Rabi Manna 
No, using a cryptocurrency exchange to avoid paying taxes is not a viable option and is illegal. Tax authorities around the world are becoming more aware of the use of cryptocurrencies and are taking steps to regulate the industry. In many countries, cryptocurrency is considered a taxable asset, and individuals and businesses are required to … Read more
If the cryptocurrency exchange you are using goes bankrupt or out of business, it can have serious consequences for your investments. Here are 10 things you need to know about what happens in such a scenario: Assets may be frozen: When an exchange goes bankrupt, it is common for the assets of its users to … Read more
Keeping your cryptocurrencies and exchange account secure is crucial in order to protect your assets and ensure that your investment remains safe. Here are some tips for ensuring the security of your cryptocurrencies and exchange account: Use strong and unique passwords: A strong password should contain a mix of upper and lowercase letters, numbers, and … Read more
An Initial Coin Offering (ICO) is a type of fundraising event used by blockchain-based startups and companies to raise capital. In an ICO, a new cryptocurrency or token is created and sold to investors in exchange for either fiat currency or an established cryptocurrency, such as Bitcoin or Ethereum. The funds raised through the ICO … Read more
Storing cryptocurrencies on an exchange for a long period of time is not typically recommended, as there are several potential risks involved. While cryptocurrency exchanges offer a convenient way to buy, sell, and trade cryptocurrencies, they are not necessarily the safest place to store your assets for the long-term. One of the main risks is … Read more
Determining if a cryptocurrency exchange is trustworthy and legitimate can be a complex task, as there are many factors to consider. Here are a few key things to look for when evaluating an exchange: Regulation: The first step in evaluating an exchange’s legitimacy is to determine whether it is regulated by a governmental authority. Exchanges … Read more
A cryptocurrency trading bot is a computer program that automates the process of buying and selling cryptocurrencies on an exchange. The bot is designed to execute trades based on a set of pre-defined rules and algorithms, which can be based on technical analysis, market sentiment, and other factors. The aim of a cryptocurrency trading bot … Read more
No, it is not possible to trade cryptocurrencies completely anonymously on an exchange. Most exchanges require users to provide personal information, such as their name, address, and government-issued identification, as part of their verification process. This information is used to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, as well as to prevent fraud … Read more
Yes, it is possible to use a credit or debit card to purchase cryptocurrencies on some exchanges. However, not all exchanges support this payment method, and the availability of this option can vary depending on the exchange and your country of residence. If you wish to purchase cryptocurrencies with a credit or debit card, it … Read more
The security of your personal information and funds on a cryptocurrency exchange can vary widely depending on the exchange you are using. In general, it is important to do your research and choose a reputable and secure exchange. Some factors to consider when evaluating the security of an exchange include: Regulatory compliance: Exchanges that are … Read more