Forex Fees Etoro | SJ Trades 2022

that cryptocurrencies are dealing with Forex Fees Etoro…and and the effects as the systemic absence of clarity is having on the industry so to begin with there are no liquidity problems you get some you lose some uh for example bitstamp just revealed that they’re listing ada and it’s a much bigger exchange by volume than is for cryptocurrencies particularly in these

trading pairs so some enter some leave however in general right now there is no worldwide regulative requirement on how to deal with cryptocurrencies for instance the most stringent and rigorous regulatory structure for cryptocurrencies at the moment most detailed is probably in the country of japan which’s controlled by an entity called the fsa and there you have to go through an exhaustive process and the structure working with the fsa i went through i think 3 various applications and over a half million pages of due diligence over a multi-year process to get ada whitelisted in japan and now it’s trading there and increasingly more exchanges are taking it up and liquidity is improving that location coinbase was also an extremely difficult process from my

comprehending to go through and a great deal of oversight there and there are obviously active conversations with other u.s liquidity companies that stated it’s not really clear what is what for example in the united states there’s presently a suit versus xrp where the u.s government is asserting that xrp is a security in japan it’s being treated as a as a currency and it’s white noted and there’s a great deal of

commercial activity of xrp in japan sbi and others are big boosters in that environment so despite the fact that liquidity is extremely Forex Fees Etoro. limited in the u.s ripple is still in the top 10 has a great deal of trading so uh the best you can do in these things is navigate this on a case-by-case basis on an exchange-by-exchange basis [Music] i would hope that the foundation publishes a coherent file describing how they go about this process and what they do we work

with them on a technical basis so when there are technical concerns about cardano when there are things that need to be simulated the rosetta interfaces or the graphql interfaces or the deprecated rest apis we do that we certainly address a lot of concerns from exchanges and for certain large exchanges we actually uh permit them access to our internal developers slack so they can directly connect with developers when they have demands like utxo fragmentation issues or other such things on our side we had no sign of this from and it’s rather regrettable that

nothing was sent our way due to the fact that we a minimum of could have much better comprehended their reasons and will of course connect on our side to better comprehend reasons however it’s mostly the foundation’s obligation here it has no significant impact on the liquidity of ada there’s billions of dollars of turnaround every day or any other element it was a relatively small trading market but you know this is simply the nature of the game liquidity comes and goes some people like it some individuals do not due to the fact that they don’t get enough volume or customer interest and then obviously everybody has different regulative thresholds if you’re a european entity with principal european consumers you usually limit your u.s exposure