Bybit announces the addition of a new option enabling enthusiasts to buy cryptocurrencies on the P2P platform for Armenian drams

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According to many news reports, cryptocurrencies are experiencing now a “troubled” time and might not survive in this massive bear market

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In less than a decade, cryptoexchanges have forged a path forward that usually takes conventional exchanges decades if not longer. Today, Bybit and other platforms provide their customers with broad access to investments and other tools for making money from cryptoassets having become real competitors to conventional exchanges, especially considering that access to the latter is very difficult for ordinary citizens

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Very often people look at cryptocurrency markets and crypto-exchanges as an affordable counterpart to traditional stock exchanges, where shares of companies are listed

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Athletic competitions have been held for thousands of years in all parts of the world; in recent years the cyber sports have become popular. But there is a new type of competition that has appeared on the horizon – crypto-trading. The development of crypto exchanges goes hand in hand with the growth in the number of traders, so it is natural that at some point there is a desire to compete with other market participants

Categories: 121, 61295, ByBit Platform, General news, News, News of the hour | Comments Off on WSOT 2022: Bybit gathers traders for global crypto contest

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Bitcoin was the first, and has set the initial rules of the game: if you want to obtain cryptocurrency without buying it from an exchange, you have to mine it. Mining is the production of cryptocurrency by connecting computer’s processing power to the network

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The end of 2020 saw the crypto markets boom and mature, with different sectors flourishing as Bitcoin,  the world’s first and most-popular cryptocurrency, was reaching new all-time highs and altcoins (all cryptocurrencies other than Bitcoin) were growing at a rapid pace

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Cryptocurrency can be bought not only directly on the exchange.  BYBIT offers other alternative ways to get the coveted tokens. Moreover, in some cases, buying cryptocurrency through an alternative way, for example, through the Peer-to-peer trading on the BYBIT P2P platform may appear to be more profitable than buying through the exchange

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Everything that is new and unusual tends to stress people out. It’s enough to remember how many lances were broken before people started using plastic cards en masse, and how many disputes there were about the safety of contactless payments through a smartphone. When people encounter something for the first time this kind of reaction is quite natural

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A small café near the university. In front of me is one of the tastiest sandwiches one can get in the neighborhood. I’m totally into it as my friend is enthusiastically telling me about something that’s already worth $100. I am not really listening to him, because his story somehow reminds me of a commonplace fraud. I remember only the name – Bitcoin

Categories: 121, 61295, ByBit Platform, General news, News, News of the hour | Comments Off on Bitcoin, Etherium, NFT - how these and other complex words have created a new economic reality: the Bybit case.

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