The Free Press Journal

Tips before investing in cryptocurr­encies

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Evaluate the risk while dealing in a volatile new asset class. Observe the price trends. Know Anti-Money Laundering (AML) policies. Understand­ing technical indicators before investing in cr yptocurren­cy.

It is not a legal tender but one can trade it legally in trading platforms. Cross-border transactio­ns have to be done very carefully.

The lack of an appropriat­e classifica­tion of this asset class.

Invest in understand­ing tax liability.

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