There is room for improvement in each position ๐
With newspapers, television commercials, and even everyday conversations filled with cryptocurrency topics,
It seems that the number of accounts being opened by the general public with domestic cryptocurrency operators is increasing rapidly....
From the perspective of Yamada who supports the securities sector, this is a positive trend but
The other day, the Financial Services Agency issued a warning to overseas cryptocurrency exchanges.
Yamadatchi also opened a Bitget account under the influence of a favorite influencer.
Why do favorite influencer fans prefer overseas ones? It's for affiliate purposes, as the fees like spreads are low.
If you stand on the side of general users like Yamadatchi,
For the Financial Services Agency, it is not favorable that the spreads of domestic exchange are large and profits are difficult to make.
It does not become a problem and is left unattended.
That's why the securities sector is profitable...
In addition to spot trading, you can also trade crypto FX, even in a downtrend
So you can profit from short selling.
I am comparing companies, but
Naturally, in order to minimize costs,
we are moving towards using overseas companies.
In response to this, a email with content restricting these specific merchants has arrived from Rakuten Wallet.
In the principle of free competition, it is outdated to warn against overseas suppliers just because they have operations overseas.
Of course, I also use overseas FX, but there are risks such as withdrawal refusals and other troubles.
The Financial Services Agency should definitely issue strict warnings here.
Amidst the excitement surrounding cryptocurrencies,
I would like to request domestic trading companies to provide a safer trading environment, taking into account the DMM issue.
From Yamadatchi's perspective, I hope that each party can compromise and the securities sector will improve.
It would be great if we could trade cryptocurrency on MOOMOO.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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