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Navigating USDT Trading in Nigeria
In a world where digital currencies redefine financial boundaries, stablecoins like USDT (Tether) are becoming essential, especially in Nigeria. With the local currency often fluctuating, Nigerians are increasingly turning to USDT to save, trade, and transact. This popular stablecoin, pegged to the US dollar, offers a reliable way to maintain value, providing a smoother and…
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Trust and Regulation in Forex Brokering
Trust and reputation are critical factors when evaluating Forex brokers. Ensuring your broker can be relied upon is paramount, and only a few reliable methods exist for establishing this trust. Verifying which regulatory bodies have licensed a broker is the most dependable way to determine trustworthiness. Although various regulatory agencies exist globally, their powers and…
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Forex For Beginners – Day Trading
Forex day trading can be an exciting way to dive into the financial markets. It’s a strategy that focuses on short-term gains from currency price fluctuations. Even though it sounds simple, successful forex day trading requires knowledge, discipline, and a well-thought-out strategy. What is Forex Day Trading? Forex day trading is all about buying and…
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Introduction to Forex Scalping for Beginners
Scalping in Forex is a popular strategy among traders aiming for quick profits. This introduction will walk you through the key aspects of Forex scalping to get you started. Scalping in Forex involves executing multiple trades within a short period, aiming to profit from small price changes. Unlike long-term trading strategies that aim for substantial…
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How To Verify a Brokers Regulation
Verifying a broker’s regulation status is crucial for safe trading. Here’s how you can quickly and effectively check if your broker is regulated by major financial authorities. Checking a broker’s regulatory status can save you a lot of money and heartache. It only takes a couple of minutes with the major regulators. The Zambian Financial…
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Free Deriv Branded T-Shirts
I am Keith Rainz, a forex trader and an official Deriv partner and payment agent based in Zambia. In the past, Deriv-branded T-shirts were exclusively reserved for the top partners in Zambia. However, after advocating on behalf of our dedicated community, I am pleased to inform you that these Deriv-branded T-shirts are now available to…
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Top Crypto Use Cases in Africa
The African continent is witnessing a remarkable surge in cryptocurrency adoption, with countries like Nigeria, South Africa, Morocco, Ghana, and Kenya leading the charge. According to the Chainalysis Global Crypto Adoption Index 2023, Nigeria ranks second worldwide in crypto adoption. This trend is not just about interest, but a response to various economic and social…
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Bitcoin Pizza Day A Slice of Crypto History
On May 22, 2010, a significant event in the history of cryptocurrency took place when Laszlo Hanyecz, a programmer and early Bitcoin enthusiast, bought two pizzas for 10,000 BTC. At that time, 1 Bitcoin was worth just $0.0041, making the total cost of the pizzas about $41. This transaction, however, would go down in history…
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Digital Assets and The African Creator Economy
Africa is a unique continent full of life and remarkably talented individuals, whose creative spirit has the potential to take on the world. However, despite its diversity in cultures and people, a significant challenge remains–thousands living below the poverty line. According to research by UN Trade and Development (UNCTAD), as of 2021, 490 million people…