Hello everyone I hope that you are doing fine today I have attended one of the lectures from the Crypto Academy and I have learnt so many new things and I will try to do my homework task and I hope that I will provide you some useful information and I hope that you learn something from it

Define in your own words what trading is, what its function is and how it relates to the cryptocurrency market.

Trading is basically buying and selling of goods now when it comes to trading it means that  buying something for selling something and making profit on that trade it can be loss sometimes and it can be profit sometime basically it is called trading trading his many types it is not only just stocks and cryptocurrencies there are many kind of trading  in the world there are physical trading in which people buy cars and other things and then sell them for profit that is also trading buying something from one place and then bringing it to other place and then selling get over there is also trading so trading has many types but the basic purpose of trading is to make profit on the goods on anything which we are trading is called trading

 cryptocurrency trading is one of the types in trading in this what we do is we invest our money en1 specific coin or we can also invest in many coins and then when the price is up we sell those coins and make profit on that thread that is what cryptocurrency trading is when the price is down we buy and when the price goes up we sell that is short term trading there are many types of trading in the cryptocurrency market like some people invest in coins for a long-term and that is also happened with stocks as well people invest in different stocks and then wait for the stocks to go up and then they can sell it and make profit on that

 in cryptocurrency market there are many types of traders there are some short and traders their trade in minutes sometimes an hour and sometimes in days they are called short term trading and in other times we can call it day to day trading and then there are other that is home are here to stay for a long time like there are many people they have invested their money in Bitcoin long ago and now they are in a very good profit but that still waiting for the price to go more up so they can make more profit on it and it can be years also so that is also trading

Define and explain which are the tools used for trading ( Technical Analysis and Fundamental Analysis ) and at least one example of each. ( A screenshot is required ).

There are many types of tool that we use when we are trading special in cryptocurrency markets because as you all know the price goes up and down and all the traders are here to make profit so so it is very important for all the trade is to to predict the price of a cryptocurrency is in which they are going to invest in there are many things that traders do they read the coin and they follow of the coin and they also do Tu to others WhatsApp analytics but today we will not talk about the two main types of analytics which every trader use and very important for each and every trader to have information about

Technical analysis

Technical analysis is basically the technical analysis of a coin is when we take a chart of that coin and we read it so there are many aspects of it like reading the history of that coin and see where it was up and where it was down the other factors are see if the market is in bullish or bearish Trend and that can help us predict the price of that cryptocurrency reading the volume and total supply of a specific coin checking the all time high and all time low of a coin in the chat also helps us to predict the price and to see if there are more buyers in the market or if there are more sellers in the market all these things combined and it is not it there are a lot of other tools indicators which are the traders used to see and to predict the price of a cryptocurrency

EXAMPLE

BTC chart

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We will take the example chart of Bitcoin which is the most popular currency and all the other altcoins are kind of connected to this currency will try to read and do the technical analysis of this coin so by looking at the chat as we can see in the last one week it has gone to a very good potential there is a really good pump in the prize which gives us the idea that currently the market is very stable and it's in uptrend after this it can go up if we go back and see the history of this coin we can see that that it was very high in the last couple of month and suddenly after a crash it went down so there is a really good potential of it going up again and now as we can see there are really many green candles in the chart which means that many people are buying the coin and the market is currently in bullish Trend

fundamental analysis

 in fundamental analysis what we do is we look out for anything which is related to prepare currency market it can be positive news it can be a negative news it can be anything from general least two politician and two countries if they say something related to cryptocurrencies it will affect the prices of cryptocurrencies if there is a big scam that will also affect the cryptocurrency market if there is a big hack that will effect cryptocurrency market and even if there is a big event in a positive way for cryptocurrencies that will gonna affect the cryptocurrency market as well and looking out for all these news and rumours outside the market is called fundamental analysis now all the news has different effect on the market if there is something positive outside then it will obviously affect the market positively in the market will go up if there is something negative about the cryptocurrency market suppose if a country e  ban cryptocurrency in their country that well gonna have a significant amount of negative effect on the marke now at the same time If a country accepts and make a cryptocurrency as a legal tender that will affect the market positivelyt

example

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Akhil weeks ago when there was a news about cryptocurrency from the China when China announced that they are banning all the cryptocurrency mining in the China country and that has a significant amount of negative effect on the cryptocurrency market and all the cryptocurrencies went in a negative about more than 30% and suddenly the market was in down trend because of the negative news in the market that is called fundamental analysis when something like that happens you don't invest in the market at that time because there is a big chance of losing all your investment in the market that is the one example of fundamental analysis

Name at least 3 cryptocurrency exchanges with the highest trading volume where we can buy our first cryptocurrencies and explain in your words the ways to buy cryptocurrencies on at least one of these platforms ( Do not use Binance ).

There are many cryptocurrency exchanges available in the market but you will have to choose the best one for yourself there are many factors as our professor said in the cross so first of all you will have to see if the exchange is available in your country I'm enough you can deposit your money into that exchange in your country or not in the second thing that you will have to see if the exchange is fast because Crypto trading is a very fast think it's all about s for me that's a big criteria I told that is changed which is very fast personally I use binance is my exchange but I have many other exchanges as well I used mainly for exchanges in my cryptocurrency trading

To see which exchange has the highest volume and it is suitable for you you must go to our website name coinmarketcap where you will be able to see all the exchange is listed with the the volume available at that time so now I will show you how to do that first of all you will have to go to the website and then you will be able to see exchanges on the top bar just click on that and you will be able to see menu options then select spot and there you can see all the exchanges available with the highest volume

Free exchanges with the highest volume

 Binance  $77,573,351,970.50

 coinbase exchange  $2,290,948,087

Huobi Global  $10,972,033,941.01

After you have chosen the cryptocurrency exchange now I will show you how can you deposit your funds and start trading your cryptocurrencies for this example I am using poloniex  exchange because this exchange is available in my country 

1 first of all go to to poloniex  exchange and create your account

2  now you will have to verify your account to start trading and deposit

3  now once you are completely verified you can open the exchange and then you will have to select the deposit there are many ways to deposit and to the exchange you can deposit with your card there are many options and direct bank as well

4 choose your currency and then just transfer your funds to your exchange before that you must have to select the coins that you want to to buy I will suggest that you buy a stable coin which is usdt  and then later on you can decide which coin you want to trade in  and that's it that is have you start trading in cryptocurrency market and exchange

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Now that is the way how you can buy cryptocurrencies from the beginning if you don't have any cryptocurrencies then you can do that if you already have some cryptocurrency is in your wallet or anywhere with you you can just directly deposited that into the exchange and then exchange that to the point that you want to invest in and that is also very easy you will have to do the same procedure just a little bit different than I will show you how you can do that now if you have cryptocurrencies or if you want to use third party you can easily deposit cryptocurrencies into your exchange and then start writing with that

deposit crypto

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click on the deposit and then yu will have to search for the coin that you want to deposit i will search for steem then you will see adress for that coin copy and paste that and transer your coin into the exchange and start trading

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done

Thank you professor

 @lenonmc21 

for the lecture.