Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
Reply to thread
Results 1 to 2 of 2

Thread: Permitted Currency

  1. #1 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Will work for pips
    I am:
     
    Imranshahbaz will become famous soon enough Imranshahbaz's Avatar
    Join Date
    Jan 2021
    Posts
    72
    Accumulated bonus
    114 USD (What is this?)
    Thanks
    3
    Thanked 54 Times in 36 Posts
    SubscribeSubscribe
    Subsribed 2

    Default Permitted Currency

    hey, everyone. this post will discuss permitted currency so here we goA permitted currency is one that is not subject to any legal or regulatory restrictions that prevent it from being traded for or converted into another. Countries with permissible currencies have easier access to foreign trade and finance.

    Because of the lack of government regulations regulating its trade, a licensed currency is usually a minor currency that has a reasonably active demand for foreign exchanges with major currencies.
    Since the permitted currency is more liquid, transactions between a major currency, such as the US dollar, and a permitted currency are easier than those between a major currency and a tightly regulated currency. Furthermore, certain transactions necessitate payment in a major currency.
    Permitted currencies and other convertible currencies are typically very liquid, reducing volatility and, as a result, transaction risk. As global trade expands, currency convertibility becomes increasingly relevant.

    good luck all

    ---------- Post added at 04:13 PM ---------- Previous post was at 03:06 PM ----------

    Quote Originally Posted by Imranshahbaz     
    hey, everyone. this post will discuss permitted currency so here we goA permitted currency is one that is not subject to any legal or regulatory restrictions that prevent it from being traded for or converted into another. Countries with permissible currencies have easier access to foreign trade and finance.

    Because of the lack of government regulations regulating its trade, a licensed currency is usually a minor currency that has a reasonably active demand for foreign exchanges with major currencies.
    Since the permitted currency is more liquid, transactions between a major currency, such as the US dollar, and a permitted currency are easier than those between a major currency and a tightly regulated currency. Furthermore, certain transactions necessitate payment in a major currency.
    Permitted currencies and other convertible currencies are typically very liquid, reducing volatility and, as a result, transaction risk. As global trade expands, currency convertibility becomes increasingly relevant.

    good luck all
    HEY if someone just wants to get that idea about permitted currency I just summarize the whole post in few lines you can read this and get an idea so here is the summary

    A permitted currency is freely convertible into other currencies and is frequently exchanged on foreign exchange markets.
    Permitted currencies, like minor forex currencies, typically refer to smaller economies.
    A permitted currency is one that is free of regulations and limitations, allowing the nation to access global finance and trade more easily.

    you are welcome in advance

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. The Following User Says Thank You to Imranshahbaz For This Useful Post:

    Hussnainirshad (08-04-2021)

  3. #2 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Will work for pips
    I am:
     
    Ahmad777 is on a distinguished road Ahmad777's Avatar
    Join Date
    Dec 2020
    Posts
    63
    Accumulated bonus
    213 USD (What is this?)
    Thanks
    10
    Thanked 10 Times in 10 Posts
    SubscribeSubscribe
    Subsribed 0
    Dear gentleman trader permittable currencies are easy to use as of there is no restriction and risk involve in that and a trader is more than happy to accept the currency which has formal license and is legal by the backing authorities with these kind of permissioned currencies the stress factor could mess out of way of trader which hurdles them financially in any problem without the licensing of major currencies. For the easier assess to trade on foreign currencies the legality of the currency matters in taking the access of currency comfortably and hassle free. Regarding the liquidity of market major currencies acts as a saviour for trader then any other minor thick liquid currency which ain't allows a much easier transaction hence it is full of restrictions.
    " You never lost either you win or you learn".


  4. The Following User Says Thank You to Ahmad777 For This Useful Post:

    Hussnainirshad (08-04-2021)

Reply to thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts