Cryptocurrencies are gaining momentum and are unlikely to stop anytime soon.
They represent an exciting, new investment instrument whose volatility can be a great opportunity to make a profit. We are witnessing frequent and sudden changes in the financial markets that can be an incentive for anyone who wants to achieve more significant results in trading.
The freshest news when it comes to cryptocurrencies comes to us from Russia.
Russia - from ban to acceptance of cryptocurrencies
The government and the central bank of Russia have reached an agreement on how to regulate cryptocurrencies.
Namely, they will define cryptocurrencies as regular currencies and not as digital financial assets. Cryptocurrencies will only function in the legal industry with full identification through the banking system or licensed intermediaries.
Allegedly, cryptocurrency transactions of more than 600.000 rubles ($8.000) would have to be reported; otherwise they could be considered a criminal offence.
The news comes just weeks after the Bank of Russia pushed for a blanket ban on cryptocurrencies in a report published in January, arguing that the speculative nature of the industry poses a significant threat to citizens' financial stability.
A complete reversal of Russia's attitude towards cryptocurrencies will have a significant impact on their prices, this speaks in favor of the large oscillations we talked about earlier.
This trait can be an advantage that you can turn to your advantage.
Maybe it's time to consider CFD trading.
CFD trading gives you the opportunity to make a profit regardless of the direction of the product price. If you firmly believe that the price will rise, then you buy that product to sell it at a higher price. If you think the price of the product will fall, then you sell the product and make money if the fall happens.
The company Limit Prime allows you to trade CFDs with numerous financial instruments, such as: stocks, cryptocurrencies, gold, oil and many others.
Start trading today and get 20% additional trading bonus.
Why should you get started today?
For all traders who have thought about starting to invest but never did, today is your best chance because Limit Prime is giving away 20% of the deposit as a trading bonus.
You can start trading with a minimum of 100 EUR, with the expert support of the Limit Prime team, in order to learn basic investment techniques and always be informed about the most important world events.
If you want to start trading, you can do it now - by opening an account for trading and thereby achieve 20% additional trading bonus on first deposit.
All new clients who deposit money from 14.02.2022/XNUMX/XNUMX receive the bonus and it is valid until the end of the year. Bonus conditions are published on the website of the company Limit Prime.
The offer is valid until February 28.02.2022, XNUMX.
The company Limit Prime is regulated by the Commission for the Capital Market of Montenegro and through its platform offers you direct access to world stock markets and trading in the most attractive financial instruments.
For more information, you can call +382 67 242 242 and one of the Limit Prime employees will meet you.
E-mail address: info@limitprime.com
Website: http://www.limitprime.com/me
Phone number: +382 67 242 242
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