IBC Exchange Review – Learn and Trade Through This Exchange 0 76

IBC Exchange Review

In the current times, most of the online trading exchanges only offer you a single capability and that is to perform trades. There are hardly any online trading service providers that are aiming to offer you something more than just trades. IBC Exchange is an exchange that not only wants you to trade but also wants you to learn online trades in detail and maneuver them your own way. In my IBC Exchange review, I will let you know exactly how the exchange has been making it possible for you.

Educational Content for Your Awareness

IBC Exchange aims to make you more aware of the online trading markets with the help of the educational content it has readied for you. The educational content is the hard work and dedication of the expert traders, strategists, and analysts at IBC Exchange. They have shared their experiences, their learnings, and their maneuvers/strategies surrounding online trades in the form of educational content. You can learn from the content, apply it to your daily trades, and make your trades as profitable as possible.

Trading Assets at IBC Exchange are Many

If you were to start trading with IBC Exchange, you would realize that the exchange offers quite the list for trading instruments. As of now, these instruments include cryptocurrencies, indices, forex, commodities, and stocks. Each trading instrument is backed and supported by a team of experts ready to share insights, information, and their knowledge of any instrument you choose. They do not let you deviate from the path to success where profits are the final destination. They help you become empowered, guiding you in every decision you make, and they do not let you lose sight of our ultimate goal.

Trading Platform at IBC Exchange is Exclusive

The trading platform at IBC Exchange has been designed to meet your trading needs. Whether you are new or old, you would find it very easy to navigate and understand the placement of the features it has to offer. It comes equipped with all the major and minor details and features you would need to smoothen your trades. At present, some of the most convenient features include algo-trading, trading instructions, market analysis, trading signals, reporting tools, and so much more. Last but not least, you can access their trading platform from anywhere, and all you need is a web-browser.

Trading Accounts at IBC Exchange will Surprise

The trading and analytical experts at IBC Exchange have used their expertise and knowledge of the online trading markets to come up with five trading accounts. These accounts offer all the services and benefits you need as per you trading experience and knowledge to make your trades as effective as possible. You also gain access to the general services that IBC Exchange has to offer you. These services include leverage trades, loans, managed portfolios, event participations, market analysis reports, market news, and so much more.

Highly Competent Customer Support

You will be surprised to know that the customer support at IBC Exchange is 24/7 and it is available through three modalities. The first modality is landline support, the second one is email support, and the third (last) one is WhatsApp texting support. It is totally your choice which communication channel you choose but you would find no difference in the capabilities of the customer support representatives. They are highly professional, competent, and fully capable of dealing with your queries in the most effective manner.

Know-Your-Customer and Anti-Money Laundering Compliance

The regulatory compliance demonstrated by IBC Exchange is at the utmost level. The platform is fully capable of offering you a secure, risk-free, and an ethical trading environment. It makes it possible by making sure it adheres to the regulations and does not falter from them even for a moment. This is what has kept the platform going for such a long time.

Ending Thoughts

If you make up your mind about performing online trades and wish to test other trading platforms as well, then I recommend you keep one thing in mind. You have to make sure that you always go for a platform that is compliant and regulated. This ensures that the investments you make and returns you get are fully protected and won’t be lost due to uncalled for reasons.

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Last-gasp Negotiations by South Korean Crypto Exchanges Fail 0 91

The crypto sector in South Korean was left reeling after all, but four of the country’s trading platforms removed their fiat on/off ramp services and KRW pairings, or completely ceased operations. The platforms had been told to secure banking partnerships based on real-name authentications and also get information security management system (ISMS) certified by today in order to continue their operations. Having just ISMS certification would make the exchanges eligible for offering only crypto-to-crypto services and banking partnerships are required for KRW-related business. Consequently, only the four biggest exchanges in South Korea i.e. Coinone, Upbit, Korbit and Bithumb that had already established banking deals with their partners would be permitted to offer KRW-related services to their clients tomorrow.

However, this is not certain in the long run because regulators are still going over the applications of the four exchanges and it could take up to three months for them issue operating permits. Furthermore, banking contracts are only in effect for six months and if a partner pulls out after the six months, the relevant exchange would not be able to offer KRW services. People who were doing business with the other platforms now have to decide what they are going to do with their coins and money. 

This is around 2.2 million account holders who have around USD 2 billion worth of fiat and tokens. A small group of exchanges had attempted to enter into banking deals, with a few negotiations going down to the wire. Having 566,608 account holders, Gopax turned out to be the last one that threw in the towel. It posted on its website that the bank it was negotiating with said that concluding a deal would be difficult. Having 337,981 account holders, Huobi Korea had also made a similar attempt, but accepted defeat on the morning of 24th September. 

The other larger and non-big four platforms chose to open altcoin-to-bitcoin (BTC) markets for the convenience of their customers who are holding altcoins. Nonetheless, this fallout will probably widen because until today, there were a total of 63 exchanges operating in South Korea. There is some confusion regarding the number, as some claim there were 66. The big four platforms will certainly reap the benefits because they are likely to see an influx of customers who will no longer be able to use the other exchanges for KRW services. According to some media outlets, almost 30 of the exchanges have completely shut down, but the full extent of the damage will only become clear from next week onwards.

Appeals for more time and clemency made by the industry as well as politicians were rejected by the regulators. Instead, they told customers to file reports to the police and the Financial Supervisory Service if the exchanges don’t approve their withdrawal requests. All exchanges have also been informed that if they decide to cease operations, they have to give at least 30 days to their clients for making a withdrawal. This outcome is likely to create a near monopoly in the South Korean crypto market. 

Non-Fungible Token Marketplace for Customers Based in US Launched by FTX Exchange 0 53

Since the year 2020 turned into the year 2021, the non-fungible token (NFT) ecosystem has experienced a significant rise in demand and supply. This is the reason why most of the major cryptocurrency trading exchanges have now started adopting non-fungible tokens.

At present, the growth rate of the non-fungible token industry is parabolic and it is one of the most profitable spaces within the crypto-verse. The latest cryptocurrency exchange that has decided to adopt and explore non-fungible tokens is FTX.

FTX is currently ranked as one of the largest and top cryptocurrency exchanges in the entire cryptocurrency industry. It is making itself known globally by adding more and more jurisdictions and the recent addition is The Bahamas.

The exchange is determined that its users not only get to profit/benefit from cryptocurrencies but also from non-fungible tokens. Therefore, the exchange has announced that it is adopting non-fungible token technology and will be adding its innovation into the sector.

Following the announcement of adopting non-fungible token technology, the FTX exchange has revealed that it will soon be opening up a marketplace for non-fungible tokens. The exchange has clarified that for now, the NFT marketplace would only be accessible for users based in the United State.

Through the non-fungible token marketplace, the users based in the United States will be able to benefit a lot from their new service. The users will reportedly be abler to mint non-fungible tokens. They would also be able to buy the non-fungible tokens from the marketplace, as well as sell non-fungible tokens to earn profits.

One of the best features they will be able to offer their users is the ability to perform cross-chain trades for the non-fungible tokens. For now, the blockchains the users will be able to interact with include Solana and Ethereum blockchains.

FTX has announced that in the upcoming days, it will be launching the depositing and withdrawal facilities through the NFT marketplace. Once the depositing feature has been launched, the users will be able to deposit external non-fungible tokens into the FTX NFT marketplace.

In order to demonstrate its new market for the users, FTX has even released an image that is in the word-art style. There is no particular reason that the particular word-art serves, but only reads “Test”.

This is the first-ever NFT that will be sold through the FTX NFT marketplace. So far, the bid on the particular image has been set to $1,100.

According to the majority of the high-profile investors and the operatives from the cryptocurrency industry, NFT’s growth is just the beginning. The sector has caught the attention of the crypto-industry and mainstream sector alike. Therefore, the sector is only going to grow larger with time and make its name known throughout the world.

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