Top 5 Crypto-to-Crypto Exchanges for Intermediate Traders

Finding the right crypto-to-crypto exchange is vital in progressing your trading strategy. Crypto-to-crypto exchanges offer users significant advantages in coin selection and ease of onboarding. In addition, many of these platforms don't support fiat currency trading pairs. As such, they don't require you to undergo intrusive KYC protocols. Nowadays, there are more crypto-to-crypto options in the market. Part of this increase in selection can be attributed to the rising popularity of DEXs (decentralized exchanges). Here are five options that have proven their…

The Difference between Investors and Traders in the Crypto Market

Before buying any cryptocurrency, you must decide if you want to be an investor or a trader. Familiarizing yourself with the difference will save you from massive loss. The worst thing you could do when entering crypto markets is an investor who thinks like a trader or vice versa.  People can use the coins to purchase goods or services, buy and hold cryptos, diversify their portfolios, or buy and sell cryptocurrencies to profit from short-term price movements. These participants use…

The ATO To Pursue Crypto Traders Over Tax Dues

Reports emerging from Australia indicate that the Country's tax administrator, The Australian Tax Office (ATO) is preparing to seek out crypto traders concerning their tax obligations.  Tax Claim Goes Back Several Years A media report on Wednesday cites an ATO spokesman confirming that the agency will contact over 35,000 traders regarding their tax compliance spanning a few last years.  The Australian law regards cryptos as property subjecting them to capital gains tax. Thus trades are mandated to report all proceeds…

Five Tips to Trade in a Bear Market

Bear markets are brutal when they hit. Fortunately, they tend to be much shorter when compared to Bull Markets. But if investors are not well equipped strategically, a small drop will make them panic sell, which could wipe away all their savings. A Bear market is any market condition that shows a downtrend after a period of considerable growth. Most investors consider the bear market an indicator of a failing market and industry. But to a seasoned investor, the bear…