Good day, I'm quite interested in the realm of cryptocurrencies and their integration into traditional financial systems. I'm curious, do Canadian banks acknowledge the existence and value of cryptocurrencies such as Bitcoin or Ethereum? If so, are there any specific policies or procedures they have implemented to accommodate these digital assets? Also, I'd like to know if there are any plans to integrate cryptocurrencies into their daily operations in the near future. Thank you for your time.
Paolo
Sat Mar 30 2024
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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.
Alessandro
Sat Mar 30 2024
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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!
Raffaele
Fri Mar 29 2024
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6 answers
1583
e, Kraken, or Binance by linking your bank account, or use Bitcoin ATMs for direct conversion to cash
I'm interested in converting some of my cryptocurrencies into cash. Could you explain how I can do this using platforms like Coinbase, Kraken, or Binance by linking my bank account? Also, are there any fees or commissions involved in this process? Additionally, how do Bitcoin ATMs work for direct conversion to cash, and are there any limits or restrictions I should be aware of? Finally, which method would you recommend as the most convenient and cost-effective for converting cryptocurrencies into cash?
BlockchainBaron
Fri Mar 29 2024
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7 answers
1438
How many people lost money from FTX?
Could you provide an estimate on the number of individuals who suffered financial losses due to FTX's collapse?" I'm curious to know the scale of the impact this event had on investors. Was it widespread, affecting many? Or was it more localized, affecting a select few? Was there a significant loss of funds, or was the impact more minimal? I'm also interested in knowing if there were any particular groups or categories of investors who were disproportionately affected. Could you please shed some light on these aspects for me?
