Trading in Bitcoin are very simple. If you have a specific person who wants to send money, all you need is their bitcoin address, and you can fill out this address on your bitcoin client. If the person you send the money to uses the same client as you, the email may be all you need to send the money to. This is because the email is linked to the recipient’s account.
– Can the cryptocurrency market only be traded at a fixed time, like stocks?
“The stock opens at 9 a.m. and closes at 3:30 p.m., but the cryptocurrency market runs 24 hours a day. In short, we can say that the cryptocurrency market is working even during our bedtime.”
– What are the fees for cryptocurrency transactions?
“Transaction fees vary between cryptocurrency exchanges. Looking at a few places, Bithumb is 0.15%, and Corbit and Coinone are applied differently depending on the transaction amount. Some exchanges offer discounts on transaction fees with coupons, so let’s check before trading.”
– What should be noted when trading cryptocurrency?
“There are cases of ‘eat and run’ on some cryptocurrency exchanges that have not been certified for their real names, which is a problem. This is the case when an exchange that determines that it is difficult to receive a real-name account closes without returning a customer’s deposit.”
– What is the future outlook for cryptocurrency?
“Bitcoin rose sharply in March after news broke that Tesla, a U.S. company, began accepting payments for new car purchases with Bitcoin. WeWork, the world’s largest office sharing company, also adopted Bitcoin and other cryptocurrencies as payment methods. As such, the value of cryptocurrency will be recognized as currency in the future, and the more places it can be traded, the bigger the market is expected.”