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<ul><li>Binance’s <keyword id="13393939" type="General" weightage="20" keywordseo="bitcoin-button-game" source="Orion">Bitcoin Button game</keyword> is now live.</li><li>One winner stands to win one Bitcoin, which is worth $39,000.</li><li>Other participants also get prizes in the form of NFTs and more.</li></ul>Popular cryptocurrency exchange Binance has launched a new game called <keyword id="13393938" type="General" weightage="20" keywordseo="bitcoin-button" source="Orion">Bitcoin Button</keyword>, offering participants the chance to win one Bitcoin, apart from guaranteed NFTs and other prizes. The Bitcoin Button game is live and at any given point of time, you will contest against 50,000 other users – just in case you thought this was going to be blind luck and easy. As of March 16, the price of one Bitcoin is $39,000 (approx. ₹29,80,000), after a decline of nearly 10% in the last one month. <div type="twitter" handle="binance" handlename="Binance" image="http://pbs.twimg.com/profile_images/1490589455786573824/M5_HK15F_normal.jpg" favoritecount="4595" retweetcount="2027" status="🚨 Win a #Bitcoin Welcome to #BitcoinButton, a game that opens the door for you to win 1 #BTC. Rules:🔸 1 chance… https://t.co/5cMrVOZxYw" createdat="1647345886000" id="1503703753547034624"></div> <cmsannotation type="cmsannotation" annotationid="How to play Bitcoin Button?" comment="subhead" text="How to play Bitcoin Button?">How to play Bitcoin Button?</cmsannotation> The Bitcoin Button game is fairly simple – all you have to do is press a button and hope you are the last one to do so, out of 50,000 other people. Each user gets one chance to play the game, so you will want to make sure you hit the button at the right time. <ul><li>Go to the <a href="https://www.binancezh.top/en/activity/bitcoin-button-game">Bitcoin Button game page</a>.</li><li>Login with your Binance account or Twitter.</li><li>Click on the Bitcoin Button when you think it’s the right time.</li></ul>All you have to do is make sure you are the last person to click the button. <cmsannotation type="cmsannotation" annotationid="How does the Bitcoin Button game work?" comment="subhead" text="How does the Bitcoin Button game work?">How does the Bitcoin Button game work?</cmsannotation> The Bitcoin Button game has a 60-second timer that starts whenever there are 50,000 people ready to play. Each time a user clicks the button, the timer resets back to 60 seconds and the countdown begins once again. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> The idea is to be the last person to click the button – essentially let the timer reach zero. It’s a game of patience and some sheer blind luck. Binance says there is $10,000 worth of prizes apart from one Bitcoin. But to be eligible for this, you will have to share your results on Twitter. Check out the other details of the game <a href="https://www.binance.com/en/support/announcement/1844f37691dd4a04ace52ba10e8e6610">here</a>. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/microsoft-is-reportedly-testing-ads-in-windows-11-file-explorer/articleshow/90217254.cms">Microsoft is reportedly testing ads in Windows 11 File Explorer</a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-supplier-foxconn-halts-production-at-its-shenzhen-plants-after-sudden-covid-19-outbreak/articleshow/90215795.cms">Apple supplier Foxconn halts production at its Shenzhen plants after sudden COVID-19 outbreak</a> <a href="https://www.businessinsider.in/cryptocurrency/news/amex-reveals-its-metaverse-ambitions-in-a-patent-filing-for-tech-to-let-people-to-use-its-payment-cards-in-virtual-worlds/articleshow/90236616.cms">AmEx reveals its metaverse ambitions in a trademark filing for tech to let people to use its payment cards in virtual worlds</a>

Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool

<keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword> boss <keyword id="6355315" type="General" weightage="80" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> might enable the micro-blogging platform's <keyword id="2591764" type="General" weightage="80" keywordseo="edit-button" source="Orion">Edit button</keyword> for all the users very soon. As early as this week, the platform might implement one of the first significant product changes under <keyword id="364027" type="General" weightage="100" keywordseo="musk" source="Orion">Musk</keyword>'s rule, by making the edit function available to all the users, reports The Verge. According to the report, tweet editing has been locked behind the company's soon-to-change $4.99 <keyword id="11265742" type="General" weightage="50" keywordseo="twitter-blue" source="Orion">Twitter Blue</keyword> subscription which is only available to users in a few countries. <keyword id="1980228" type="General" weightage="50" keywordseo="edit-tweet" source="Orion">Edit Tweet</keyword> allows people to make changes to their tweet after it has been published. Earlier, the micro-blogging site showcased its soon-to-arrive Edit Button on its own platform, by tweaking one of its tweets that showed 'Last Edited' at the bottom of the post. Twitter edited a tweet and once clicked on "Last edited", people were able to see the original tweet and the previous edit history. The platform also announced that the ability to modify tweets would be available to Twitter Blue subscribers soon. "Think of it as a short period of time to do things like fix typos, add missed tags, and more," said Twitter. Edited tweets would appear with an icon, timestamp, and label so it became clear to the readers that the original tweet had been modified. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/a-twitter-employee-shared-a-picture-of-his-boss-asleep-on-the-office-floor-amid-long-hours-and-tight-deadlines-under-elon-musk/articleshow/95258914.cms">A Twitter employee shared a picture of his boss in a sleeping bag and mask on the office floor, illustrating Elon Musk's new hardcore work culture</a> <a href="https://www.businessinsider.in/tech/news/binance-ceo-says-he-anticipates-90-of-elon-musks-newly-proposed-twitter-features-will-fail-the-majority-of-them-will-not-stick/articleshow/95262311.cms">Binance CEO says he anticipates 90% of Elon Musk's newly proposed Twitter features will fail: 'The majority of them will not stick'</a>

Elon Musk-led Twitter may soon offer the edit button for free to all users

New Delhi, March 16 (IANS) India's key equity indices -- <keyword id="6484188" type="General" weightage="20" keywordseo="sensex" source="Orion">Sensex</keyword> and <keyword id="6354813" type="General" weightage="100" keywordseo="nifty" source="Orion">Nifty</keyword> -- traded in the green in the opening session on Wednesday. At 9.54 a.m., Sensex was 1.4 per cent or 777 points up at 56,554 points, whereas Nifty 1.3 per cent or 220 points up at 16,883 points. Among the specific stocks, <keyword id="46717" type="General" weightage="20" keywordseo="indusind-bank" source="Orion">Indusind Bank</keyword>, Axis Bank, Bajaj Finance, Grasim Industries and <keyword id="85462" type="General" weightage="20" keywordseo="bajaj-finserv" source="Orion">Bajaj Finserv</keyword> were the top five gainers among the Nifty 50 companies, rising 3.7 per cent, 3.5 per cent, 3.0 per cent, 2.8 per cent, and 2.7 per cent, respectively. Cipla, <keyword id="44642" type="General" weightage="20" keywordseo="sun-pharma" source="Orion">Sun Pharma</keyword>, and <keyword id="9897896" type="General" weightage="20" keywordseo="tata-consumers" source="Orion">Tata Consumers</keyword>, on the other hand, were the only shares that declined among the Nifty 50 companies in the opening session. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/these-are-the-sectors-hiring-the-most-apprentices-this-quarter-in-india/slidelist/90224334.cms">These are the sectors hiring the most apprentices this quarter in India</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/binances-bitcoin-button-game-offers-one-bitcoin-to-a-lucky-winner-guaranteed-nfts-and-other-prizes/articleshow/90254055.cms">Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool</a>

Sensex, Nifty up over 1% each; IndusInd Bank, Axis Bank, Bajaj Finance, Grasim Industries and Bajaj Finserv top gainers among Nifty 50 stocks

San Francisco, March 16 (IANS) <keyword id="399907" type="General" weightage="80" keywordseo="meta" source="Orion">Meta</keyword> CEO <keyword id="6354630" type="General" weightage="20" keywordseo="mark-zuckerberg" source="Orion">Mark Zuckerberg</keyword> has said that non-fungible tokens (NFTs) will soon arrive on <keyword id="819905" type="General" weightage="80" keywordseo="instagram" source="Orion">Instagram</keyword>. Addressing one of the sessions at the South By Southwest event late on Tuesday, <keyword id="353568" type="General" weightage="100" keywordseo="zuckerberg" source="Orion">Zuckerberg</keyword> said that "over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment". The Meta CEO said that "a bunch of technical things that need to get worked out before that'll really be seamless to happen." "We're working on bringing NFTs to Instagram in the near term," the Meta Founder said at the conference. Instagram Head Adam Mosseri said recently that the team was "actively exploring NFTs" but didn't have further details. Placing a strong bet on <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>'s creator and developer community, Zuckerberg said recently that as the social network begins initial steps to create augmented reality (AR)-driven <keyword id="11121339" type="General" weightage="20" keywordseo="metaverse" source="Orion">Metaverse</keyword> experiences for billions, the country and its vast pool of talent is going to be a huge part of that journey. Speaking at the company's 'Fuel for India' event, Zuckerberg said that he is really excited about the role that India will play in building the future of Metaverse, which is going to be the successor to the mobile internet. Earlier this year, Twitter introduced a feature that let some users set an <keyword id="4668945" type="General" weightage="20" keywordseo="nft" source="Orion">NFT</keyword> they own as their profile picture. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/binances-bitcoin-button-game-offers-one-bitcoin-to-a-lucky-winner-guaranteed-nfts-and-other-prizes/articleshow/90254055.cms">Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/facebook-wants-to-bring-back-young-adults-on-its-platform-but-they-say-theres-nothing-much-it-can-do-to-win-them/articleshow/90206539.cms">Facebook wants to bring back young adults on its platform but they say there’s nothing much it can do to win them</a>

Meta's Mark Zuckerberg says Instagram to add NFTs soon

<ul><li>Amid the ongoing Russian invasion, <keyword id="6355101" type="General" weightage="100" keywordseo="ukraine" source="Orion">Ukraine</keyword> has legalised cryptocurrency.</li><li>Ukraine has received millions in cryptocurrency donations since the invasion.</li><li>This will also allow cryptocurrency exchanges to let users, including the government, convert their crypto holdings to fiat.</li></ul> War-torn Ukraine has legalised cryptocurrencies after receiving millions in crypto donations since the Russian invasion began in late February. Ukraine president <keyword id="9393544" type="General" weightage="20" keywordseo="volodymyr-zelenskyy" source="Orion">Volodymyr Zelenskyy</keyword> signed a virtual assets bill on March 15, allowing the country to establish and regulate a crypto market. “From now on foreign and Ukrainian cryptocurrencies exchanges will operate legally and banks will open accounts for crypto companies,” tweeted Ukraine’s Ministry of Digital Transformation. <div type="twitter" handle="mintsyfra" handlename="Міністерство цифрової трансформації України" image="http://pbs.twimg.com/profile_images/1188708966181810176/gA06HmKd_normal.jpg" favoritecount="2324" retweetcount="850" status="Ukraine has legalized the crypto sector — @ZelenskyyUa signed a law. From now on foreign and Ukrainian cryptocurren… https://t.co/SGnztfExLf" createdat="1647443203000" id="1504111930251882500"></div> According to the ministry’s statement, Ukraine’s stock market regulator will be tasked with keeping an eye on cryptocurrency exchanges. Ukraine’s National Securities and Stock Market Commission will also be tasked with outlining a policy for virtual assets, according to an announcement the Ukrainian government made in February. Tax and civil codes will subsequently be modified, with the <keyword id="13404233" type="General" weightage="20" keywordseo="ukrainian-ministry-of-finance" source="Orion">Ukrainian Ministry of Finance</keyword> working on amendments already. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> It is worth pointing out that cryptocurrencies were not illegal in Ukraine – just like in India – but giving them the legal status opens up new avenues for the government to generate revenues via taxes, and regulate trading to ensure safety for users. <cmsannotation type="cmsannotation" annotationid="Why did Ukraine legalise cryptocurrency?" comment="subhead" text="Why did Ukraine legalise cryptocurrency?">Why did Ukraine legalise cryptocurrency?</cmsannotation> Post the Russian invasion of Ukraine, the country received over $100 million in cryptocurrency donations. Post the legalization, Ukraine’s first crypto exchange, <keyword id="218858" type="General" weightage="20" keywordseo="kuna" source="Orion">Kuna</keyword>, will now be able to convert the cryptocurrency to fiat – Ukraine’s legal tender, hryvnia. This would also help bolster the Ukrainian government’s cash reserves, apart from helping Ukrainians who trade in crypto. The other major example of the legal adoption of cryptocurrency is El Salvador, which made Bitcoin legal tender back in 2021. While cryptocurrency is not legal in India yet, the government proposed a tax of 30% on virtual assets. Although cryptocurrency is not technically legal in India yet, this will allow the government to mop up revenue from crypto trading. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/paytm-may-face-tough-times-ahead-stock-brokers-recommend-to-stay-away-from-the-stock/articleshow/90283463.cms">Paytm may face ‘tough times ahead’, stock brokers recommend to stay away from the stock</a> <a href="https://www.businessinsider.in/business/news/cyrus-poonawalla-radhakishan-damani-and-other-two-billionaire-entrants-in-top-100-from-india-in-2022/articleshow/90282154.cms">Hurun Global Rich List 2022 – From Cyrus Poonawalla to Radhakishan Damani, here are the new entrants in Top 100 from India</a> <a href="https://www.businessinsider.in/cryptocurrency/news/binances-bitcoin-button-game-offers-one-bitcoin-to-a-lucky-winner-guaranteed-nfts-and-other-prizes/articleshow/90254055.cms">Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool</a>

Russian invasion and millions of crypto donations force Ukraine to legalise cryptocurrency

<ul><li>The German cyber authority has advised users to find alternatives to <keyword id="412137" type="General" weightage="100" keywordseo="kaspersky" source="Orion">Kaspersky</keyword> antivirus “for the time being”. </li><li>However, the Russia-headquartered Kaspersky has called it a political stunt lacking any technical evidence. </li><li>The German watchdog states that Kaspersky could be compelled by the <keyword id="105376" type="General" weightage="20" keywordseo="kremlin" source="Orion">Kremlin</keyword> to yield and allow it to surveil Kaspersky antivirus users across the world. </li></ul>Germany’s cyber watchdog, Federal Office for Information Security (<keyword id="207795" type="General" weightage="20" keywordseo="bsi" source="Orion">BSI</keyword>) has urged users to switch from Kaspersky antivirus as tensions due to the Russia-Ukraine war continue to boil over in other aspects of people’s lives. Kaspersky is a multi-national cybersecurity company that has long offered its antivirus products to users across the world. The reason it’s in the crosshairs of the German cyber watchdog is because Kaspersky is headquartered in Russia. Although there is no evidence yet of Kaspersky colluding with the Kremlin to conduct state-sponsored surveillance of its users around the world, the German cyber watchdog thinks that the <keyword id="6355086" type="General" weightage="20" keywordseo="putin" source="Orion">Putin</keyword> regime could force Kaspersky’s hand. “The warlike actions of Russia as well as the threats made against the EU, NATO, and the Federal Republic of Germany harbour a considerable risk of a successful IT attack, which could have far-reaching consequences,” the authority noted on its <a href="https://www.bsi.bund.de/DE/Themen/Unternehmen-und-Organisationen/Cyber-Sicherheitslage/Technische-Sicherheitshinweise-und-Warnungen/Warnungen-nach-Par-7/FAQ-Kaspersky/faq_node.html#doc1029976bodyText1">website</a>. “It cannot currently be ruled out that the company will be forced against its will to attack systems or pass on confidential data,” it further added. On the other hand, Kaspersky <a href="https://www.kaspersky.com/about/press-releases/2022_kaspersky-statement-regarding-the-bsi-warning">called</a> out the BSI for its advice, stating that this is a political stunt. “We believe this decision is not based on a technical assessment of Kaspersky products – that we continuously advocated for with the BSI and across <keyword id="28249" type="General" weightage="20" keywordseo="europe" source="Orion">Europe</keyword> – but instead is being made on political grounds,” the company said in its statement. At the moment, the threat of the Kremlin using Kaspersky antivirus to surveil people across Western nations and beyond is theoretical, especially with there being no technical evidence to back it up. Kaspersky antivirus is amongst the most widely used third-party solutions across the world. It also ranks consistently amongst the top antivirus solutions in terms of its abilities to detect viruses, trojans and other malware. If the company yields to any pressure from the Kremlin, though, it could prove fatal for its future. SEE ALSO: <a href="https://www.businessinsider.in/finance/news/tensions-around-high-crude-oil-prices-have-eased-as-price-goes-below-100-per-barrel/articleshow/90255285.cms">Tensions around high crude oil prices have eased as price goes below $100 per barrel</a> <a href="https://www.businessinsider.in/cryptocurrency/news/binances-bitcoin-button-game-offers-one-bitcoin-to-a-lucky-winner-guaranteed-nfts-and-other-prizes/articleshow/90254055.cms">Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool</a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-supplier-foxconn-halts-production-at-its-shenzhen-plants-after-sudden-covid-19-outbreak/articleshow/90215795.cms">Apple supplier Foxconn halts production at its Shenzhen plants after sudden COVID-19 outbreak</a>

Germany’s cyber watchdog advises users to switch from Kaspersky antivirus as Russia-Ukraine tensions simmer

<ul class="summary-list"><li>Nishad Singh was the top engineer at FTX. </li><li>He testified at the Sam Bankman-Fried trial that he was 'suicidal' over the crypto scam. </li></ul>Nishad Singh thought he misunderstood.It was September 2022 and he was in a small groupchat with <a target="_blank" href="https://www.businessinsider.com/gary-wang-agreed-cooperate-sbf-trial-first-meeting-prosecutors-2023-10">FTX executive Gary Wang</a>, <a target="_blank" href="https://www.businessinsider.com/caroline-ellison-testify-criminal-trial-ftx-collapse-sam-bankman-fried-2023-9">Alameda Research CEO Caroline Ellison</a>, and the owner of both companies, Sam Bankman-Fried.In the chat, Wang had just said that Alameda, the cryptocurrency trading firm, was borrowing $13 billion from FTX, the popular cryptocurrency exchange.Singh thought that couldn't possibly be right, he testified Monday in the criminal trial against Bankman-Fried.FTX didn't even have $13 billion.Alarmed, Singh, the top engineer at FTX, called for an emergency meeting with the group. He turned to Bankman-Fried, who was sitting next to him in their office in the Bahamas.Bankman-Fried appeared unsurprised to hear about the $13 billion figure and made "a false excuse for dodging the meeting," Singh said.Singh met with Bankman-Fried's other lieutenants in the groupchat. His fears were confirmed.According to Wang and Ellison — both of whom have also testified in the trial in the downtown Manhattan courtroom this month — Alameda Research had been taking money not just from FTX's profits, but from the deposits of ordinary customers. Wang, Ellison, and Bankman-Fried had known for months, according to court testimony.If those customers wanted to withdraw their money from the exchange, FTX wouldn't have the funds to make them whole.That evening, Singh said in court, he met with Bankman-Fried privately on the balcony of <a target="_blank" href="https://www.businessinsider.com/sam-bankman-fried-sbf-bahamas-mansion-penthouse-condo-photos-2023-10">their shared penthouse in a luxury resort in the Bahamas</a>, which had been purchased for $35 million by Alameda Research. Bankman-Fried sat on a chaise lounge chair while Singh paced between the towering columns that framed towering views of the Atlantic Ocean.Bankman-Fried expressed regret at even bringing up the topic in the groupchat, Singh said. He said he'd been living with the stress over the billions of dollars in funds for about a year."Yeah, this has been taxing me some 5 to 10% of my productivity," Bankman-Fried said, according to Singh's testimony Monday."I think this is going to be doing a lot more damage to me, hitting me a lot harder," Singh responded.<div type="image" title="Nishad Singh." height="1400" width="1867" msid="104503087" hostid="261"></div><h2>Singh pleaded guilty in the plot to take money from FTX customers</h2>Singh is set to continue answering questions under oath Tuesday under cross-examination from Bankman-Fried's legal team.In his testimony so far, Singh has described his time working for Bankman-Fried, first as a software engineer for Alameda and later for FTX.Singh was close with Bankman-Fried's family, befriending his brother Gabe Bankman-Fried, in high school. Unlike most other FTX employees, <a target="_blank" href="https://www.businessinsider.com/ftxs-nishad-singh-embarrassed-bankman-frieds-flashy-spending-2023-10">Singh had a stake in the company</a>, accepting shares instead of bonuses on top of his $200,000 annual salary starting in 2020.He ultimately accrued a 6 to 7% ownership share in FTX, he said, making him an on-paper billionaire. Starting in December 2021, he moved to the Bahamas to live in the penthouse, which was shared with his girlfriend, Bankman-Fried, and other members of Bankman-Fried's inner circle, including Wang, Ellison, and <a target="_blank" href="https://www.businessinsider.com/sam-bankman-fried-trial-former-roommate-adam-yedidia-immunity-testimony-2023-10">developer Adam Yedidia</a>.<div type="image" title="Nishad Singh." height="1400" width="1867" msid="104503087" hostid="261"></div>According to prosecutors, Bankman-Fried defrauded FTX's customers and investors, and Alameda's lenders, through the scheme where he siphoned money from FTX customers into Alameda Research, which he owned.Singh — along with Ellison, Wang, and another FTX executive, Ryan Salame — all pleaded guilty to the conspiracy. Singh's guilty plea includes six criminal counts, and he said he was testifying as part of a cooperation agreement in hopes of getting a lighter sentence than the 75-year maximum for the charges."I've always been intimidated by Sam," Singh testified Monday. "Sam's a formidable character. Brilliant. And so I had a lot of respect for him.""Over time, that eroded, and I became distrustful," he continued.Before the September 2022 realization that Alameda was taking FTX customer money, Singh had participated in fraudulent activity in other ways.At the end of 2021, FTX had made around $950 million in revenue, Singh said. He testified Monday that, at the end of December in 2021, Bankman-Fried asked him to juice FTX's revenues by about $50 million by making new transactions and then backdating them in the company's transaction history. Those falsified figures were given to investors to make it seem like the company had $1 billion in revenue that year, Singh said.In another instance, also in 2021, a flaw in FTX's margin trading system had led to a $1 billion loss. At Bankman-Fried's direction, Singh transferred the losses to Alameda to hide it from FTX's investors, Singh testified.Earlier in 2022, Singh had some inkling that things weren't all right with how Alameda's funds were accounted for on FTX's platform. That June, he was roped into a project to figure out the true value of Alameda's balances on FTX after <a target="_blank" href="https://www.businessinsider.com/sam-bankman-fried-trial-adam-yedidia-bug-8-billion-alameda-2023-10">a bug misrepresented the number by about $8 billion</a>. Alameda was billions of dollars in the red, but Singh testified that he believed the company had assets elsewhere and that the company was still solvent and customer funds were untouched.But when Singh saw that Alameda had taken customer funds, he believed that crossed a line, he said."I was blindsided and horrified," he said on the witness stand Monday. "I felt really betrayed, that five years of blood, sweat, and tears from me and so many employees, driving towards something that I thought was a beautiful force for good, had turned out to be so evil."<div type="image" title="sam bankman fried" height="1666" width="2500" msid="104503088" hostid="261"></div><h2>'Sam has some physical twitches for when he gets angry'</h2>Singh considered leaving the company "every day," he said in court. But he stuck around, believing the best approach would be to make FTX as successful as possible, hoping that its profits could fill the hole created by Alameda's borrowing. He believed FTX would have to fake it 'til it made it."How could I live with myself if my departure precipitated a fall that might have been avoidable?" he said.Singh pressed Bankman-Fried to wind down w<a target="_blank" href="https://www.businessinsider.com/ftxs-nishad-singh-embarrassed-bankman-frieds-flashy-spending-2023-10">hat he saw as precipitous spending,</a> cut back on investments, and find new sources of funds.A month after the September meeting, Bankman-Fried went on a trip to several Gulf states in the Middle East with Anthony Scaramucci, who had invested in FTX, to try to raise more funds. When he returned, the FTX CEO told Singh that he believed he could get $5 billion more in investments, Singh testified.But the hole at that point was $13 billion deep. Meeting in Bankman-Fried's room in their Bahamas apartment, Singh asked what else they could do to get more money quickly."Sam was on edge, and I felt he was very mad at me for talking about this," Singh said. "It was tense. There were long periods of silence."He was visibly upset, according to Singh."Sam has some physical twitches for when he gets angry," he said.<div type="image" title="FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16" height="3656" width="5484" msid="104503089" hostid="261"></div>The "physical tells for when he is thinking hard or is upset" were "on display," Singh said."Puffed out his chest, had his hands back, he was grinding his finger, closing his eyes, grinding his teeth or tongue in his mouth," Singh said. "When he opened them to respond, he would sort of glare at me with some intensity.""This didn't happen for the whole conversation, but it did happen at specific points," Singh continued. "Like when I asked, 'Dear god, what else is there? Give me some updates.'"Singh said Bankman-Fried handled the meeting poorly."I ended up apologizing to him at the end for asking for the meeting because I could tell it was so unwelcome," he said.In her own testimony earlier in the trial, Ellison said that Bankman-Fried didn't raise any money from the trip.Singh got sucked into Bankman-Fried's efforts to burnish FTX's reputation in other ways. In October and November, <a target="_blank" href="https://www.businessinsider.com/sbf-political-donations-2-executives-republicans-democrats-woke-prosecutors-2023-2">he participated in a straw donor scheme</a> to give money to Democratic candidates and political action committees.In reality, Singh testified, Salame — who himself later <a target="_blank" href="https://www.businessinsider.com/ftx-ryan-salame-guilty-plea-sam-bankman-fried-trial-2023-9">pleaded guilty to breaking campaign finance laws</a> by funneling FTX funds to Republican candidates — had access to one of his bank accounts and made the donations with political consultants. All Singh did was press buttons to approve wire transfers and write blank checks for donations, he testified. (<a target="_blank" href="https://www.businessinsider.com/sam-bankman-fried-sbf-fraud-trial-ftx-explainer-2023-10">Prosecutors have charged Bankman-Fried with campaign finance violations</a>; a separate trial on those charges is scheduled for next year.)<h2>I'd been suicidal'</h2>By November, Singh's fears were coming through. The crypto news publication <a target="_blank" href="https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/">Coindesk published an article</a> about a leaked copy of Alameda's balance sheet, which illustrated some of the unusually close ties between it and FTX — although <a target="_blank" href="https://www.businessinsider.com/alameda-all-hands-meeting-caroline-ellison-shut-down-audio-2023-10">Ellison testified earlier this month</a> that the companies were even more closely integrated than it appeared.FTX customers began to withdraw their funds from the platform en masse, and FTX didn't have their money.Singh suggested freezing withdrawals until they could figure out another step, like persuading Binance, a bigger cryptocurrency exchange that Bankman-Fried considered a rival, to purchase FTX.<div type="image" title="sam bankman fried lewis kaplan court illustration" height="2268" width="3024" msid="104503090" hostid="261"></div>Bankman-Fried and Ellison dismissed the idea "in a kind of annoyed way and proceeded" to draft tweets falsely claiming that FTX and Alameda were solvent.In the chaos, Singh said, he asked Bankman-Fried to forgive all of the loans he had taken from FTX.Bankman-Fried appeared inclined to grant the request, according to text messages shown as evidence in the trial. But Singh decided not to go through with it."It felt wrong. I mean, I was fine giving up my personal assets. I'd taken on debts and given up my assets for the company countless times," Singh said. "But I understood the purpose of this exercise to be, you know, to fool a US regulator and to fool employees of the company, and I wasn't comfortable with that."As the chaos continued to roil FTX, Bankman-Fried, Ellison, and other executives pointed fingers at each other while employees and customers demanded answers, Singh said. Singh urged them to come clean, even if it meant disclosing his own role in the cover-up. He had little to lose."I'd been suicidal for some days," Singh said.Besides, he wanted them to focus on the problem at hand."People weren't being productive," Singh said. "Now more than ever, to salvage whatever we could, FTX employees needed to be productive, and resolving the blame game quickly and definitively seemed like it would be a path towards that."On November 11, Singh resigned from FTX and its caretaker CEO immediately declared bankruptcy. Around a week later, he met with prosecutors for the first time. He was on his way to a cooperation agreement

'I'd been suicidal for days': Sam Bankman-Fried lieutenant testifies about immense pressure to keep FTX crypto scam going &mdash; before it all crashed

<ul><li><keyword id="13356803" type="General" weightage="20" keywordseo="iQOO-Z6-5G" source="Orion">iQOO Z6 5G</keyword> is the latest 5G smartphone to launch in India. </li><li>Slotted in the budget segment, it takes on the <keyword id="2415488" type="General" weightage="20" keywordseo="Redmi" source="Orion">Redmi</keyword> Note 11 Pro+ 5G, thanks to the Snapdragon 695 chipset that powers both the phones. </li><li>But is it only the processor that matters? Find out which budget 5G smartphone offers a better overall package. </li></ul>The new <keyword id="7822725" type="General" weightage="20" keywordseo="iQOO" source="Orion">iQOO</keyword> Z6 5G promises a lot of features and firepower in the sub-₹20,000 price segment, taking the newly-launched <a href="https://www.businessinsider.in/tech/mobile/news/redmi-note-11-pro-redmi-note-11-pro-and-redmi-watch-2-lite-launched-in-india/articleshow/90096594.cms">Redmi Note 11 Pro series</a> head-on. With 5G, 120Hz refresh rate display and more features under its belt, smartphone buyers are spoilt for choice as more and more high-end features continue to trickle down to the mid-range and budget segments. The sub-₹20,000 price segment has always been one of the most competitive segments in the Indian smartphone industry, with several offerings from <keyword id="874458" type="General" weightage="20" keywordseo="Xiaomi" source="Orion">Xiaomi</keyword>, Samsung, Oppo and others vying for buyers’ attention. With the increasing visibility of iQOO, one of the sister companies under the BBK Electronics umbrella, smartphone buyers can rejoice as the company tries to establish itself by offering value-for-money smartphones that compete with Xiaomi and Samsung’s offerings. <div type="Article" hostid="261" msid="90096594" title="Redmi Note 11 Pro, Redmi Note 11 Pro+ and Redmi Watch 2 Lite launched in India" mstype="2" mssubtype="0"></div> In this post, we pit the iQOO Z6 5G against the recently-launched Redmi Note 11 Pro+ 5G to understand which budget 5G smartphone offers the best bang for your buck. Let’s dive in. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – price" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – price">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – price</cmsannotation> The iQOO Z6 5G price in India starts at ₹15,499 for the 4GB model, ₹16,999 for 6GB and ₹17,999 for the 8GB model, with 128GB storage in all three models. The Redmi Note 11 Pro+ 5G, on the other hand, starts at ₹20,999 for 6GB + 128GB, ₹22,999 for 8GB + 128GB and ₹24,999 for 8GB + 256GB model. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – display" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – display">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – display</cmsannotation> Both the iQOO Z6 5G and Redmi Note 11 Pro+ sport Full HD+ displays with a 120Hz refresh rate. However, while the Z6 5G sports an LCD display, the Redmi Note 11 Pro+ 5G has a Super AMOLED display, which is considerably better than an LCD panel. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – processor and storage" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – processor and storage">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – processor and storage</cmsannotation> <div type="image" title="iQOO Z6 5G 1" msid="90267327" hostid="261" caption="&amp;lt;p&amp;gt;iQOO Z6 5G&amp;lt;/p&amp;gt;"></div> Both the iQOO Z6 5G and Redmi Note 11 Pro+ 5G are powered by the octa-core Qualcomm Snapdragon 695 chipset, paired with up to 8GB of memory. <div type="image" title="Redmi Note 11 Pro+ 5G" msid="90267347" hostid="261" caption="&amp;lt;p&amp;gt;Redmi Note 11 Pro+ 5G&amp;lt;/p&amp;gt;"></div> In terms of storage, the Z6 5G comes in two variants – 64GB and 128GB. The Redmi Note 11 Pro+ 5G offers 128GB and 256GB storage options. Both the phones support microSD cards up to 1TB. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – cameras" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – cameras">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – cameras</cmsannotation> <div type="image" title="iQOO Z6 5G" msid="90267368" hostid="261" caption="&amp;lt;p&amp;gt;iQOO Z6 5G&amp;lt;/p&amp;gt;"></div> The iQOO Z6 5G sports a triple camera setup with a 50MP primary camera, along with a 2MP macro shooter and a 2MP depth camera. It has a 16MP front camera for selfies and video calling. <div type="image" title="Redmi Note 11 Pro+ 5G 1" msid="90267386" hostid="261" caption="&amp;lt;p&amp;gt;Redmi Note 11 Pro+ 5G&amp;lt;/p&amp;gt;"></div> On the other hand, the Redmi Note 11 Pro+ 5G is a notch above in terms of imaging. It has a 108MP primary camera along with an 8MP ultrawide angle snapper and a 2MP macro camera. It has a 16MP front facing camera. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – battery" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – battery">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – battery</cmsannotation> Both the smartphones are powered by a 5,000mAh battery and support fast charging. However, while the iQOO Z6 5G supports only 18W fast charging, the Redmi Note 11 Pro+ 5G with 67W fast charging. <cmsannotation type="cmsannotation" annotationid="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – which budget 5G phone should you buy?" comment="subhead" text="iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – which budget 5G phone should you buy?">iQOO Z6 5G vs Redmi Note 11 Pro+ 5G – which budget 5G phone should you buy?</cmsannotation> The iQOO Z6 5G presents a good opportunity for those who want to buy a powerful yet affordable 5G smartphone. The processor that powers these smartphones is the same, so in case you are looking at just the performance aspect, then both the phones are on an equal footing. However, the Redmi Note 11 Pro+ 5G has a better display, camera setup and faster charging speeds, so the slight premium that Xiaomi is asking for here might as well be worth it. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/binances-bitcoin-button-game-offers-one-bitcoin-to-a-lucky-winner-guaranteed-nfts-and-other-prizes/articleshow/90254055.cms">Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool</a> <a href="https://www.businessinsider.in/investment/news/india-is-monitoring-crypto-transactions-of-700-investors-evaders-could-reportedly-face-a-hefty-penalty-tax/articleshow/90263407.cms">India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax</a> <a href="https://www.businessinsider.in/tech/mobile/news/samsung-galaxy-s22-series-pixel-6-affected-by-severe-dirty-pipe-vulnerability-that-lets-hackers-intercept-whatsapp-messages-sms-and-more/articleshow/90120028.cms">Samsung Galaxy S22 series, Pixel 6 affected by severe ‘Dirty Pipe’ vulnerability that lets hackers intercept WhatsApp messages, SMS and more</a>

Comparison: iQOO Z6 5G vs Redmi Note 11 Pro+ 5G

<ul class="summary-list"><li>The market capitalization of global <keyword id="2420795" type="PERSON" weightage="60" keywordseo="cryptocurrencies">cryptocurrencies</keyword> has dropped by 23% in just the last five days, according to data on CoinMarketCap.</li><li><keyword id="6354947" type="UNKNOWN" weightage="60" keywordseo="bitcoin">Bitcoin</keyword> has fallen roughly 35% since hitting all-time high in mid-April as comments.</li><li>Tesla CEO Elon Musk has been responsible for recent swings in the cryptocurrency as he laments the amount of energy used to mine.</li></ul>The value of the cryptocurrency market has slid by 23% in just the last five days. It's been pulled lower by a sell-off in <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> most recently catalyzed by comments made by Tesla CEO Elon Musk.The market cap for global <keyword id="3144636" type="PERSON" weightage="60" keywordseo="digital-currencies">digital currencies</keyword> came in at $1.97 trillion on Monday, down from a recent peak of $2.56 trillion on May 12, according to <a href="https://coinmarketcap.com/charts/" target="_blank" rel="noopener">data from CoinMarketCap.com.</a>"The crypto world is in the danger zone … as no one has a handle over short-term momentum because of uncertainty on where Elon Musk stands on bitcoin," Edward Moya, a senior market analyst at Oanda, wrote in a note to Insider on Monday. Bitcoin on Monday fell below $43,000 to its lowest point since February while other crypto prices suffered as well. <a href="https://markets.businessinsider.com/currencies/eth-usd">Ether</a>, the token of the <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> blockchain, was down nearly 8%, <a href="https://markets.businessinsider.com/currencies/ada-usd">Cardano-ADA</a> sank 10%, and <a href="https://markets.businessinsider.com/currencies/bnb-usd">Binance Coin</a> fell about 9%. <a href="https://markets.businessinsider.com/currencies/doge-usd">Dogecoin</a> gave up 7%. Solana was the only one of the 20 largest cryptocurrencies by market cap to gain ground Monday, up about 0.2%, according to CoinGecko. Bitcoin dropped Monday after Musk on Twitter suggested Tesla might - or had sold - its holdings in the cryptocurrency. It slightly rebounded after Musk clarified that the electric vehicle maker still held its bitcoin stake. Bitcoin's recent selloff was sparked after Musk last week said Tesla would <a href="https://www.businessinsider.com/tesla-bans-bitcoin-payments-due-to-impact-on-environment-2021-5?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest">stop taking bitcoin as payment</a> because of the "insane" amount of energy needed to create new coins and secure the network. "It seems unlikely that a massive financial institution will make a big bet on crypto in this current market as environmental concerns come to the surface," said Moya. Musk later suggested that <keyword id="1985091" type="PERSON" weightage="60" keywordseo="dogecoin">Dogecoin</keyword> may be a payment option for Tesla as he's working with Dogecoin developers to improve system transaction efficiency. Read more: <a href="https://www.businessinsider.com/crypto-trading-investing-tips-crypto-tokens-hodling-trader-scott-melker-2021-5" target="_blank" rel="noopener">'Wolf of All Streets' crypto trader Scott Melker breaks down his strategy for making money using 'HODLing' and 100-times trade opportunities - and shares 5 under-the-radar tokens he thinks could explode</a>"Everyone has been watching BTC fall, crashing 35% from all-time highs, just within a month," said Justin Chuh, senior trader manager Wave Financial, a regulated digital asset investment firm, in a note. "Remember gravity and volatility? They exist. Some of the new <keyword id="6380571" type="UNKNOWN" weightage="60" keywordseo="crypto-market">crypto market</keyword> entrants are about to have their first taste of riskHe continued: "A pullback was bound to happen. But we have to accept that those voices chirping around on social media aren't helping and can actually make moves. This is healthy, but I think we all wish this didn't happen." Broad risk aversion that hit US stocks on Monday didn't aid the cryptocurrency market, said Moya, and "retail traders on social media platforms TikTok and Twitter are losing confidence and are getting closer to hitting the panic button."

The crypto market has lost 23% of its value in just the last 5 days

Table of Contents: Masthead Sticky<ul class="summary-list"><li>Cryptocurrencies are digital assets that can be transferred without third-party interference.</li><li id="recirc">There are generally three ways to buy crypto assets: crypto exchanges, brokerages, or payment services.</li><li>Order types greatly influence how much you'll pay for different cryptocurrencies.</li></ul><a href="https://www.businessinsider.com/what-is-cryptocurrency" target="_blank" rel="noopener">Cryptocurrencies</a> are digital assets that trade on a 24/7 global market. If you're thinking about adding cryptocurrencies like bitcoin, ether, or dogecoin to your investment portfolio, you have several options for doing so. "<keyword id="11892695" type="UNKNOWN" weightage="60" keywordseo="cryptocurrency" source="Orion">Cryptocurrency</keyword> is a unit of measure. It is a digital token that can be transferred from one party to another, but not duplicated," explains Charles Allen, chief executive officer of <a href="https://www.btcs.com/" target="_blank" rel="noopener">BTCS, Inc</a>. Unlike physical fiat currencies (e.g., the US Dollar), cryptocurrencies are decentralized, virtual currencies that are typically used to purchase goods or services. These assets utilize blockchain technology to ensure that transactions between each party are secure."If I own a bitcoin, I don't really own anything physical. I just own a key that allows me to move a record or a unit of measure from one person to another, without a trusted third party. And that's really all the cryptocurrency is. So if I own two bitcoins, I can move it from myself to someone else without a trusted third party in the middle. And that transaction would be verified by this decentralized network of computers from nodes and minors."Here's how to buy cryptocurrency - along with an outline of where you can buy it and the different types of investment vehicles you can use for exposure to it.<h2>1. Choose a broker or cryptocurrency exchange </h2>If you're interested in buying and selling cryptocurrency, the first step is choosing a platform to do so. Generally, you can choose from a traditional broker or dedicated cryptocurrency exchange.<ul><li>Traditional brokers: There are a few online brokers that offer ways to buy and sell cryptocurrency, in addition to other assets like <a href="https://www.businessinsider.com/what-is-stock" target="_blank" rel="noopener">stocks</a>, <a href="https://www.businessinsider.com/what-is-a-bond" target="_blank" rel="noopener">bonds</a>, and <a href="https://www.businessinsider.com/what-is-an-etf" target="_blank" rel="noopener">ETFs</a>. These platforms tend to offer lower trading costs but fewer crypto features.</li></ul><ul><li>Cryptocurrency exchanges: You'll have many cryptocurrency exchanges to choose from, each with varying offerings of cryptocurrencies, wallet storage, interest-bearing account options, and more. Many exchanges charge asset-based fees.</li></ul>As you're comparing different platforms, it's wise to consider things like supported cryptocurrencies, security features, fees, storage and withdrawal options, and educational resources.<h3>Cryptocurrency exchanges</h3>A crypto exchange is a platform dedicated to buying and selling cryptocurrency. Each exchange has their own rules when it comes to the buying, selling, and trading of cryptocurrency. The best exchange for you depends on your needs, but beginners should look for exchanges that offer simple web and mobile interfaces, educational resources, and readily available customer support.Depending on the crypto exchange, you can trade one cryptocurrency for another, or exchange fiat money (like the US Dollar) for cryptocurrency, or vice versa. Prices are based on daily market rates. Quick tip: With crypto also comes stablecoins and <a href="https://www.businessinsider.com/nft-meaning" target="_blank" rel="noopener">non-fungible tokens (NFTs)</a>. Stablecoins are backed by fiat currencies like the US Dollar to stabilize their value (if it's backed by dollars, you can usually redeem one stablecoin for $1). NFTs, however, are unique, art-or-collectible-associated tokens that can't be exchanged for other tokens.It should be noted that not every exchange offers every cryptocurrency. But here are several exchanges and brokerages that do:<table style="border-collapse: collapse; width: 100%;" border="1"><tbody><tr><td style="width: 50%;">Exchange/broker</td><td style="width: 50%;">Features</td></tr><tr><td style="width: 50%;"><a href="https://www.businessinsider.com/personal-finance/kraken-investing-review" target="_blank" rel="noopener">Kraken</a></td><td style="width: 50%;">Global support, 50+ cryptocurrencies, margin and futures trading, staking, and institutional services</td></tr><tr><td style="width: 50%;"><a href="https://www.businessinsider.com/personal-finance/etoro-investing-review" target="_blank" rel="noopener">eToro USA</a></td><td style="width: 50%;">15+ crypto assets, wallet storage, Copy Portfolios, video tutorials, and educational resources</td></tr><tr><td style="width: 50%;"><a href="https://www.businessinsider.com/personal-finance/binanceus-investing-review" target="_blank" rel="noopener">Binance.US</a></td><td style="width: 50%;">More than 50 cryptocurrencies, staking rewards, over-the-counter trading, and institutional services</td></tr><tr><td style="width: 50%;"><a href="https://www.businessinsider.com/personal-finance/sofi-invest-review" target="_blank" rel="noopener">SoFi</a></td><td style="width: 50%;">Commission-free stock and ETF trading, automated accounts, IRAs, and 20+ crypto assets</td></tr></tbody></table><h3>Brokerages</h3>Traditional online brokerages that offer cryptocurrencies are few, but more options are becoming available for crypto-oriented traders. Online brokerages usually don't offer as many cryptocurrencies as crypto exchanges (nor do they provide interest-earning account perks like staking). If you're looking for a wider range of assets and account options, crypto exchanges might be a more beneficial option to consider.So why should you choose a broker?You should choose a broker if you're looking to trade a variety of asset types under the same roof. TradeStation offers cryptocurrencies in addition to its selection of stocks, ETFs, options, bonds, and mutual funds.<a href="https://www.businessinsider.com/is-robinhood-safe" target="_blank" rel="noopener">Robinhood</a> - another online brokerage - has a smaller investment selection, but you can trade cryptocurrencies commission-free. TradeStation, however, charges up to 0.30% for trades.As mentioned above, more online brokerages are offering cryptocurrencies. Online brokerages are investment platforms that let you buy assets like stocks, bonds, ETFs, options, and mutual funds. Brokerages also offer accounts like IRAs, 529 college savings plans, and trusts.<h2>2. Fund your account</h2>After you've chosen a crypto exchange or online broker, you'll need to fund your account to begin trading. "Although it differs by platform, most crypto exchanges allow users to purchase crypto using fiat currencies such as the US Dollar or the Euro using their debit or credit cards," says Marie Tatibouet, chief marketing officer at <a href="https://www.gate.io/" target="_blank" rel="noopener">Gate.io</a>.Tatibouet adds that you can usually either use Visa or Mastercard bank cards to make purchases. However, <a href="https://www.businessinsider.com/buy-bitcoin-with-credit-card" target="_blank" rel="noopener">crypto purchases with credit cards</a> are especially risky and some exchanges, such as Coinbase, don't support them. Some credit card companies don't allow crypto transactions either. Cryptocurrencies are highly <a href="https://www.businessinsider.com/what-is-volatility" target="_blank" rel="noopener">volatile</a> assets, and it may not be the best idea to risk going into debt - or potentially paying high credit card transaction fees - for certain assets.Another option platforms typically accept is ACH transfers and wire transfers, but the accepted payment methods and time it takes for deposits or withdrawals differs per platform (and not all exchanges accept credit cards).Plus, the time it takes for deposits to settle varies for different payment methods. For instance, ACH transfers at Coinbase take three-to-five business days. However, debit card transfers are instant, but wire transfers can take one-to-three days.Another thing to look out for is fees. You may run into deposit/withdrawal transaction fees in addition to trading fees. And the fees you pay for funding or withdrawing from your account typically depend on your payment method.For instance, Coinbase charges a 3.99% fee for debit card transactions, and it charges $10 for wire transfers. ACH transfers, however, are free. These fees vary per exchange, so you'll want to pay close attention to each platform's prices before you get started.<h2>3. Place an order</h2>You can usually place an order with the click of a button on your broker's or exchange's web or mobile platform. If you're planning to buy cryptocurrencies, you can do so by selecting "buy," choosing the order type, entering the amount of cryptocurrencies you'd like to purchase, and confirming the order. The same process applies to "sell" orders.But when it comes to transactions, the type of order you select affects the price at which your order is executed. There are generally three types of orders: market orders, <a href="https://www.businessinsider.com/what-is-a-limit-order" target="_blank" rel="noopener">limit orders</a>, and <a href="https://www.businessinsider.com/stop-order" target="_blank" rel="noopener">stop orders</a>.In general, you'll basically have all the order options available if you were buying any other asset. "The three most popular order types used by global exchanges are spot, margin, and futures trading," says Tatibouet. Spot trading is when users place "buy" or "sell" orders on the open market to be filled as soon as the price hits their specific target."Margin trading is where users are able to trade in larger quantities than they can afford to by 'borrowing' funds from others, with many exchanges allowing a multiple of up to 20 times the trader's capital," says Tatibouet. "Finally, futures trading is when two parties agree on a specified price at a specified future date on any supported cryptocurrency."<h2>4. Select a storage method for your assets</h2>After you've purchased your cryptocurrency, you'll need to store it in a safe place to protect it from hacks or theft.This is where cryptocurrency wallets come in. A crypto wallet is a physical device or online software used to securely store the private keys to your cryptocurrencies. Some exchanges offer built-in wallet services, making it easy for you to store directly though the platform. But all exchanges or brokers don't automatically provide wallet services for you.Quick tip: If your exchange doesn't offer a wallet, you may need to set up one with a personal wallet service. If your exchange doesn't offer a wallet, you may need to set up one with a personal wallet service. There are several different types of providers and may charge fees depending on if it's a hot or cold wallet. For example, cold wallets always generally charge fees, while hot wallets generally don't.There are quite a few <a href="https://www.businessinsider.com/personal-finance/best-bitcoin-wallet" target="_blank" rel="noopener">wallet providers</a> to choose from, where you'll have the choice between two custody options: <ul><li>Hot wallet storage: The phrase "hot wallet" describes a form of crypto storage that utilizes online software to protect the private keys to your assets.</li><li>Cold wallet storage: Unlike hot wallets, cold wallets (also known as hardware wallets) rely on offline electronic devices to securely store your private keys.</li></ul><h2>Other ways to invest in crypto</h2>You'll also have multiple other options to choose from when it comes to buying crypto. In the past year, payment services like PayPal, Cash App, and Venmo all expanded their accepted payment options, allowing you to buy, sell, or hold cryptocurrencies like bitcoin.In addition, you can throw your hat in the crypto ring by utilizing the following vehicles:<ul><li>Bitcoin trusts: You can buy shares of bitcoin trusts with a regular brokerage account. These vehicles essentially give retail investors crypto access through the stock market. </li><li>Bitcoin mutual funds: Though bitcoin ETFs are still under SEC speculation, two bitcoin mutual funds have launched: The Bitcoin Strategy ProFund (BTCFX) and the Cboe Vest Bitcoin Strategy Managed Volatility Fund (BTCVX). </li><li>Blockchain stocks or ETFs: You can also indirectly invest in crypto through blockchain companies that specialize in the technology component of crypto and crypto transactions. Another option is to buy stocks or ETFs of companies that utilize blockchain technology.</li></ul>Overall, you'll have so many options for exposing your portfolio to crypto assets. The best option for you, however, depends on your goals and risk tolerance.<h2>Is crypto a good investment?</h2>Cryptocurrencies have many advantages. For one, you can buy them 24/7, so you won't be limited to trading during <a href="https://www.businessinsider.com/stock-market-hours" target="_blank" rel="noopener">set hours</a> like regular stock exchanges that open from 9:30 a.m. to 4 p.m. ET. Prices also regularly fluctuate by large percentages, opening the door for big returns if that price swing falls in your favor.But this volatility is also what makes cryptocurrencies a <a href="https://www.businessinsider.com/what-is-speculation" target="_blank" rel="noopener">speculative</a> investment. In fact, even more passive crypto tactics like staking aren't completely immune to loss, nor are virtual assets absolutely invulnerable to cybersecurity threats. Finally, many exchanges have geographic restrictions, meaning they don't serve residents in certain states because of regulatory reasons. Before you get started, you'll want to make sure your exchange is available in your region. <h2>The financial takeaway</h2>You'll have a number of options - such as crypto exchanges, online brokerages, and even payment services - when it comes to buying and selling cryptocurrencies. And in most cases, you can fund your account with credit or debit card deposits, ACH transfers, or wire transfers (though many exchanges also accept crypto deposits). But it's important to choose the right place to buy your crypto. From online brokerages - like <a href="https://www.businessinsider.com/personal-finance/robinhood-investing-review" target="_blank" rel="noopener">Robinhood</a>, <a href="https://www.businessinsider.com/personal-finance/tradestation-review" target="_blank" rel="noopener">TradeStation</a>, and <a href="https://www.businessinsider.com/personal-finance/webull-investing-review" target="_blank" rel="noopener">Webull</a> - to crypto exchanges like <a href="https://www.businessinsider.com/personal-finance/coinbase-investing-review" target="_blank" rel="noopener">Coinbase</a> or <a href="https://www.businessinsider.com/personal-finance/gemini-review" target="_blank" rel="noopener">Gemini</a>, you'll have an array of avenues to utilize when purchasing crypto for the first time. After you've set up and funded your crypto account, be sure to familiarize yourself with the different types of trading orders as these can influence the final price you'll pay for different assets. And although storage for crypto assets isn't mandatory, it can be useful in securing your holdings against cyber attacks or other threats.<a data-type="602bff0506adf848107b0559">What are the safest investments? 7 low-risk places to put your money - and what makes them so</a><a data-type="610ae71ab0b35f330c4d0734">Altcoins are the alternative digital currencies to bitcoin - here's what they are and how they work</a><a data-type="5fa43502e155cf25f6721a1d">What is diversification? A portfolio strategy that uses a variety of investments to limit risk</a><a data-type="600f72e1fdb68e08982d5365">A bitcoin IRA lets you profit from the cryptocurrency's potential gains in a tax-advantaged way</a>

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