While Ms Streeter said: "Much of the demand has come from traders hoping to benefit from future price rises rather than using the coins or tokens as a means of exchange. He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed." Meanwhile, SafeMoon is similar to a pyramid selling scheme, said Mr Khalaf. It then claims to reward investors that hold onto their purchases by redistributing 5% of the cash gained from the penalty charge among those who already have the currency. SafeMoon charges sellers a fee worth 10% of the amount of the cryptocurrency they are flogging to buyers. SafeMoon claims it will reward people who buy and hold onto the cryptocurrency.įor those who sell the currency on will be slapped with a penalty. Like Bitcoin they use a complicated method called blockchain technology. They are very complex but essentially aim to disrupt the finance world to enable people to follow and lend in peer-to-peer networks, without needing a bank. SafeMoon technically isn't a cryptocurrency but a DeFi token, which stands for decentralised finance token. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, told The Sun: "There are now thousands of cryptocurrencies and tokens in circulation with the names becoming weirder by the day. La clasificacin actual de CoinMarketCap es 138, con una capitalizacin de mercado de 186,539,606 USD. Actualizamos nuestro precio de XCH a USD en tiempo real. Pillar coshi que esta tirado de precio, y la listan estos dias en nuego exchange y sale el staking. Chia precio de hoy es el 41.67 USD con un volumen de comercio de 24 horas de 8,335,699 USD. Ha salido hace un par de horas y ha aguantado bien los intentos de dip de lo primeros momentos. You should only invest if you understand it and can afford to lose the money, and keep in mind the value can go down as well as up in the blink of an eye.Ĭryptocurrencies are also highly volatile and a speculative investment, with limited track records and no underlying value. 2400 Sorry bro, hoy está todo en rojo, hasta los memes. Little is known about the cryptocurrencies and whether they're legit, meaning the risks to your investments are extremely high. Marketing materials: Firms may overstate the returns of products or understate the risks involved.īoth PooCoin and SafeMoon are new and launched last month on March 8.Charges and fees: Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products.Converting a cryptoasset back to cash depends on demand and supply existing in the market. There is no guarantee that cryptoassets can be converted back into cash. Product complexity: The complexity of some products and services relating to cryptoassets can make it hard for consumers to understand the risks.Place this simple Safecat widget on your home page, WordPress blog etc. Price volatility: Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses. Embed price & chart data on your website. ![]() Consumer protection: Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.
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