PayPal is one of the biggest (or maybe the biggest) payment processor in the world, it allows you to safely send payments to untrust people around the globe. Paypal is not a cheap carrier, it bills approximately a 0.30 USD + 3% fee; however, it is fullish to think you shouldn't accept payment through it. I do not know anyone who does not have a Paypal account. PayPal has developed a trust level where you can put your credit card number rather than setting it up on an unknown e-commerce website.
I am writing about PayPal as I am planning a service that will eventually send payments to people in the world. As a business strategy, PayPal is offered as a payment option. So, I will share with you my findings regarding what countries does PayPal serves and how it serves them.
Choosing the right pairs for trading is always one of the biggest questions when you are filling confident trading with your first pair (usually BTC/USDT). In a past post, I wrote a magic formula I was thinking to allow you selecting the right pairs.
I should remind you about the big risk of trading with every pair the exchange you selected works with: you may end with a lot of dust. Dust, is the term traders use to refer for untradable quantities. For example, recently Poloniex has put a rule that you can not trade less than 1 USDT; if you are having some balance in BCH but it worths less than 1 USDT, you won't be able to trade in the USDT_BCH pair. Therefore, you have dust.
As I have been coding the next release of Trademinator, I have convinced myself that genetic algorithms and artificial intelligence are the most useful tools for the trading task. In this article, I will write about how I am using the neuronal networks to decide what pair to trade with.
Some of you may know that lately, I have been doing some stuff with crypto-currencies and blockchains. One of those things is the trading between many crypto-currencies and the US dollar of course. As you will see, using the trades websites is a business for everyone. Business for us as traders but a business for the exchange with their fees. The first problem you will face, regardless your skills for trading is to know the Breaking Even Price.
The Breaking Even Price is the minimum or maximum price you need to sell or buy in order to have a zero profit when doing trading. This value will help you to prevent looses as trading is playing with money. Knowing this value is as easy as the division of the market currency by the quote currency after subtracting the fee. The fee may apply to the quote currency if you are buying or to the market currency if you are selling. Look the following examples:
Enjoy and happy trading!