STEEMIT PAKISTAN CRYPTO COURSES SEASON 1 || home work post for professer [@aizazghumman] - feature of coin marketcap , how to transfer steem , what is spot and p2p trading by @malikusman1|| 10% beneficiary to @steemit-pak

in STEEMIT PAKISTAN3 years ago (edited)

Asslam-0-Alaikum!
How are you my friends? I hope you all will be fine by the grace of Allah Almighty my today post is a homework post given by professer @aizazghumman.

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Let's Start my homework

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⭕ ||QUESTION NO 1||

Explore Coinmarketcap and explain 5 features of Coinmarketcap, Do the fundamental analysis of anyone cryptocurrency (screenshot required)?

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🔷️ ||What is Coinmarketcap||

It is very famous website about cryptocurrency it was launched in 2013.There are many other websites like prices.org etc but i like coinmarketcap the most let's talk about Coinmarketcap

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Source

CoinMarketCap is the world's generally trusted and exact hotspot for crypto market capitalizations, valuing and data. CoinMarketCap is a U.S. organization enlisted in the United States of America.

  • Coinmarketcap is the power with regards to following digital money costs progressively. Since its initiation in May 2013, it's gotten one of the most amazing known brands in the quickly developing crypto-space.

  • The site and cell phone applications need to make cryptographic forms of money discoverable to all. What's more, to enable regular financial backers with real data that is consistently exact and consistently of the greatest quality.

  • Coinmarketcap stays perhaps the most confided in hotspots for retail financial backers, organizations, and media with regards to contrasting the costs of crypto-resources.

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🔶️ ||How Does Coinmarketcap Work?||

  • Coinmarketcap examines ongoing data from an assortment of sources to give exact value data on checked crypto-resources.

  • It scratches subtleties like value, exchanging volume, market capitalization, and flowing supplies from confided in worldwide trades and presents the data in a convenient, fair-minded, and simple to-decipher way.

  • It's determined by multiply the quantity of coins available for use by the current market cost of a solitary coin. In crypto, market cap is determined by duplicating the absolute number of coins that have been mined by the cost of a solitary coin at some random time.

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5 Features of CoinMarketCap

If we talk about its features, its features are many, but today I will tell you five of its features which are commanded by our dear professor.

  • ➡️ User Friendly Interface and easy to use
    One of the great features of this website is that its interface has been made so cute that anyone who uses it once goes crazy and it is also very easy to use. There are no difficulties.When we open it, we will see many things as we open it like MCap,vol 24h etc.

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  • ➡️ Watch list of Top 100 coins
    Another feature of this website is that when we open it, we will see 100 top coins of crypto market and these coins are listed according to their market cap.From there we can see 100 top coins and what we should invest in and in front of these coins the charts of the coin is available. The Chart tell us what was worth in the last few days and what is its value now.

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  • ➡️ SEE MCAP OF A COIN ITS CIRCULATING SUPPLY AND VOL 24H
    Another feature of it is that we can see the front and back detail of a whole coin on it.

  • We can see its market cap

  • Its circulating supply

  • Its last 24 h volume

  • its all previous ranking

  • Its present price its last month and last seven days price

  • we can also see the complete history of a coin

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  • ➡️ Chk Total Crypto currencies, Total Exchanges and dominance on it
    Another feature of this is that we can estimate how many cryptocurrencies are in the world and how many exchanges are used in the corrupt currency and also we know about the dominance of coin. Dominance mean which coin has largest Mcap mean most currency is invasted in which coin.

For Example:

Total crypto currencies are = 11,517
Total exchanges = 398
Total Market Cap = $ 2,095,080,828,951

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Dominance : BTC: 42.5 % , ETH : 18.9%

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  • ➡️ know deeply about a coin
    One of its feature is that we know deeply about a coin. We chk its whole detail with the help of this website. Every coin has a website and whitepaper and all details of the coin. we can also chk all details with the help of coinmarketcap website.we can also chk the holders of the coin with the help of this website . We can chose a best coin ourselves with the help of this coin and chk that the coin is real or fake. Because if a coin is fake it has no proper website and whitepaper.

These Are its features

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Analysis Ethereum

If you have started Trading, if you want to invest money in any coin, you should first analyze it so that we can know if this coin is real or fake. So today we analyze ethereum.
If we want to know if this coin is genuine or counterfeit, we must first analyze it, because if we have just started trading, it is very important for us to know about the coin.
So how we analyze a coin

  • ➡️ First click on the coin you want to analyze as i want to analyze ethereum.

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  • ➡️ Chk its website link given in details of the coin as shown in pic below also chk that the information provided on the coin website is orignal or athantic.

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  • ➡️ After that click on the source code and chk which language is used to develop it and some other source code details

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  • ➡️ After that chk the white paper of the coin because all coin has its oven whitepapers.The full details of this coin are written on the white paper and it is all written about how and on what basis this coin was made.The white paper tells us whether the coin is genuine or counterfeit, whether we should invest money in it or not.

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I cant not show holders data because i run this website on my mobile i did not seen the option of holder in my mobile dear professer.

SO THESE ARE SOME INSTRUCTIONS TO ANALYZE A COIN IN COINMARKETCAP

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⭕ ||QUESTION NO 2||

How to transfer steem, steem wallet to Binance exchange?

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EASY STEPS TO TRANSFER STEEM INTO BINANCE EXCHANGE

  • ➡️ Open The wallet of Your steemit account

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  • ➡️ Click On steem option and also click on transfer

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  • ➡️ A small white box will be open

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  • ➡️ Copy your wallet adrees and Steem memo from your binance account

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  • ➡️ Paste wallet adrees and steem memo in the empty boxes and press ok

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  • ➡️ Now chk your binance account your steem has been successfully deposited

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🔴 So This is the method of transfer steem to your binance account

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⭕ ||QUESTION NO 3 ||

What is spot Trading? Explain the feature of Orderbook? what is the difference between a market order and a limit order (screenshot required)

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🔷️ ||What is spot trading?||

  • A spot trading, likewise alluded to as a spot exchange, can be characterized as an obtaining or offer of a value, unfamiliar cash, product, or other monetary resource which is expected to be promptly followed through on a specific spot date.

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Source

  • A spot exchange implies an actual trade of a monetary instrument with moment conveyance. A spot market is additionally called a physical or money market, since cash installments are prepared with no postponement.

  • Numerous monetary resources quote a "spot cost" and a "forward or prospects value", considering the worth of the installment dependent on the chance to development and loan fees.

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➡️ Types

There are two significant kinds of spot markets: coordinated market trades and over-the-counter (OTC) markets.

🔶️ Over-the-counter (OTC) is a commercial center where venders and purchasers meet to exchange through a common respective understanding without an outsider boss to control the exchange. Resources exchanged on the OTC market can contrast as far as cost or amount from the norms of customary exchanges. OTC trades are for the most part private and costs might be not revealed.

🔶️ Market exchange is a coordinated commercial center where dealers and purchasers bid and exchange accessible monetary resources. Exchanging can be led on an exchanging floor or on an electronic exchanging stage. Electronic exchanging worked with the exchanging system as costs are set immediately and an immense number of exchanges are made simultaneously.

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🛑 ||Order Book||

The term request book alludes to an electronic rundown of purchase and sell orders for a particular security or monetary instrument coordinated by value level. A Order book records the quantity of offers being offered on or presented at each value point, or market profundity. It likewise recognizes the market members behind the purchase and sell orders, however some decide to stay unknown. These rundowns help brokers and furthermore further develop market straightforwardness since they give significant exchanging data.

  • A order book is an electronic rundown of purchase and sell orders for a security or other instrument coordinated by value level.

  • Order books are utilized by pretty much every trade for different resources like stocks, bonds, monetary forms, and even digital currencies.

  • These rundowns assist with further developing business sector straightforwardness as they give data on value, accessibility, profundity of exchange, and who starts exchanges.

  • There are three sections to a request book: purchase orders, sell requests, and request history.

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||Difference between Market Order and a limit Order||

  • ➡️ 1 Difference
    Both the market and limit orders plan to execute an exchange in the business sectors, with contrasts in their construction of execution. While limit request has the usefulness of putting down a boundary over value, it could be utilized as a market request by entering the current market cost.

  • ➡️2 Difference
    Limitless dangers are implied with market orders, as the broker necessities to exchange at the current market levels. The danger gets upgraded when the exchange gets lined up, and the exchange gets executed at the best accessible value, which might be away from the necessary cost.

  • ➡️ 3 Difference
    The danger gets diminished after exchanging with a cutoff request, as a breaking point can be set beneath (or above), which the exchange doesn't get executed.

  • ➡️ 4 Difference
    Subsequently, the two kinds of orders have their own benefits and negative marks connected. It required an inside and out comprehension to choose which one turns out better for a specific exchange.

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Source

||Comparison||

🔴 Market Order🟠 Limit Order
Continuous orders – get executed at that occasion of market tradeRequires the market to arrive at a specific level put forth as a line by the agent.
Executed as and when the request is set (as and how the line of requests get cleared). There is no prerequisite of a specific market level according to the orderIt will be executed just if the market arrives at a specific level set by the agent
The merchant requires logical abilities to comprehend the ideal time for exchange execution, as the exchange will quickly get executed with no time leverageA broker can bear to utilize preliminaries and blunders to comprehend the necessary exchange level since the market level might possibly arrive at the necessary level in a split second.
No influence over the exchange with respect to required market levelsLimit orders give power over the merchant's exchange execution.
There is no limitation for exchange execution. Exchange gets executed as and how it gets gone into the systemA limitation of the cost is set, which could conceivably allow the exchange to get executed because of accessibility on the lookout.
When the necessary ticker begins to get exchanged, if the exchange is gone into the framework, it ought to get executed, regardless the value isThere is a possibility labeled with the request. Absence of guarantee if the request set will get executed or not.

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⭕ ||QUESTION NO 4||

Sell any Cryptocurrency through P2P Trading (screenshot required)

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In this question i will tell you what is p2p trading in binance and how to sell your assests in binance through p2p trading

STEPS

  • ➡️ OPEN BINANCE APP AND GO TO WALLET YOU SEE A SELL OPTION CLICK ON IT AS SHOW IN PIC

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  • ➡️ ADD A PAYMENT MATHOD I HAVE EASY PAISA ACCOUNT SO I ADD EASYPAISA PAYMENT METHOD

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  • ➡️ NEXT YOU SAW MANY BUYER CLICK ON THE BUYER WHO MEET TO YOUR REQUIREMENTS

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➡️ Because i have easypaisa account and i sold only 1 usdt so i select this buyer because he meet my requirements

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  • ➡️ ENTER THE AMOUNT OF CRYPTO YOU WANT TO SELL AND CLICK THE OPTION SELL

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  • ➡️ CONTACT TO THE BUYER AND CHAT WITH HIM

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  • ➡️ AFTER RECEIVING THE MONEY FROM BUYER CLICK ON "1 CONFIRM PAYMENT OPTION" AND PREES "CONFIRM"

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  • ➡️ THAT WAY YOU CAN SELL YOUR CRYPTO ASSET ON BINANCE THROUGH P2P TRADING 🤗

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SO THIS IS P2P TRADING ON BINANCE

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⭕ CONCLUSION

I learned a lot from today's lecture and I got to learn a lot.As a begginer, I saw that I had learned everything about a Coinmarketcap website. CoinMarketcap is a very good website and we can find all the information about the coin on it and we can know whether to invest in the coin or not.I didn't know much about the Coinmarketcap before this lecture. Then I did a lot of research on the net and I got to learn a lot.Also in this lecture what is spot trading and how we can do spot treading.Also from this lecture I learned how we can transfer the steem from our wallet to the binance account. I also learned from this lecture how we can sell and buy our coins from someone and how we can do p2p trading through binance. This lecture proved to be very good for me and I got to learn a lot more. I thank Steem Pakistan team for organizing this wonderful event.

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Submitted To:-
@aizazghumman

Submitted by:-
@malikusman1

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Achievement 1 link

https://steemit.com/hive-172186/@malikusman1/achievement-1-by-introduction-malikusman1

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Hello @malikusman1,

Thank You for participating in Steemit Pakistan Crypto Courses!

First of all, I want to tell You that Im having some health issues and still on the bed due to food poisoning and some allergic issues. So, I'm sorry if you think I'm late im checking homework task.

For Your Homework, You have understood the lecture and produced a good quality Homework with proper usage of Markdown styles.
So, it was Overall a good Attempt and You have got 10/10 marks.

Rating 10

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