mia_rose_painter
Fri Jun 07 2024
|
6 answers
1816
Is Bitcoin halal in UAE?｜The Fatwa committees in the UAE and Saudi Arabia have ruled that , as long as the coins are free from interests and impure activities like gambling.cryptocurrency trading is generally halal
Could you please clarify, is Bitcoin considered halal in the United Arab Emirates? I've read that the Fatwa committees in the UAE and Saudi Arabia have determined that cryptocurrency trading is generally halal, but only if the coins are free from interests and impure activities like gambling. However, I'm still unsure about the specific status of Bitcoin in this context. Could you provide further insight into this matter? Thank you for your assistance.
KimchiChic
Fri Jun 07 2024
|
5 answers
1198
What is 100x leverage in BTC?
Could you kindly explain what exactly is meant by "100x leverage in BTC"? I'm curious to understand how this concept works within the realm of cryptocurrency trading. Would it mean that for every unit of BTC I invest, I potentially have the ability to trade with the equivalent value multiplied by 100? Or is there a more nuanced interpretation to it? Additionally, could you also elaborate on the risks associated with using such high leverage in BTC trading? Thank you for your clarification.
SumoPowerful
Fri Jun 07 2024
|
7 answers
1692
Is crypto licensed in UAE?｜Types of cryptocurrency licenses available in Dubai DMCC (Dubai Multi Commodities Center) offers a free economic zone for cryptocurrency businesses in the UAE. .Two types of licenses are available: Cryptocurrency Trading and Distributed Registry License
Is cryptocurrency licensing required in the United Arab Emirates? If so, could you elaborate on the types of licenses available? I've heard that Dubai Multi Commodities Center (DMCC) offers a unique economic zone for crypto businesses. Are there specific categories of licenses like Cryptocurrency Trading and Distributed Registry License? Could you provide more details on these licenses?
Raffaele
Thu Jun 06 2024
|
6 answers
923
How to make 10$ daily on Binance?
I'm curious about how one can consistently earn 10 dollars daily on Binance. Could you please elaborate on the strategies or methods involved? Are there specific cryptocurrencies or trading pairs that are more profitable for achieving this goal? Also, would it require significant investment initially, or can one start small and gradually grow their earnings? Moreover, are there any risks involved, and how can they be mitigated? I'm interested in understanding both the practicalities and the potential challenges of achieving this daily income target on Binance.
Carlo
Thu Jun 06 2024
|
7 answers
1616
What is 20x leverage Binance?
Could you please explain what exactly is meant by "20x leverage on Binance"? I'm curious to understand how this leverage works and how it can potentially impact my trading activities on the platform. Could you also elaborate on the risks associated with using such high leverage and any potential benefits it might offer? Additionally, I'm interested in knowing if there are any specific trading strategies that are commonly employed when utilizing 20x leverage on Binance. Thank you for your assistance in clarifying this concept.
