Did you know that you can potentially profit from the comfort of your home or any location in the world, with just a few clicks?
There are upcoming events that are very attractive for traders around the world. And this July, we are giving away a 20% welcome BONUS to new clients, so that everyone has a chance for a good start.
Below you can read about the latest news and the most popular financial instruments that our clients choose every day.
Cryptocurrencies
Speaking of cryptocurrencies, it's clear that they have a lot of momentum and are becoming more and more popular in the last couple of years. These digital coins are constantly being developed and innovated in order to increase their use and modernization. For example, Ethereum has announced that it will officially transition from proof-of-work to proof-of-stake on September 19, 2022.
Proof-of-work uses an energy-intensive mining method where miners compete against each other to solve mathematical problems and create a new block in this network. When a block is complete, a new Ethereum coin is created.
Proof-of-stake, on the other hand, is a secure, decentralized network that uses a slightly different mining process. Instead of miners competing to create new blocks, validators are randomly selected by an algorithm to solve mathematical problems and use their own coins during the process.
Why does this change matter to marketers?
The new proof-of-stake model is expected to be able to process up to 100.000 transactions per second. And cheaper fees and increased transaction speed make the new Ethereum model better and more attractive for traders.
The company Limit Prime allows you to trade CFDs in numerous cryptocurrencies, of which the most popular are Bitcoin i Ethereum, but and Ripple, Litecoin, Stellar, Cardano, Dogecoin and others.
Discounts
Now is the season of quarterly reports ie. the period when publicly traded companies publish their latest financial results for the previous quarter in the form of reports.
Quarterly reports make it possible to: compare company results, help companies define and track goals, and attract new investors.
Why are reports important to marketers?
These reports are a public company's way of telling all about its operations, and share prices tend to rise when results meet market expectations, while disappointing results drive share prices down.
During this period, we expect quarterly reports from the following companies: Alphabet, Meta, Tesla, Pfizer, Coca Cola and many others.
Naphtha
The increase in oil stocks will be decided at the OPEC+ meeting on August 3, 2022.
At the previous meeting held on June 30, 2022, 24 oil-producing countries made a unanimous decision to keep in force the previously adopted agreements on increasing daily oil production, which amounts to 648.000 barrels.
In August, oil production is expected to return to the same level as before the pandemic.
The price of crude oil rose by 2.5% on the news of the production increase.
It is possible that the price of crude oil will continue its downward trend, and what the outcome of the OPEC+ meeting will be and what changes will happen on the market remains to be seen.
How to get a welcome BONUS?
Limit Prime allows you to trade CFDs in numerous financial instruments, such as: cryptocurrencies, gold, shares, oil and many others.
If you want to start trading, you can do it now - by opening an account for trading and thereby achieve 20% welcome BONUS, on the first deposit. Limit Prime offers the use of leverage, thanks to which you can open much larger positions with a smaller amount of money.
Example: A leverage of 10:1 means that when you trade with 100 USD, that position turns into 1000 USD. 100x10 = $1000.
The bonus is given to all new clients who deposit funds for trading by July 31.07.2022, 2022 and is valid until the end of XNUMX. You can find the bonus terms HERE.
For more information, you can call the number +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
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