Spot market A spot market is where financial instruments are exchanged for immediate delivery, such as commodities, currencies, and securities. Delivery, here, means cash exchange for a financial tool. In comparison, a futures contract is based on the delivery of the underlying asset at a future date. Over-the-counter (OTC) markets and exchanges may provide spot trading and/or futures trading. How Spot Markets Work Spot markets are also referred…
Currency Revaluation What is Currency Revaluation? In a fixed exchange rate regime, only a decision by a country’s government, such as its central bank, can alter the official value of the currency. Developing economies are more likely to use a fixed-rate system to limit speculation and provide a stable system. A floating rate is the opposite of a…
Equity in Forex The account equity or simply “Equity” represents the current value of your trading account in forex. Equity is the current value of the account and fluctuates with every tick when looking at your trading platform on your screen. It is the sum of your account balance and all floating (unrealized) profits or losses associated with your…
Support Level Support level occurs where a downtrend expects to pause due to a concentration of demand. It refers to the price level that an asset does not fall below for a period of time. Buyers, entering the market whenever the asset dips to a lower price, create an asset’s support level. In technical analysis,…
Capital Loss A capital loss is when the value decreases for a capital asset, such as an investment or real estate. This loss will not realise until the sold asset is for a price lower than the purchase price originally. It is a difference between the purchase price and the selling price of the asset,…
Solana (SOL) Solana (SOL) is a decentralized computing platform that uses SOL to pay for transactions. The currency aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization. Solana…
Litecoin (LTC or Ł) Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. The crypto was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin. Litecoin is different in some ways from Bitcoin: The Litecoin Network aims to process a block every 2.5 minutes, rather than…
Tether (USDT) It is a cryptocurrency with tokens by Tether (USDT) Limited, which in turn is controlled by the owners of Bitfinex. The original design was always worth $1.00, maintaining $1.00 in reserves for each tether issued. While, according to its 2021 settlement with the New York Attorney General Letitia James, “Tether (USDT) represents to users that any…
Polkadot (DOT) Polkadot (DOT) is a unique proof-of-stake cryptocurrency that aims at delivering interoperability among other blockchains. The design of the protocol is to connect permission and permissionless blockchains, as well as oracles, to allow systems to work together under one roof. Polkadot’s core component is its relay chain that allows the interoperability of varying…
Moreover, How to start trading on forex How to start trading on forex? Many want to make money in the forex market, but few who begin to trade forex want to do the prep work needed to become successful traders. While trading forex has become easier now than ever before because you can trade online via the internet, most novice traders…