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Showing posts from August, 2021

What is Forex Broker? How to choose a reputable Forex Broker

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 If you are new to Forex , you must have heard of the term Broker, or Broker. Not only the Forex market, there are brokers on the stock or virtual currency side . Obviously, to be able to participate in trading in the Forex market, you need to go through a Forex Broker. So what is a Forex Broker, or who are they? A person, or an exchange, a company? In this article, let's learn about them. What is Forex Broker? Before there was a Forex Broker , people who wanted to trade in foreign currencies needed to have a large amount of money and a special relationship with a bank to buy foreign currency. Forex Broker will give you a way to connect to the banking network and buy a currency pair easily. Since Forex Brokers are brokers in the Forex market, they act on behalf of clients, acting as intermediaries between sellers and buyers. What is forex broker ? Where does the profit of Forex Broker come from? Forex Brokers make money by taking “commissions” when you make trades. For each trade, ...

Substack now accepts Bitcoin payments

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In a recent announcement, payment processing platform OpenNode said it has partnered with Substack to help writers and publications get paid in Bitcoin. *Substack is an online platform that provides publishing, billing, analytics, and design infrastructure to support subscription newsletters.  It allows writers to send digital newsletters directly to subscribers* Integration with the OpenNode payment processor will allow Substack to accept Bitcoin payments on-chain and use the Lightning Network. Substack is an online platform  However, according to OpenNode and Substack, the integration will only be available to “a select group of crypto-focused publications on the platform.” Substack allows writers to submit their work directly to readers, currently the platform has over 500,000 paid subscribers.  Substack readers will now be able to subscribe and pay fees in Bitcoin , and some special publications will also be paid for in crypto. Bitcoin Substack product designer Nick I...

BOE – What is the central bank of the UK and how does it affect the Forex market

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The BOE is the central bank of the United Kingdom. The BOE's mission is to promote and maintain monetary and financial stability. It is important for forex traders to stay up to date with the latest changes in the Bank of England's monetary policy as it can have a major impact on the British Pound (GBP) and currency pairs. related, such as Euro. Let's review the floor to learn more about the Central Bank of the United Kingdom and its influence on the Forex market in the following article. What is the Bank of England (BOE)? The Bank of England , or BOE, founded in 1694, is a banker and is owned by the British government but is independent when it comes to setting monetary policy. The BOE's role includes setting monetary policy - including targeting interest rates and using other tools to stimulate or contract the UK's paper money economy - overseeing a number of systems. banking payment system and ensure the stability and safety of the financial system. For investors...