Alfred Yu

When you trade in the Coinut spot market, you can buy or sell Cryptocurrency pairs like XSGD/USDT. You do this by placing an order in our trading page. An order tells the market that you want to buy or sell a certain amount of an asset at a certain price.

Crypto is booming in Southeast Asia, but what are the reasons for this phenomenon, and how long will it continue?

Thanks to the Ordinals and meme coins craze, Bitcoin and Ethereum are feeling the heat of high gas fees. Ordinals are a new way of making and moving tokens on Bitcoin using the BRC-20 standard, and with Bitcoin having a smaller block size than Ethereum, it gets clogged and pricey faster.

Investors must exercise caution and thoroughly research the token and its potential risks before buying in or risk becoming exit liquidity for someone else. Or, in the case of meme coins, recognize that they are essentially gambling and manage the risks taken and expectations.

Giving on the blockchain has the potential to usher in a new era of transparency and accountability in charitable giving. By leveraging this technology, we can ensure that our donations are being used effectively and efficiently to make a real difference in the world.

Despite China’s stance against cryptocurrencies, it seems to be backing Hong Kong’s ambition to become a hub for digital assets.

The Federal Reserve predicts a “mild recession” due to bank collapses. This led to fewer interest-rate increases. Reducing interest rates can stimulate economic growth. As investors, it’s prudent to diversify portfolios to manage risks and maximize returns.

Exchanges have a responsibility to comply with laws and regulations, but where laws and regulations are still ambiguous, exchanges should champion the best practices.

Layer 2 technology has several benefits for the cryptocurrency industry. First, it improves the user experience and accessibility of dApps and DEXs, as users can interact with them more quickly and cheaply. This