Cryptocurrency traders sell their holdings ahead of the Bitfinex stress test - What could this mean

in #trader2 years ago

Holdalls to exchanges is generally a bearish signal. utmost high networth cryptocurrency dealers hold their finances on a tackle portmanteau, which is an offline device that allows the proprietor to store their digital currency and make deals without having to connect to the internet.

A tackle portmanteau is considered more secure than other types of holdalls because it stores all the private keys for the stoner’s accounts in one place, so indeed if someone gets access to the device or its data, they ca n’t steal any of your finances.

Cryptocurrency exchanges that allow druggies to trade cryptocurrencies directly with other druggies are known as peer- to- peer( P2P) exchanges. These platforms allow druggies to directly shoot cryptocurrency from one portmanteau address to another, rather than taking them to go through a third party like an exchange does.

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