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Showing posts with the label day trading

Binance Does It Again: Passes Deutsche Bank Quarterly Profits, Continues Leading With Token-based Exchange Model

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I am the author of this article and the original piece of content can be found here on my Medium blog . At the end of last year, I wrote an article entitled  Binance Exchange: Fueling a Hot New Era of Token-based Exchange Models? ,  diving into the  innovative token-based exchange model  Binance  brought to the competitive table.  Unarguably, their business model along with being at the right place and time  has catapulted them to being the top cryptocurrency exchange in the world  —  7-months after starting the business. This is  unheard of in the world of business . A startup becoming the all hailed unicorn within MONTHS.  Unicorn = billion dollar valuation . I don’t know what Binance’s valuation is or if we can even value the organization from a traditional valuation standpoint; however,  their 24-hour volume as I type this is $3.9 billion . They  charge a 0.10% trading fee  — we’ll do the math further down. This comes ...

IDEX, Ethereum’s Superior Decentralized Exchange and EtherDelta Alternative

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This post was originally published on my Medium blog and can be found here . I hope you enjoy and find this helpful! Hello Crypto Family, I’m happy to report that  Ethereum has a new decentralized exchange (DEX) participant on-chain :  The Aurora DAO.  Those of us who have been trading in the crypto space for  at least the last six-months to a year  and are  savvy to the Ethereum blockchain  understand  how bad the community has needed an EtherDelta alternative . EtherDelta Exit Scam? I’ll be honest with you, I  haven’t even looked at EtherDelta for the past 2-weeks because I  lost interest in using the exchange after their cash-grab of an ICO they had . It was very strange as  EtherDelta had mentioned their GitHub repository  had been  breached a couple months back . The  exchange never really recovered in terms of working properly  and they  launched their ICO before making sure the exc...