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Should cryptocurrency be regulated?

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Should cryptocurrency be regulated?

Currently, cryptocurrencies are regulated in the US by several institutions: CFTC , SEC, IRS, making it difficult to create overarching regulatory guidelines. In short, yes– Bitcoin can be regulated. In fact, its regulation has already started with the fiat onramps and adherence to strict KYC & AML laws.

How to trade cryptocurrencies?

Make a cryptocurrency brokerage account. Unless you already own cryptocurrency,you’ll need to make an account with a crypto brokerage.

  • Fund your account. Once you’ve signed up with a crypto brokerage,you’ll need to connect your bank account.
  • Pick a crypto to invest in. Most active cryptocurrency traders allocate most of their capital to Bitcoin and Ethereum.
  • Choose a strategy. There are a plethora of trading indicators to choose from,and most traders take multiple factors into consideration when buying and selling cryptocurrency.
  • Store your cryptocurrency. If you’re actively trading your cryptocurrency,you’ll have to store your funds on the exchange to have access to them.
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    What to know about cryptocurrency?

    Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization,transparency,and immutability.

  • The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain makes cryptocurrencies theoretically immune to the old
  • Cryptocurrencies can be sent directly between two parties via the use of private and public keys.

    • What is the future of crypto?

    The Future of the Blockchain is the Crypto Singularity. The Establishment is Embracing Bitcoin in order to Manipulate It. With the crypto singularity of November, 2017 we are seeing the start of a power play over Bitcoin, cryptocurrencies, and the future of the blockchain.