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How Crypto Trading Bots Work?


Introduction Crypto trading bots are software programs that can automatically execute trades on behalf of the user. They can be programmed to trade 24 hours a day and seven days a week and can be set up to buy or sell at certain price points. Trading bots are designed to work on all major...

Bitoftrade: A New Anonymous Exchange to Leverage the Power of Crypto Trading


PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered the market with a transparent, non-custodial solution that makes advanced trading tools accessible to any type of trader. bitoftrade allows users to get more from their crypto portfolio. The platform offers...

Crypto Trading in Russia Rises Again as Price Discounts Emerge


  Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...

South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine


Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...

Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike


  Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...

Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading


  In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022


  The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers. The plans include an online portal that allows clients to place orders for various digital...

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