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Common questions about crypto

Crypto charts are very important tools for Crypto traders because they allow them to get real-time data about the performance of different currencies over time. Apart from that, these charts can help Crypto traders learn different patterns in trading. You can benefit from the data of these charts if you are capable of understanding the data these charts provide. There are a lot of websites and applications that offer Crypto charts for their visitors. These include popular applications such as Coin Market Cap, Tradingview, Crypto Watch, Investing.com, Coinbase, and many other platforms.

If you are using a laptop or computer, you can open any of these websites to look at the Crypto charts. But if you are not using a laptop or desktop, you can use the applications. There are multiple applications available on different mobile platforms, for example, you can find Coinbase on both android and iOS versions. Also, if you are a Mac OS user, you can use the websites to check the Crypto charts or download these applications that will let you view the Crypto charts that are available.

If you are using a laptop or computer, you can open any of these websites to look at the Crypto charts. But if you are not using a laptop or desktop, you can use the applications. There are multiple applications available on different mobile platforms, for example, you can find Coinbase on both android and iOS versions. Also, if you are a Mac OS user, you can use the websites to check the Crypto charts or download these applications that will let you view the Crypto charts that are available.

Yes, there are some transaction fees involved when you make a transaction using your Crypto accounts. This Crypto fee depends on the time of your transaction and the amount of data being transferred. Blockchain networks like bitcoin have a transaction limit, meaning that they can only send a limited amount of data at a time, and because of that when there is a higher load on the network, the Crypto fees can increase meanwhile when there is low traffic on the network the Crypto fees drop.

 

According to reports, in 2021, the lowest transaction fee for bitcoin was about $1.68 and the highest transaction fee was about $62. Similarly, the transaction rates of Etherium were about $2 in the low category and about $70 in the high category. Some Crypto fees are charged by the service provider that you are using for Crypto trading, and storing your assets. There are some feeless Cryptos such as IOTA, that do not charge any fees for transactions but these are not common and are not traded as often as the others such as BTC and ETH.

When it comes to keeping your Crypto assets safe, there are multiple options. There are online wallets that you can use to keep your Cryptocurrencies. Some of the trading companies also provide Crypto wallets. But you cannot always trust those because there is always a chance that the servers of that company might get compromised and it could pose a significant risk to your assets. To avoid such situations, Crypto experts advise that you use an external Crypto wallet to store your crypto assets.

These are more secure wallets that you can use for storing your Cryptocurrency and you can trade it using these wallets with ease. All you need to do is to create an external wallet account, connect it with your trading app, and transfer your Crypto to that external wallet. You can also send and receive Cryptocurrencies directly to your external Crypto wallet. This can help you make trading even easier for you. That is how you can transfer your Cryptocurrency assets from your trading account, or app to your external and personal wallets. Some people also use a physical wallet, but it is also okay if you are using a digital wallet or a cloud service as a wallet.

The real-time price or value of a Cryptocurrency is the actual price at which it is being traded at that time. You can go to the settings of your Crypto trading app and click on the real-time price to see the price of Crypto at that time. It would help you make a better decision about holding or selling Cryptocurrency during a trading session. There are a few other aspects that you need to look at along with the real-time price.

These include the Price Change in 24 Hours24 hours Low / 24 hours High valuesDifferenceTrading Volume in 24 Hours, and Volume / Market Cap. All of these are important aspects that help you evaluate the signals and check out the trends in the trading market.

Most websites and Applications automatically display the real-time value of a Cryptocurrency, but if your app is not showing, you can always change it through the settings.

No, for Cryptocurrencies there is no maximum deposit limit. But if you are buying Cryptocurrency using a Fiat Currency, there might be some regulations that can prevent you from making a larger transaction. For example, the coin base has a limit for a daily deposit. Also, this limit applies to the withdrawal of Fiat currencies as well. The reason behind this is that the Fiat currencies in the world are controlled by banking laws and government regulations that require every transaction to be checked before it is handled.

That is why many Cryptocurrency exchanges limit the number of deposits and withdrawals using fiat currencies. But if you are using Cryptocurrency, there will be no limitation for you. You can use your Crypto to buy other Cryptos or make payments in Crypto of any amount. This is possible because these Crypto transactions are decentralized and they are not controlled by the banks or governments. For that reason, a lot of Crypto traders advise the new users to use BTC and ETH to backup their Crypto stock and avoid depositing and withdrawing fiat currencies.

Technically, there is no limit and you should be able to buy the Cryptocurrency of any smallest amount using a Fiat currency. But, yes some deposit limits are imposed by the different trading companies and platforms. For example, you will have to make your first buy/deposit transaction for buying Crypto that is larger than 2$. Every Crypto exchange has its own rules about depositing the money for Crypto trading. Some platforms and exchanges require using at least 10$ to buy your first lot of Cryptocurrencies.

On popular trading platforms such as the COINBASE the minimum deposit limit for buying and selling Bitcoin and Other Cryptocurrencies is 2$. This amount can vary depending on your region. Apart from this, the minimum deposit limit for Cryptos is 0.0001 BTC, 0.0006 BCH1, 1 ADA, 30 CTSI. Every Cryptocurrency has its limit for minimum deposit in Crypto wallets and trading. You should check different platforms, and exchanges to know about the exact minimum deposit limit in Fiat and Cryptocurrencies.