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Trading signals and online forecasts Litecoin/USD

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Daily forecast for January 17, 2022
EUR/USD, currency, GBP/USD, currency, Litecoin/USD, cryptocurrency, Ethereum/USD, cryptocurrency, Bitcoin/USD, cryptocurrency, Gold, mineral, Dogecoin, cryptocurrency, Shiba Inu, cryptocurrency, Daily forecast for January 17, 2022 Euro/DollarThe euro fell against the dollar, reaching the level of 1.1401. Trading Friday showed a trading range of 1.1480 – 1.1401.The yield on 10-year Treasury bonds stopped at 1.793%.Trading activity increased due to the news background.December showed a decrease in retail sales by 1.9% compared to the previous month, according to the US Department of Commerce. The maximum decline began in February 2021 against the background of rising consumer prices and the spread of a new strain of COVID-19 "omicron". In November, experts predicted sales growth of 0.3%. According to the latest data, sales increased by no more than 0.2%.Last week, the number of Americans who applied for unemployment benefits for the first time increased by 23 thousand. According to the US Department of Labor, this is the highest figure since mid-November 2021.Data on increased inflation in the US did not support the dollar. Experts predict a rise in the base interest rate by the Federal Reserve in March with a probability of 80%.This week, the US dollar may be affected by the volume of construction of new residential real estate, the number of initial applications for unemployment benefits, as well as the dynamics of sales in the secondary housing market.Pound/DollarAccording to the results of the last trading sessions, the pound/dollar exchange rate is held negatively.There is a fixation below the price resistance, at 1.3748. The strong position of the US dollar against other world currencies creates short positions on the pound, which ensures that the currency pair is located mainly in a downward direction.At the moment, the data on the yield of 10-year UK bonds is close to the value of October, and stopped at 1.1450%.At the end of the week, trading activity in the foreign exchange market increased.In the UK, in November 2021, the volume of industrial production increased by 1% compared to October of the same year, when the indicator fell to 0.5%.In December, UK GDP figures increased by 0.9% compared with November's growth of 0.2%.There are risks associated with the strengthening of the US dollar. The media reports on the continuation of active discussions on the topic of tightening monetary policy. The pound/dollar currency pair will show an increase in trading activity.This week in the UK, the following topics will be actively discussed: the average wage level, the unemployment rate, the consumer price index and the volume of retail sales.GoldFriday's trading showed a predominant decline in gold. There are attempts to turn around against the ascending channel and support at the level of $ 1,816 per ounce. Consumer interest in the precious metal decreased slightly compared to the previous month. Trading Friday showed a diverse trading dynamics due to the strengthening of the gas, oil, consumer goods and technology sectors. The market is sensitive to the negative dynamics of the financial, consumer services and industrial sectors.At the close on the New York Stock Exchange, the Dow Jones declined by 0.56%, the S&P 500 index rose by 0.08%.The situation in foreign markets is positive.The media reported a record trade surplus in China in December, and in general for 2021, due to increased exports amid the coronavirus pandemic.According to statistics, in 2021, the trade surplus reached its historical maximum since 1950.Important economic statistics and information on the further reaction of gold are expected to be published this week.The markets will be sensitive to the number of construction permits issued, the volume of construction of new real estate, the number of initial applications for unemployment benefits, the dynamics of sales in the secondary housing market, the index of production activity from the Philadelphia Federal Reserve.CryptocurrenciesAfter reaching a new resistance level around $43820, bitcoin declined moderately. There is a possibility of profit taking after the growth over the past week. The digital currency is held back by support at the level of $ 42456.By the end of Sunday, the capitalization of the cryptocurrency market amounted to 2.06 trillion US dollars, Friday's figures were 2.01.According to media reports, in 2021, the share of bitcoin in cryptocurrency payments decreased to 65%. In 2020, the share of this digital currency accounted for 92%. This happened due to the more frequent use of other digital assets by retail customers and businesses in 2021. The share of Ethereum in 2021 was 15%, and "stablecoins– - 13%. Cryptocurrencies Dogecoin, Shiba Inu and Litecoin accounted for 3%.The more frequent use of "stablecoins" by people and businesses explains their low volatility. The price of this digital currency is less susceptible to a strong decline due to the provision of real ...
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Litecoin forecast for the week of July 19-25, 2021
Litecoin/USD, cryptocurrency, Litecoin forecast for the week of July 19-25, 2021 Litecoin LTC/USD is trading at 126.99. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the level of 148.20 is expected. From where we should expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of such a movement is the area near the level of 41.20. The conservative area for Litecoin sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 149.20.Litecoin signal for the week of July 19-25, 2021The cancellation of the option of continuing the decline of the Litecoin exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as a moving average with a period of 55 and the closing of the pair's quotes above the area of 210.20. This will indicate a change in the current trend in favor of a bullish one for LTC/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.Litecoin forecast for the week of July 19 - 25, 2021 assumes a test of the level of 148.20. Then it is expected to continue falling to the area below the level of 41.20. The conservative selling zone is located near the area of 149.20. The breakdown of the level of 210.20 will act as a cancellation of the fall of the cryptocurrency. In this case, we should expect continued ...
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Litecoin LTC/USD forecast for Today June 15, 2021
Litecoin/USD, cryptocurrency, Litecoin LTC/USD forecast for Today June 15, 2021 Litecoin LTC/USD is trading at the level of 170.97. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the 180.30 level is expected. Where to expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of this movement is the area near the level of 130.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 181.00. Litecoin LTC/USD forecast for Today June 15, 2021 The cancellation of the option to continue the decline of the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 196.20. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin LTC/USD forecast for today, June 15, 2021 suggests a test of the level of 180.30. Further, it is expected to continue falling to the area below the level of 130.20. The conservative sales zone is located near the area of 181.00. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 196.20.In this case, we should expect continued ...
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Litecoin trading forecast for the week June 7-13, 2021
Litecoin/USD, cryptocurrency, Litecoin trading forecast for the week June 7-13, 2021 Litecoin LTC/USD is trading at the level of 181.70. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the Bollinger Bands indicator bands.As part of the Litecoin exchange rate forecast, a test of the level of 230.60 is expected. Where to expect an attempt to continue the fall of LTC / USD and further development of the downward trend. The target of this movement is the area near the level of 88.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 280.20. Litecoin trading signal for the week June 7-13, 2021 The cancellation of the option to continue the decline of the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 290.20. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin forecast for the week of June 7-13, 2021 suggests a test of the level of 230.60. Further, it is expected to continue falling to the area below the level of 88.20. The conservative sales zone is located near the area of 280.20. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 290.20. In this case, we should expect continued ...
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About the trends of 2022
Litecoin/USD, cryptocurrency, Ethereum/USD, cryptocurrency, Bitcoin/USD, cryptocurrency, Pfizer, stock, Moderna, stock, About the trends of 2022 A couple of steps away from the new year, many are trying to predict the direction of market winds over the next year, and maybe several. We have also analyzed promising ideas of stock exchanges, and today we will share them with you. In general, everything promising in the coming year is connected with the healthcare sector. Next, let's talk about the two most promising companies in this segment.NovavaxNovavax company was one of the first to enter the championship in the development and creation of a vaccine, but in this case it is still far from the podium. Does the company have real prospects? Let's talk about this further.At the beginning of the year, many experts argued that it was simply not advisable to get involved in the company's struggle. This was due to the fact that there were already many manufacturers of similar drugs, and there was not enough space for new ones. As a result, the experts' "verdict" turned out to be reckless, and today many are confident that the company's assets are among the most attractive in the coming year.The vaccine was one of the first to be released in Europe. It is based on a protein, which in the future can become an alternative for patients who refuse to be vaccinated by Pfizer and Moderna, developed on the basis of RNA.In the spring of 2021, she presented the results of testing a new vaccine to the world, and in mid-summer, repeated tests were conducted in America. The effectiveness of the drug according to the test results ranges from 89.7% to 90.4%. This high indicator allowed the drug to get into the top three most effective, and the company to become a leader in the world market of manufacturers.Immediately after the publication of the results, it was expected that the company's assets should increase in value, but problems with bureaucratic hitches and permission to use the vaccine on world markets led to the fact that the share price remained in place, and subsequently even declined.Different sources explain this fall in different ways. Some argue that there are no special technological lines for the production of the drug in the United States. Others are sure that the drug simply does not meet the standards established in the state, contains unnecessary impurities that can cause a lot of side effects.Today, the drug is recognized in several countries of the world, including Indonesia, India. The vaccine has the permission of the WHO and the euroregulator, together with the submission of the application, it has received permission in several other countries.Today Novavax is awaiting regulatory approval in many countries around the world, including Australia, Canada, South Korea, and the United Kingdom. To accelerate the production of the drug, the company is sponsored by a number of large-scale organizations, including the Gates Foundation and even the American government.If new strains of coronavirus continue to appear, the disease will be transferred to the category of endemic. That is why vaccination will very soon become a routine procedure, and it is also likely that the demand for combined drugs will grow, which the company is currently testing.It is not enough to be able to treat well, you also need to correctly diagnose diseases. That is why next we will talk about the manufacturer of medical equipment for diagnostics.Thermo Fisher ScientificThermo Fisher Scientific is geographically located in Massachusetts. It is one of the leaders in the production of diagnostic tools and equipment used in laboratory and outpatient settings, as well as consumables. The production of coronavirus vaccines and medicines for this pathology is considered to be an equally significant area of activity of the enterprise. From the beginning of the pandemic to the present time, the demand for the company's products remains at a height, so the company today occupies a leading position in the field of medicine.In the spring of 2021, the International Health Association granted the company a license to produce SARS-CoV-2, a test for detecting covid-19. The volume of revenue received only from anti-weed products today has already amounted to $2.05 billion. With the emergence of new strains of coronavirus, the demand for the company's products will only grow.The TMO quarterly report, released on October 27, turned out to be quite strong. Revenue exceeded last year's figure by 15%, as well as by $ 1.2 billion in monetary terms. In total, it amounted to 37.1 billion dollars. According to forecasts, the amount of revenue will increase by $1 billion, and will amount to $7.7 billion.The forecast for this indicator was $40.5 billion, which shows the excellent position of the enterprise, especially for modern market realities. The growth of the company's asset price index exceeded the S&P 500, and reached 40%. With great probability, we can say that the group's positions will continue to be stable.Another trend of the century is electric carsThe vast majority of major analysts last year warned against acquiring Nio assets. At that moment, no one could have thought that the company's market capitalization could reach $90 billion. The volume of cars produced at the same time is 20 thousand units annually.However, over the past year, the company has managed to become an industry leader, and excellent financial results are expected in 2022. This is despite supply disruptions and other problems associated with the pandemic. The company has several new products that will help it increase its market share in China, and take a strong position on it.In the autumn of 2021, the number of cars produced by the company reached 10,900 units, which indicates an active growth in demand for cars with an engine capacity of more than 130,000 per year. The company is going to release about 600 thousand units of cars by the end of 2022. Nio's management plans to introduce three new electric cars to the world market. If the sales growth of cars remains at the planned indicators, then Nio may well have the opportunity to bypass Tesla by this parameter. At least in the Chinese market.An important advantage of the enterprise is the already launched Battery-as-a-service or BaaS program. It allows you to make a monthly payment, which allows you to change the battery on an electric car in the future or update the battery charge. It will also be possible to buy a car without a battery, rearranging it from old equipment.This system will allow the company to receive high-margin revenue in the long term. In addition, we should expect an increase in customer loyalty to the products. The company's assets showed a 13% growth in 2020, but during 2021 they managed to fall by 44%. Today they are stable at around $30. We are waiting for strong growth.Basic Attention TokenIt is already impossible to imagine the financial world without cryptocurrency. How to choose correctly between all the options – Bitcoin, Litecoin, Ethereum and others, and not be left out? An interesting option is offered by the Basic Attention Token.Over the past six months, investors' attention has been focused on tokens supporting the application. If we take into account that since the beginning of the year, the growth of bitcoin has approached 73%, then this is a minuscule compared to the start of the Siba-anu meme token, which soared to 47000000%. However, the main investment flow today is considered to be directed to a cryptocurrency that provides support for applications.In the large list of tokens, the Basic Attention Token from Brave Software deserves special attention. In particular, the token is especially attractive for investing for a long period. The company is now managed by B. Eich is the founder of Mozilla and JavaScript.Coins are mined using the Brave browser, where they are obtained by viewing advertising content. The web browser provides a high degree of security due to the built-in ad blocker and functions to block the collection of user data. Allows you to personally view ads released by program partners, as well as earn tokens by viewing it.Throughout December, bears dominated the cryptocurrency market, which negatively affected the VAT. As a result, the price of the token fell by 30% from the historical highs seen at the end of autumn. However, Bravo is confident that the price will recover its indicators very ...
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How to gift a cryptocurrency
Litecoin/USD, cryptocurrency, Ethereum/USD, cryptocurrency, Bitcoin/USD, cryptocurrency, How to gift a cryptocurrency What should I give to a person who has everything? The most obvious solution is money. But a more original option is a cryptocurrency: ether, a share of bitcoin or a meme token. You can get a gift remotely, and watching the growth and fall of the crypt will turn into a new hobby.  We tell you what methods of giving exist and which digital currencies to choose as a gift.ContentTo gift a virtual crypto walletTo gift a cold wallet with cryptocurrencyTo gift a voucher for cryptocurrencyDonate cryptocurrency to charityWhich cryptocurrencies to choose as a giftTo gift a virtual crypto walletIf the recipient of the gift already has a cryptocurrency wallet, the issue is solved: it is enough to find out the account number (or by email address) and transfer the necessary amount from their own crypto wallet to the account. Such operations are absolutely legal — individuals in Belarus can buy, sell, exchange, store and send any cryptocurrencies using crypto wallets, exchanges and exchangers. At the same time, the cryptocurrency received as a gift and the income on it is not taxed until 2023.If a friend does not have an account, then you can create a new account, transfer cryptocurrency there and transfer access to it to the recipient.Many popular crypto wallets, for example, exodus or mycelium, do not require an email address when registering — it is easier to transfer such an account, because it is not tied to your personal data. The role of the access key is performed by a code phrase (a mnemonic phrase, a phrase or a seed) — a set of 12-24 words that must be entered in a certain order to gain access to the wallet. This key must be passed to the recipient — for example, to rewrite the phrase in a greeting card.There are three important nuances in this method of giving cryptocurrency:Don't forget to warn the recipient that the passphrase is extremely important. If the owner loses it, he will lose access to the crypto wallet and will not be able to restore it.You cannot change the passphrase or generate a new one for an existing wallet — the text key always remains unchanged. Therefore, in theory, the donor can use it after a while, which creates risks. The best option is to give a friend a temporary wallet (temporary wallet), from which he will transfer money to a personal account. Whether a friend wants to carry out all these manipulations is another question. And it is better to make sure in advance that a person is interested in the crypto market and trading — otherwise the gift is unlikely to please him.Regional restrictions. Many American and European services are not yet available in Belarus, Russia and Ukraine. For example, Coinbase does not officially work in these countries. Sometimes restrictions can be circumvented using a VPN, but the method does not always work. Therefore, you will have to choose from a limited number of services. In Belarus, it will not be possible to buy cryptocurrency without providing personal data, since crypto exchanges are required to verify each client — and this usually requires a passport scan. By the way, you can use not only wallets, but also exchanges for donation — in this case, you give access to an account that already has tokens stored on its account.Read more: What is Bitcoin Core? A simple guideTo gift a cold wallet with cryptocurrencyA cold wallet is a hardware device for storing crypto currency, which is something like a flash drive. This is the safest, but not the most convenient option. If you forget the password or lose the carrier itself, the cryptocurrency will be lost forever. For example, an American Stefan Thomas forgot the password from a flash drive that stores more than 7000 bitcoins, and lost access to crypto accumulations — and this is not the only case. In total, about $140 billion is stored in bitcoin wallets with forgotten passwords.When donating, the risks are about the same as in the case of an electronic wallet. When registering, you will need to create and remember a PIN code-a code and a phrase for restoring access (a phrase for restoring).You can order a wallet only on large marketplaces: the price for the most popular models (for example, Ledger and Trezor) varies from $60 to $260. It depends on how many different accounts the device allows you to have (for example, the Ledger nano c model supports 5-6 accounts, while the Ledger nano x supports up to 100), whether the device has an information display and a battery, whether it supports Bluetooth, and so on. In any case, such a gift will cost more than a virtual wallet with cryptocurrency.Read more: Bitcoin on a flash drive? How to store cryptocurrency correctlyTop hardware wallets for cryptocurrenciesLedger Nano SLedger Nano XTresorTrezor Model TRead more: Crypto wallet: the most important & practical tipsTo gift a voucher for cryptocurrencyA voucher is a kind of gift certificate for the purchase of a crypt. You buy a voucher for a certain amount (for example, 50 euros) and specify the email address of the gift recipient. A special code will be specified in the voucher that will be sent to the post office. The recipient must enter it on the website where the voucher was purchased and specify the wallet address to which the amount in cryptocurrency equivalent to the value of this voucher will be transferred.One of the disadvantages of such a gift is that its recipient will eventually have to deal with the registration of the wallet himself in order to receive cryptocurrency. Also, vouchers are usually available only for the most common cryptocurrencies: Bitcoin, Ethereum, Litecoin. But this is the easiest way to give a cryptocurrency.Where to buy cryptocurrency vouchers:CryptovucherRechargeBit4coinBitnovoCoinsbyDonate cryptocurrency to charityCryptocurrencies can not only be given, but also donated to a charitable foundation. Therefore, if there is a desire to share ether or bitcoin with an NGO or a human rights organization, there are several options:Human Rights FoundationSave the childrenMATTERRainforest FoundationThe Water ProjectTor ProjectAnother option with the support of charity is the creation of an NFT token and its subsequent sale on platforms, for example, Rare. But in this case, you need to create a digital object and find a specialist who knows how to work with NFT platforms. You can attract 500-1000 dollars to Ethereum, even if you do not invest in promotion. And you can transfer the collected money to the fund, if it accepts the crypt, or convert it into fiat and credit it to the organization's account.Read more: What is NFT and why are they worth millions?Which cryptocurrencies to choose as a giftGiving cryptocurrency remotely resembles a long-standing trend in the United States, when people began to give shares of large companies to their loved ones. But the crypto market is not yet so popular among the mass audience. People have heard about it, but they don't quite understand how it works and what principles it works on. With this in mind, even bitcoin is still an unusual and original gift. If you look with an eye to the future, then a good gift option is Ethereum. Another popular project is the Polkado. He has revolutionary prospects and grandiose plans that are being implemented at the same time, which is rare for crypto projects. If a person understands the topic, you can give him an NFT token: for example, a picture or a meme registered as an NFT. But we must be prepared that NFT tokens are very ...
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Overview of the Huobi Global Exchange
Litecoin/USD, cryptocurrency, Ethereum/USD, cryptocurrency, Bitcoin/USD, cryptocurrency, XRP/USD, cryptocurrency, Overview of the Huobi Global Exchange Brief description of Huobi GlobalFounded in 2013, the Huobi Global Exchange is a centralized platform. According to the Coingecko resource, the exchange has an average (8) reliability rating. As of September 2021, 0 cryptocurrencies are traded on the exchange, the most active trading pair is ETH/USDT. The maximum trading volume for the last 30 days was reached on August 7 in the amount of 161,756 BTC.Verification: OptionalTelegram /huobiglobalofficialFaceBook /huobiglobalofficialTwitter /HuobiGlobalDetailed review of the Huobi Global ExchangeHuobi is a cryptocurrency exchange founded in China in 2013. It is registered in the Seychelles. Link to the official website of the exchange — Huobi.com. It provides opportunities for spot, margin, futures (perpetual contracts, options) and OTC trading. Confidently enters the top-3 in terms of trading volume (turnover-over two billion dollars in 24 hours). It exists both in the web version, and in the form of desktop and mobile applications.Read more: What are futures: types, features, advantages and risksWe offer a detailed overview of the functionality of the Huobi exchange, its advantages and disadvantages.ContentGeneral descriptionTeamFunctionalHow to trade on HuobiVerificationHow to trade on the Huobi exchangeMoney managementHT Token - description of the cryptocurrency from HuobiHuobi WalletHuobi Input and OutputCommissionsSafetyTech. Huobi supportComparison with other top exchangesAPI HuobiHuobi ReviewsAdvantages and disadvantagesConclusionGeneral descriptionRegistration on the platform is available to users from more than 130 countries of the world - wherever transactions with cryptocurrencies are not prohibited by law. Huobi is a multilingual platform that supports such languages as Chinese, English, French; German, Turkish, Portuguese, Spanish.TeamThe founder and CEO of the Huobi Group is Leon Lee. Previously, he worked as a computer engineer at Oracle. He graduated from the Department of Automation of Tsinghua University and became a successful entrepreneur in the field of financial technologies.Other team members:The Chief Operating Officer (COO) is Robin Zhu. He has experience in the field of corporate governance and practical data analysis. He also worked at Oracle at one time. Initially, he was deeply interested in the blockchain industry and Big Data.The head of the Security Department (CSO) is Simon Wu. He is responsible for risk management, previously worked in international consulting firms and government agencies, dealing with business security and management issues.The technical director is Roy Zhu. He was a technical expert at Alibaba, a partner and senior vice president of Jinshan Cloud, and also held a management position at Taobao. Is responsible for the research and development of new functionality.FunctionalHow to trade on HuobiThe Huobi exchange is designed to manage cryptocurrency assets in the following ways:Spot trading. Trading with instant settlement, when funds are transferred between the buyer and the seller here and now, based on the current market value of the asset.Futures trading. Trading contracts containing information about the value of the currency and the time of sale. By entering into such a contract, the buyer and the seller undertake to transfer funds at a specific rate and at a specific time. An effective tool for hedging risks.Margin trading. Trading with leverage — the user takes a certain amount of credit funds secured by the assets available to him and thereby can use a larger amount in trading than he has. This increases the potential profit, but also the risks. The available leverage level is individual for each currency.OTC. A P2P exchange platform that connects fiat money and digital assets. It is intended for institutional investors who make large transactions and want to do it completely in the legal field.The index is HB10. It includes 10 top cryptocurrencies, works in conjunction with an investment product that helps to invest funds in the entire basket of promising assets at once.Fiat. Quick purchase or sale of cryptocurrency for fiat money. Supported payment methods: VISA/Mastercard bank cards, Western Union, e-wallets.Huobi Global currently works with 286 coins (770 trading pairs).Read more: P2P: where peer-to-peer networks are usedVerificationTo start trading, you do not need to verify your identity, but you can pass it to expand the withdrawal limits and get access to additional functions. Go to the "Verification" section and enter the necessary information — passport or driver's license number, first name, last name, upload a scanned passport in JPG or PNG.Verification on the exchange is not required, but it gives additional advantages when using the platformThe information is manually confirmed by the exchange's employees, usually it takes no more than two days.How to trade on the Huobi exchangeLet's look at how to trade cryptocurrencies and tokens using the Huobi platform.In the central part of the screen, under the chart, there is a section for creating buy or sell orders. Huobi supports the following main types of orders:Market. The user specifies only the desired amount of cryptocurrency. The transaction is made instantly and at the market price that is at that moment.Limit. The user specifies both the amount and the cost of the cryptocurrency. As soon as a counteroffer appears, the order is automatically executed. All created limit orders are located in the so-called glass (or orderbook).Stop limit. A subspecies of a limit order. While a regular limit order is executed when the specified price is reached or better, the stop limit is executed at the specified price or worse.Trigger-an order (by limit or by market).Advanced tool-creates an order that is executed automatically immediately after the execution of another order. In the right part of the trading terminal interface, there is a history of all completed orders — date, volume and price. And at the very bottom — information about active and completed transactions of a particular trader.Money managementHuobi Global includes a number of opportunities for managing funds for investors. After entering the exchange, the following tools are available:Blocking and mining HT. Holders of the exchange token (HT) can participate in the airdrop. To do this, they need to block at least 100 HT on their account for a period of 7 to 90 days. After the expiration of the period, a bonus is awarded in the form of a certain amount of Huobi Pool Token (HPT).Landing page. Investment of USDT or BTC at interest for 10, 20, 30 days. The interest rate can be entered manually (from 0.01 to 0.09% per day) or set the optimal one. Other users then select suitable options from the entire pool of available offers.Storage of assets. Professional asset storage services for companies and institutions. Clearing and detailed reports are included in the price.Asset management. A digital asset service platform for professional users. There is a choice of three investment strategies with different levels of risk and profitability.Savings (available only after verification). A deposit account with an interest income. The interest is periodically adjusted, at the moment it is 7.28% per annum for USDT and 3.5% for BTC.A new Pool Savings section was also recently opened. This is a tool for working with DeFi tokens. It includes profitable farming of new and promising tokens.Read more: What is an airdrop of cryptocurrencies - is the game worth the candleHT Token - description of the cryptocurrency from HuobiHT is a token, a cryptocurrency officially launched by the Huobi exchange in 2018. Functional purpose and why it is needed:Discounts from 10% to 95.15% on trading fees (depending on the number of tokens held).Participation in events and events held by Huobi.Farming of the HPT token.VIP status.Use as a guaranteed asset with a cross-margin.Deflationary burning scheme to maintain the value of the asset:Asset allocation schemeToday, there are HT holders in more than 180 countries around the world. It is traded, in addition to Huobi, on the Bibox, Bitforex, Coinsbit, HitBTC, MXC, etc. exchanges.Huobi WalletThe universal multi-currency wallet from Huobi Global can be downloaded from the links:For Android - https://play.google.com/store/apps/details?id=com.huobionchainwallet.gpFor iOS - https://itunes.apple.com/cn/app/id1433883012?mt=8The application supports most major cryptocurrencies (BTC,ETH, XRP, LTC, BCH, etc.), stablecoins (USDT, USDC, TUSD, DAI, PAX), most tokens on the Ethereum, Ontology, TRON, EOS blockchains.The main features of the crypto wallet include independent management of private keys, personal control over assets, data encryption, support for multi-signature and the ability to organize joint asset management. The simple interface allows you to perform operations in one click.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesHuobi Input and OutputTo deposit funds to the Huobi Global exchange, you need to go to the Currency Account section, select the cryptocurrency of interest, for example, Bitcoin, and click Deposit.Copy the address and transfer the cryptocurrency to it from an external wallet (you can use a QR code for a quick transfer from a mobile application).The funds are credited to the exchange account after one confirmation by the miners, and after two confirmations they will be available for withdrawal.The minimum deposit amount is 0.001 BTC. The deposit address does not change every time, but only sometimes, the exchange notifies about this by email.To withdraw cryptocurrency, you need to go to the same section, but this time select the Withdraw button.Specify the address to which the coins should be transferred, and the required amount. The commission is indicated in the same window and covers the transaction costs, providing a quick transfer.The minimum withdrawal amount is also 0.001 BTC.Read more When Bitcoin appeared: telling the story of BTCCommissionsType of operation Commission feeSpot trading 0.2% maker and 0.2% takerMargin interest 0.098%OTC trades 0.1-0.2% maker (depending on the currency), 0% takerContract trades 0.02% maker, 0.04% takerEntry without commissionThe withdrawal is individual for each coin, indicated at the time of withdrawal (for example, for BTC — 0.0005 BTC).Read more: What is OTC and what are its featuresThe table shows the standard indicators. Holders of HT tokens can reduce them. With a deduction, the fees look like this:SafetyThe Huobi exchange uses cold wallets, secure connection and data encryption to protect user funds. In addition, the user can independently increase the security level of the account if he performs the following actions:It will enable two-factor authentication — a simple and effective way to confirm login using the Google Authenticator application.It will link the phone number and confirm the email address.Associates accounts in other networks (Google, Facebook, Apple) with the Huobi account.It will set a complex password and an anti-phishing code.Read more: Network security. 2FA - two-factor identification methodsTech. Huobi supportYou can contact Huobi technical support via an online chat on the website. Other contacts and social networks of the project:Telegram https://t.me/huobiglobalofficialFacebook https://www.facebook.com/huobiglobalofficialTwitter https://twitter.com/HuobiGlobalBlog on Medium https://medium.com/@huobiglobalInstargam https://www.instagram.com/huobiglobalofficial/YouTube https://www.youtube.com/HuobiGlobalAPI HuobiThe Huobi Exchange provides documentation for developers (API) for free. It can be found at https://huobiapi.github.io/docs/spot/v1/en/#change-logIn the top menu, you can switch to another type of trading (spot, futures, options, margin swaps). Information on all categories is constantly updated. The developer can subscribe to email notifications to keep everyone up to date with the latest changes.Huobi ReviewsThe site has both positive and negative reviews, there are about the same number of them. Users complain about high commissions, problems with the NEM cryptocurrency, as well as insufficient functionality — despite the fact that the platform keeps up with the times and regularly introduces new features, it is not yet possible to work only with it without resorting to the help of other large trading platforms.Nevertheless, trading volumes show that most users consider the platform to be the best option for exchanging certain currency pairs (the most popular is BTC/USDT).Advantages and disadvantagesAdvantages:The exchange is in the top in terms of trading volume and liquidityOwn functional tokenDeveloping functionalityPositive feedbackOptional verificationA large selection of trading pairsMobile and desktop walletsReferral programDisadvantages:Some functionality has been cut for popular cryptocurrencies. For example Bitcoin and USDTConclusionThe Huobi cryptocurrency exchange is actively developing and tracking current trends, such as earnings on DeFi tokens. A strong team, the introduction of new options, adequate commissions-all this speaks in favor of the site and adds respectability to it. Now there is such a time in the cryptosphere that it is impossible to keep up with trends, otherwise the project will instantly lose part of the market.Read more: What is decentralized finance ...
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TOP 5 cryptocurrencies of crypto market
Stellar/USD, cryptocurrency, Cardano/USD, cryptocurrency, Litecoin/USD, cryptocurrency, Tether, cryptocurrency, Binance Coin, cryptocurrency, TOP 5 cryptocurrencies of crypto market Today, few people have not heard about cryptocurrencies and blockchain technology due to the activity of the media and social networks. The CoinMarketCap rating is regularly updated with new coins.However, investors need to remember one important point when compiling a portfolio. Despite the fact that 2212 coins have been added to CoinMarketCap at the moment, only the TOP 5 cryptocurrencies account for about 95% of the total capitalization, while the rest account for no more than 5%. That is why coins from the TOP 5 should make up a large part of the investment portfolio.Litecoin (LTC)Binance Coin (BNB)Tether (USDT)Stellar (XLM)Cardano (ADA)Litecoin (LTC)The Litecoin cryptocurrency is one of the oldest coins, which originated in 2011 as a fork of bitcoin. The founder is a well-known person in the crypto world named Charlie Lee. Like bitcoin, Litecoin provided a peer-to-peer environment for making direct payments. From the very beginning, the cryptocurrency was called "digital silver", again, by analogy with Bitcoin.  In the first years of its existence, the Litecoin code was practically no different from Bitcoin, except that the SHA-256 encryption algorithm was replaced by Scrypt, which at first allowed the cryptocurrency to be "asic-resistant", and miners to use central and graphics processors to participate in mining. The issue was also increased fourfold (up to 84 million LTC) and the time for creating a new block was reduced (up to 2.5 minutes). This made it possible to make the Litecoin blockchain faster.Read more: What is SHA-256However, over the past few days, Litecoin has increasingly deviated from the original code due to the introduction of new technologies and improvements:Lightning Network to improve the scalability of the network and increase the speed of payments;SegWit, which increased the block size and reduced the transaction delivery time;Atomic swaps with three cryptocurrencies at once Decred( DCR), Vertcoin (VTC) and Bitcoin (BTC). In addition, the developers have expanded the capabilities by adding a hashed contract function.Despite the fact that Litecoin does not represent any radically new technologies, the cryptocurrency is already used on many platforms as a means of payment. And the fact that you can buy it on almost any exchange, including on large exchanges such as Binance, Bitfinex or Huobi, is not even worth talking about.Read more: Overview of the Huobi Global ExchangeBinance Coin (BNB)The Binance Coin cryptocurrency is an internal token of the Binance cryptocurrency exchange. It is used for conducting operations on the site: payment of commission when executing transactions, it is traded in pairs with all coins added to Binance, provides traders with additional opportunities for long-term storage of BNB. In addition, some services accept Binance tokens as a means of payment.  It was originally created on the Ethereum blockchain according to the ERC-20 token standard. However, in the winter of 2019, Binance launched its own Binance Chain network, after which Binance Coin was transferred to the "native " blockchain.Over the past few months, the Binance Coin cryptocurrency has shown good growth, especially against the background of the prolonged crypto winter. This was facilitated by several events at once.First, Binance offered a new ICO model on its Binance Launchpad platform-IEO, where BNB was, if not the only coin for which you could buy tokens, then always one of several. In addition, on the Binance DEX decentralized exchange, the BNB coin will act as a "native" coin, just like on Binance. Among other things, the founders continue to regularly "burn" BNB tokens, which positively affects the price of Binance Coin.        Looking at the BNB exchange rate chart, it is worth saying that Binance Coin is deservedly included in our TOP 10 cryptocurrencies, because its value has almost doubled over the past few weeks. In addition, the current price even exceeds the indicator of the winter of 2018, when absolutely all cryptocurrencies grew. Read more: What is an ICO?             Tether (USDT)The Tether cryptocurrency is a coin that became the first stablecoin that gained popularity in the crypto world. The Realcoin project, launched in July 2014 by the vice president of the world-famous Starbucks company, marked the beginning of this coin. The idea was to create a cryptocurrency, the price of which would be pegged to the dollar exchange rate. However, this cryptocurrency was not in demand, and therefore a full rebranding was carried out a couple of months later. Immediately after that, Tether was added to one of the largest exchanges, Bitfinex.    Tether is one of the most scandalous cryptocurrencies in the entire crypto world. The coin has earned this reputation from the very beginning. The creators said that Tether and the Bitfinex crypto exchange are not connected in any way, but later the Paradise Papers documents surfaced, which confirmed the connection between the companies.Another scandal is related to the fact that Tether Limited could not prove the security of tokens with fiat assets, since it never conducted open audits. And in the spring of 2019, information surfaced on the network that some of the coins are provided with bitcoin.Tether is a fully centralized cryptocurrency. The issue of tokens and verification of payments is handled by Tether Limited, and to work with tokens, you need to pass verification.However, despite all the disadvantages described above and the presence of promising competitors in the face of younger stablecoins, Tether still remains the leader in this category of cryptocurrencies. At the time of writing, the cost of one token is $1 with a capitalization of almost $3.4 billion. However, over the entire history of the coin's existence, its value has varied between $0.91- $1.06.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesStellar (XLM)The next is Stellar, which was created under the slogan "people's cryptocurrency", in contrast to the XRP cryptocurrency, on the basis of which it was originally launched.To be more precise, Jed McCaleb, one of the founders of Ripple, left the project in 2014, deciding to launch his own crypto product. From the very beginning, the Stellar cryptocurrency worked on the Ripple blockchain, but in 2015 the team rebranded and transferred the coin to its own blockchain called the Stellar Consensus Protocol (SCP). The tokens also received a new name-Lumens.The creators did not conduct an ICO, but the project has a major investor - the Stripe company, which invested $3 million in Stellar. The coin confirmed its status as a "people's cryptocurrency" by the fact that, unlike Ripple, it made mining available to everyone. However, as a reward, nodes receive only small commissions, which does not greatly encourage users to become miners.The goal of creating the Stellar cryptocurrency is to create a network for fast and cheap payments that are accessible to ordinary users, and not banks, as in the case of Ripple. Regardless of the transfer amount, you need to pay a commission of 0.00001 XLM (~$0.00000126 at the exchange rate at the time of writing this article). One of the huge advantages of this coin is the support of fiat currencies, thanks to which you can make cheap transfers even to countries where there is no technical possibility to use cryptocurrencies.The Stellar protocol initially includes an annual inflation rate of 1%, so 1 billion new XLMs are issued every year.Read more: Causes of inflation and scientific approaches to their studyCardano (ADA)This is a new generation cryptocurrency, which the developers themselves position as "Blockchain 3.0". The idea of creating this coin belongs to one person named Chals Hoskins, but there are three companies behind the creation and development of Cardano — IOHK, Emurgo and the Cardano Foundation.Work on the Cardano cryptocurrency began back in 2015, but the coin was presented to the crypto world only in 2017. The development was carried out with the money raised through the ICO - a total of $63 million was raised after the sale of almost 60% of the tokens from the total amount of 45 billion ADA. Interestingly, 95% of all tokens at the ICO were purchased by Japanese investors.    Cardano is not just a cryptocurrency for making payments in a decentralized environment, it is a whole ecosystem for creating dApps, conducting voting and many other functions. It is a direct competitor to Ethereum, but Cardano offers anonymity, higher speed of payments, advanced smart contracts. In addition, according to the developers, the cryptocurrency offers the user a higher level of security by working on the Ouroboros consensus algorithm — the first and so far the only protocol with mathematically proven security. In addition, according to the "roadmap", developers will implement algorithms for protection against quantum attack.  But despite such innovative solutions and ambitious plans, Cardano is currently experiencing difficult times in the cryptocurrency market. The price of one coin is now $0.09 compared to the peak of $1.15 in January 2018. At the same time, the current capitalization is $ 2.35 billion:       ...
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