Many people on Steemit dont come from crypto but actually usual markets - Forex often.
Forex has all KYC/AML, payments need taxes.. so this guys came with a solution.
Forex market where you can deposit and withdrawal cryptos without doing any verifications.
Step By Step
- Register to SimpleFX
- Go to Deposits and Choose Currency That You Prefer
- Go to Accounts and Choose to Which Account Deposits Should Be Applied
- Trade
GUI
You can trade with MetaTrader4 (the most popular Forex Trading software) or straight from website.
Its just good to have account on such spot and some funds in, for example if some big news drop about some company. Ie it gets hacked or so.
Exzcuse my missclicks - just shows im a real person.
Look how many things you can trade - Stocks, Commodities, Forex Pairs and Cryptos.
This is for example LTCJPY.
Leverage
This site allows leverage trading so even with as little as ie 0.01BTC you can do trades and make nice returns (or looses :). Support is very helpful and there is many guides on site.
So in spare time check this platform, its really nice. Especially if you traded forex before you will like it.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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Hey ,
Very interesting read, Thanks you for sharing it!
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The internal exchange between the entire virtual currency and RMBs in Bitcoin, the Ethernet area as the representative of the whole term is closed, but not to regulate the virtual currency itself, there is no prohibition of virtual currency one OTC.
The regulators decided to close the exchange of virtual currency in China, which includes the exchange between all "OKcoin", "Fire currency net" and "Bitcoin China" and another virtual currency with legal tender presented. Figure / Vision China
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[Comment] S the subsequent normative halt ICO How will it develop?
[Financial New Network] (reporter Peng Kin Kin-Uu Yujian) regulators decided to close in the Chinese virtual currency exchange, which includes among all the "OKcoin", "Foreign exchange currency" and "Bitcoin China" and other virtual currencies with a legitimate payment By means of the stock exchange, new financial reporters are approaching the Internet of financial rectification risks, the work of the group's leading office (hereinafter referred to as the lead group), which confirmed this news, and learned that the permit is currently deployed to the field.
September 8, the third party trading platform, the network of cross-country issued a statement in accordance with the spirit and requirements of September 8 in Beijing financial conference work on September 5, from the day 17.30 to suspend trading in all currencies.
This is still a regulatory action after the People's Bank and the other seven ministries, together after September 4, jointly notice (further notice). The above statement by ICO (initial coin placement, initial public sale of coins) as an "illegal financial activity" and ordering since the announcement, ICO ban on new projects, projects to limit the stock of repayment. All ICO tokens trading platform must clean the deal.
The purpose of the regulation is not limited to now more than 60 ICO tokens trading platform, we will not participate in a number of trading platform home ICO virtual currencies are included in the purification volume critical to the completion time.
"In other words, the future can not have a so-called trading platform between virtual currency and legal tender in China." The closer to the leading group said: "Thus, there are no so-called markers, virtual currency, and there may be twenty or two problems between the PQM can not be sold. "
Regulatory research of virtual currencies of trading platforms did not suddenly strike, but at the beginning of the research was at the beginning of the year. Currently, the management team has made this decision and careful measures.
The central seven ministries in the announcement jointly issued on September 4, the signal was issued for this: The third announcement "Strengthening Financial Trading Manager token trading platform," noted that since the notification, any so-called financial transaction markers platform should not engage in legal tender and lexemes, in the "virtual currency" traffic exchange among themselves, can not be sold or used as a central counterparty of trade tokens or "virtual currency" should not provide For information about the prices of intermediaries as a token or a "virtual currency" and other services.
It should be noted that this decision to close the trading platform between the virtual currency with legal tender, which only prohibits the floor to trade virtual currency in China, and does not prohibit all virtual currencies with legal tender in the territory of China's trade. "In order to close the exchange Bitcoin no. For Bitcoin »the leading group that stressed the previous closure, suppression and Bitcoin-related activities related does not affect the development of the block chain technology.
In accordance with the position close to the leading group of sources, in terms of risk prevention, so that virtual currency and legal tender from the sex trade activities from China, the main market risks, financial risks and social risks at three levels.
The distorting effect of the secondary market
Since 2013, regulators have felt a great risk for the distorting effects of the secondary virtual currency market. At that time, Bitcoin volume transactions in China, and more than ninety percent of world trade volume, and Bitcoin pushed a record high of 8,000 yuan. PLAY INDIVIDUAL
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Interesting, but I prefer to stay away from forex.
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This post received a 1.5% upvote from @randowhale thanks to @eliel! For more information, click here!
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those are some old 20 dollar bills!
Just look how strange the old $20 bill looks now! i remember these but I am so used to the new ones now that te old ones look "suspect" and not as "authentic" in my mind! amazing how keynesian fiat money is all based on a mind trick while crypto is real and retains its value year after year with an almost negative inflationary type effect as we enter crypto early and benefit from being early adopters!
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has given me support.
Nice and criticism
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great tool for trading stocks/forex with Crypto!
your really posting high quality! i love it man! youre makin so much i look up to you and hope to have 10,000 followers like you too one day soon!!!
Someone on discord was asking how top trade stocks with crypto, and this is a great solution! I would like to see a decentralized system and of course id like to know more about a completely decentralized blockchain stock market but I realize now that crypto exchanges ARE the stock markets of the future! companies in the future will only be able to survive when they have tokens on blockchains that are traded openly on decentralized exchanges! this will create a space in which non tokenized companies wont be able to compete ,maybe I know in some fields the crypto currency will replace conventional stocks! allowing companies to raise money fast! look at steemit, instead of stock in steemit you have a stake, u have steem, and steempower,and anyone can buy steem, noone needs a brokerage account, anyone with bitcoin can get a share of the steem blockchain and so its an example of how important the stock markets will change now that crypto is here! cryptocurrencies are the magical dreams of wallstreet , these are the magical securities that theyve always dreamed of so you would think that the finance guys on wallstreet would LOVE crypto a lot more than they do! They stil laugh at it when its honestly the answer to all the derivatives etc, AND for the whole housing mortgage credit crisis!
now mortages and credit can all be on a blockchaina nd financial crisis wont be triggered from that sort of problem anymore with the transparency of the bl;ockchain! Also the blocchain will help banks save money and if they dnt support bitcoin the banks will die! they can TRY to support Ripple but time is running out!
they HAVE to make theirmove now!!!
The bitcoin market could go WELLl Past 100 trillion dollars because REAL ESTATE can be pumped into bitcoin NOT just Fiat currency! the 100s of trillions in fiat currency are just PART of the money we need to use with bitcoin! the deviatives are quarillions and the real estate market thats 200 trillion so bitcoin may need to be in the quadrilliosn for it to really be ready, meaning peopel WONT STOP putting money and comoditis into BTC iuntill it gets rEALLy expensive!
Bitcoin will end up being so expensove that the transaction fee may become $100 or more and reserved for big tiocket transactions like Houses cars bopats, so if you cant afffprd the $100 trnsaction fee yopu wont be able to make a transaction anyway! but no thats just incase they dont ix transaction fee problems! they willa nd bitcoin will go back to ceaper transactions and fast once we have different solutions. We also have bitcoin cashj to use to send cheaper and faster transactions, So maybe get both? I think as long as you keep 1 of al the major crypto currencies you should be fine! :)
dude alex jones show has mike cernovich recently who at 6:00 in this video mentions censorship free blockchain social networks!
But yeah man, good job with your posts! In my latest post I analyze You, jerrybanfield and sweetsssj as three whales who can lead us all to glory! i analyze how you gusy all make different amounts with curation but all have around the same 10,000 + follower account! https://steemit.com/steemit/@ackza/i-look-at-3-steemit-whales-with-over-10-000-followers-who-make-usd100-500-per-post-and-try-to-explain-their-success-all-the I think its important we get people into curation and actually explain what curation is
Youre making me feel bad! i have to start posting a lot more! I see youve already posted a few tims today! XD damn youre making over $300 per post its so lit! so fuckin sweet I love this man you are on it and deserve al the sweet dripping crypto nectar youre earning man
and @kingscrown dont be afraid to repost some summaries of some of your best older posts! many of us dont get to see all the old posts so if u started posting some repeats it would be much aprecoated if the subjects are important!
Like a new post about curation from you would be useful! a lot of dolphins need to know about how curatin posts with the majoprity of theior upvorte power is really important and that they can really help those high quality posts on steem to rise to the top by saving vote power for the most high qualty content
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Nice info
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Wow... Amazing!
@ackza and @kingscrown have this capability. I am sure, they will liked this
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Want to make profits? Trade long X100 btc/usd on bitmex! It more fair game than forex)
https://www.bitmex.com/register/HJfZyC
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Thanks for sharing!
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What about fees?
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I'm finding out
I'm Agree with you
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Nice!
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This post was really informative. Thanks for for taking out time time to draft such a priceless piece.
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@kingscrown Really nice platform and great tutorial, Thanks for the info
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i have a very bad experience with forex
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a vote of yours pulls me out of poverty, good post
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Really useful tutorial, Thanks a lot
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Ty for the info @kingscrown always useful!
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Nice! Thank you for the info :)
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Thanks for the information @kingscrown, it was always interesting for me to start trading on the exchange, but I was thinking how and where. Now I have something that became clearer :)
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This post received a 20% vote by @minnowsupport courtesy of @kingscrown from the Minnow Support Project ( @minnowsupport ). Join us in Discord.
Upvoting this comment will help support @minnowsupport.
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thank you for posting :3
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GENIUS!
I day trade, and def appreciate this info!
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Never heard about this platform, looks awesome, im gonna try it out
Thanks for sharing
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Thanks for the share, very informative!
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very interesting information, really helpful for me, thanks
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Good post. Upvoted. Resteemed. Please follow me And upvote my content if you like. Thank you @kingscrown
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verry good
thanks
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Very cool, I'll have to check out MT4! I always say that BTC/ICOs are like futures/securities without ANY of the SEC protections.
If you've got the guts, risk=profit.
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Excellent sharing with step by step guidance! Thanks
Upvoted
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Extremely Helpful!
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All very interesting, but I'm going to need some money to be able to accomplish this. I joined Steemit to get that money and I'm learning. Posts like these make my learning just a little bit easier. Thanks for the enlightening.
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Thank you for the info @kingscrown
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Well Leverage may look nice but I tried doing trades with leverage in stock market it never ended well for me. I'm pretty sure if I try trading with leverage in Crypto I will lose everything haha or Should I give it another change ?
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wow nice post I like it, I will support you,upvoted
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good information thanx for sharing..
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This post received a 3% upvote from @randowhale thanks to @kingscrown! For more information, click here!
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👍😮😮😮
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Thanks for sharing. Is this platform for trading only? Are you able to use it for FIAT currency exchange?
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It seems that I need to shift from my broker, I also love to trade cryptos
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Become an partner and receive
additional +$500
to your monthly commission
now free register
https://fbs.com/promo/bonus500?ppu=3533797
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Great Idea @kingscrown ........ I am going to make an account today....
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Nice ingo
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hi @kingscrown !!!!
Thanks for the information, it was always interesting for me to start trading on the exchange, but I was thinking how and where.
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hi,
it is wonderful article love reading it thank you for sharing
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i don't need to hide my person, but it might be useful for someone ( don't know why, but people love to hide them )
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Great post for starter, save it for later read!
Thanks so much.
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why I'm so excited, When opening the post you. There is interesting news I get here very rewarding.
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There are many more platforms that allow anonymous trading, although the one you picked is probably the most known and easy to use.
I'm waiting for the day we can trade futures on a decentralized platform :)
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I've never played Forex. But now I'm thinking - can I play with crypto-currencies? On the exchanges, it seems ...
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Hi follow me. vote me.thanks for the support
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Great post, there is also https://www.dimcoin.io/ with https://hybse.com/company/view/type/otc/ which are created on the NEM platform. They will launch on exchanges in Q4.
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A good guide, but I would like to warn any newbies that amateur daytrading on currency markets is very risky and one of the easiest ways to lose money.
Adding leverage to the mix increases the risk sinificantly.
If you like Bitcoin or other cryptocurrency it is much easier and safer to just buy and hodl and leave the day-trading to the professionals.
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cool and interesting i guess many of us didn't knew about that
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Thank you for posting, very good info. that I bookmarked to pursue.
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already using it. thanks for the info.
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is it a real brokers?
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to the best of my knowledge, yes it is. the spreads on the currency pairs seem to be pretty good.
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Congratulations @kingscrown!
Your post was mentioned in the hit parade in the following category:
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Litecoin cool
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Is it too late to start getting into this stuff... seems like the buy in is already too high for novices ?
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As with anything dealing with trading, I would advise to read ALL THE FINE PRINT. If this site doesn't need your ID verification to let you trade and keeps you from having to pay taxes, then what are they possibly hiding? I know, I'm being the negative guy in the room as this is truly great information, but if you ID can be kept secret, can this company just walk off with your crypto as they too are annonymous and trying to track them down would be next to impossible. As with anything in crypto and having inherent risks, just remember to not spend/use any more money then you are comfortable with losing.
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Great guide!!! I upvoted and resteemed
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now i am trading crypto on Bittrex.com. i am a beginner
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@kingscrown.. my ideal post...though i am new here. thanks for the good work
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@kingscrown...i am very interested to understand the crypto and forex trade mechanism.. i have not done it before but recently i am picking interest.
i am following you always keep me updated...please follow me back .
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I am trying to learn all I can and I don't know if I am just starting to get system overload but sometimes I feel even more confused than when I started lol. And though I have no clue what I am doing, I have grown a small investment into a few hundred dollars, but really am trying to learn more to grow it even more. I am cheap and don't like to spend money, so when I made my profit I pulled my initial investment out so now I am basically trying to grow what a friend has dubbed my free money. But all of the information out there gets a little mind boggling. But I figure I will learn as I go and hopefully none of those lessons hurt to bad.
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great thank's to share it with us , Ive followed you !
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Very interesting! Will have to look into this... Thank you!
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Margin trading with bitcoin.. sounds scary :P
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is SimpleFX accredited brokers ?
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Good post.
My concern though is, how reputable is SimpleFx?
Some quick googling shows that they are a non-regulated broker. How do I know they aren't going to run off with my BTC?
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it's really beauty thank's for share this information with us , I have followed you
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Very nice, its good you shared, informative and helpful
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Very good post, I have searched for something like this for a while.
Sadly it doesn't allow "true" stock trading, you can just engage in CFDs where you don't really own the asset. I would like a service more that allows users to trade with stocks directly, although I believe that is not possible by law. Regulations require to identify the owner of a stock and the money he used to buy it, so a "anonymous" platform would not be legally possible.
Still interesting though!
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Good news for forex traders
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This is a nice one, i have to try it out
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Thanks for sharing. I come from a traditional forex trading background, unfortunately in the US there are not many options to trade. And none with MT4 that I am aware of. I will definitely check it out.
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