Veronicesan pfp

Veronicesan

@veronicesan

62 Following
0 Followers
Veronicesan pfp
Veronicesan
@veronicesan
How do NFT lending platforms work? NFT lending platforms allow users to borrow cryptocurrency by using NFTs as collateral. Platforms like NFTfi and BendDAO offer loans against high-value NFTs. If borrowers fail to repay, lenders can claim the NFT. This system provides liquidity to NFT holders but carries risks, as NFT values fluctuate. Lenders assess risk based on the NFT’s market demand and price history.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
How to analyze order books on crypto exchanges? Order books display real-time buy and sell orders on exchanges, helping traders assess market depth and potential price movements. Key aspects to analyze include: Bid and Ask Prices – The highest buy (bid) price and lowest sell (ask) price define the spread. A tight spread suggests high liquidity, while a wide spread indicates low liquidity. Market Depth – A deeper order book (more buy/sell orders) results in greater price stability, whereas a shallow order book makes prices more volatile. Wall Formations – Large buy or sell walls indicate strong support or resistance levels. For example, if there’s a large buy wall at $30,000 for BTC, it suggests strong buying interest at that level. Order Flow – Watching how orders are placed and executed helps traders gauge market sentiment (bullish or bearish trends). By understanding order books, traders can anticipate price movements and make informed trading decisions.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Actual Scale of Crypto Use by Both Sides in the Russia-Ukraine Conflict to Evade Sanctions Blockchain analysis suggests significant USDT and BTC usage in war zones, but full-scale sanctions evasion remains limited due to regulatory scrutiny on major exchanges.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
The UK: A small island with a big heart and an even bigger story.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
I just collected "Farcaster: Lion"
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Waking up to a beautiful sunrise is the best kind of gift.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
\"You don’t have to be perfect to inspire others.\"
0 reply
1 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Celebrate every small victory 🎉🌟
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Sometimes, the most beautiful days are the simplest ones.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Skiing is the perfect mix of adrenaline and tranquility, the best way to enjoy winter’s beauty.
0 reply
0 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Tom and Jerry, the perfect example of how persistence and wit can make you laugh
0 reply
1 recast
0 reaction
Veronicesan pfp
Veronicesan
@veronicesan
Let the beauty of the UK become the most unforgettable memory of your travels
0 reply
1 recast
0 reaction