For example, a 12-day simple moving average for SMART is a sum of SMART’s closing prices over the last 12 days which is then divided by 12. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and[…]

Verifying your identity is a crucial step when setting up an account on a cryptocurrency exchange. Due to regulatory requirements and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations, exchanges are obligated to verify the identity of their users. This process is in place to prevent fraudulent activities, protect users, and ensure the integrity of the cryptocurrency market. Once the account has been verified and is ready to start trading, it’s time to deposit funds. For first-time investors, most[…]