How to open an FBS account?
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
How to activate Level Up Bonus?
Open Level Up Bonus account in web or mobile version of FBS Personal Area and get up to $140 free to your account.
DEFINITION of Ethereum
Proposed in late 2013 by Canada-based cryptocurrency researcher and programmer Vitalik Buterin, Ethereum is an open blockchain platform that enables Smart Contracts and lets anyone build and use decentralized applications running on blockchain technology. Like in case of Bitcoin, no one controls or owns Ethereum – it is an open-source project built by many people globally. But in contrast to Bitcoin protocol, Ethereum was designed to be adaptable and flexible. Moreover, it is an all-purpose programming language with its own blockchain that makes it is easy to create and publish new distributed applications on its specific platform.
BREAKING DOWN Ethereum
The applications on Ethereum are run in an absolutely transparent manner, without any input from central authorities, achieved with the help of Smart Contracts. The cryptocurrency that fuels Ethereum ecosystem is called Ether. It is used as a token for Ethereum-platform-based utilities, as a currency to pay for goods and services, and also as an investment. Since its launch on June 30, 2015, it has been steadily gaining popularity. Ether is more than a currency as it is also used inside Ethereum to run applications and even to monetize work. As Ethereum approaches mass adoption, many believe that the value of Ether will increase dramatically. While there are no shareholder’s rights or dividends through ownership of Ether and it is not a security, taking part in Ethereum project is a good investment of funds. Within less then tree years of its existence, Ether (ETH) is now second only to Bitcoin on the cryptocurrency market capitalization list. Some Altcoins have managed to reach a certain degree of success, but none of them have achieved the heights of Ethereum.
Ethereum platform has been so popular, that even enjoyed Microsoft’s attention, when it announced the launch of Ethereum Blockchain as a Service (EBaaS) based on the Microsoft Azure platform back in November 2015.
2022-04-05 • Updated