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Understanding Currency Pairs and Exchange Rates

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Time Stamp: April 5, 2024 2:05 PM - Modified On: April 6, 2024 - Published By:
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Republished By Plato

In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Walking the Tightrope

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Time Stamp: November 15, 2023 5:02 AM - Modified On: November 15, 2023 - Published By:
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As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for

Paribus (PBX) Announces Multichain Integration and Partnership

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Time Stamp: August 25, 2022 5:03 AM - Modified On: August 25, 2022 - Published By:
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Miami August 2022. As our regular readers know we’ve been using the extra time our testnet deployment afforded us to equip Paribus with the optimal conditions for our mainnet launch. As part of that process, we’re absolutely thrilled to share with the community that we’ve partnered with Multichain so that our PBX token can now be bridged to Arbitrum, Milkomeda, and Polygon. Cross-chain interoperability has always been at the heart of everything we hope to achieve and it’s incredible that we’ve already reached this milestone. Development teams from both Paribus