Open Beta  


  Home
  Earn
  Market
  Trade
  Companies
  Politics
Press
Top articles
Game fund
Assets
Browse assets
Financial markets


  

Overview
    1.1 About CoinRepublik
    1.2 Basic indicators
    1.3 Press and comments
    1.4 Financial markets
    1.5 Game fund
    1.6 CoinRepublik token
    1.7 Afiliates
    1.8 Personal profile
    1.9 Premium citizens
    1.10 Travel, citizenship
      
2. Inventory
    2.1 Coins
    2.2 Products
    2.3 Shares
    2.4 Bonds
      
3. Earn
    3.1 Workplaces
    3.2 Faucets
    3.3 Social networks
    3.4 Loans
    3.5 Pay to click (PTC)
      
4. Market
    4.1 Overview
    4.2 Products
    4.3 Assets
    4.4 Financial market
      
5. Trade
    5.1 Overview
    5.2 Margin markets
    5.3 Options
    5.4 Financial bets
    5.5 Bets
      
6. Companies
    6.1 Overview
    6.2 Starting and costs
    6.3 Production licences
    6.4 Workplaces
    6.5 Production process
    6.6 Shares and dividends
      
7. Politics
    7.1 Overview
    7.2 Congress
    7.3 Political parties
    7.4 Army
    7.5 War
      
 
1.4 Financial market

In CoinRepublik there are three types of coins in circulation. USD, cryptocurrencies and national currencies. Both USD and national currencies can be deposited or withdrawn from the game. National currencies circulate only within the game and can be bought or sold for USD through the financial market.
 
For each country there is a national currency except for countries that share the same currency as the EURO. For each currency there is a different financial market and a different exchange rate against the USD. There are thus over 150 different financial markets.
 
 
Do not confuse the national currency USD with the USD which can be withdrawn in real money. The national USD currency can be exchanged for only 0.01 USD and cannot be withdrawn in real money.    
 
 
The purpose of the financial market is to allow players to trade quickly between the real USD and the national currencies or vice versa. On the financial market you can sell real USD for any national currency or you can buy real USD with national currencies. It is a very important facility especially for those who have received taxes from affiliates in national currencies and want to change them into real USD. Not only players have access to this market but also governments that can sell or buy real USD.
 
Another important aspect of the market is how the exchange rate changes. The financial market is what we call an automatic market. In an automatic market the price increases / decreases automatically after each transaction. In the case of the financial market for every USD bought, the price increases by 0.01 and for every USD sold, the price decreases by 0.01. Subunit quantities can also be sold, in which case the price changes accordingly. For example, for every $ 0.01 sold, the price decreases by 0.0001.
 
 
Transactions on the financial market involve a fee of 1%. When you buy USD, you will pay the fee to the bottom of the game. When you sell USD you will pay the tax to the state budget.    
 
 
To access the financial market go to the Financial Market page in the Home section. There you can choose which currency to trade. The minimum amount that can be traded is 0.01 USD. Go to the inventory / coins area to see the new balance you have (for national currencies).




 

Overview
Press
Game Fund
The Token
Financial Markets
Ranks
Earn
Workplaces
Faucets
Bounties
Loans
PTC
Market
Cigars
Drinks
Food
Wine
Clothes
Jewelry
Cars
Houses
Coupons
Tickets
 
Trade
Margin markets
Options
Financial bets
Companies
Browse companies
Open company
My Companies
Politics
Overview
Laws
Budget
Parties
Congress
Countries
Army
Legal
Terms
Privacy policy
Refund policy
Contact
 
 
Transactions in derivatives based on foreign exchange rates or the prices of precious metals, commodities or equity indices products carry a high degree of risk. Any transaction involving these products is exposed to, among other things, changes in a country's economic condition or political climate as well as acts of nature or terrorism - each of which may substantially affect the price or availability of the these derivatives. Speculative trading in derivate products is a challenging prospect with a high level of risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to trading these products. Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a magnified effect on your deposited funds. This can work against you as well as for you. The possibility exists that you could sustain a total loss of all the funds you have deposited. PipsTycoon's trading system is designed to automatically liquidate all open positions if your margin deposit is in jeopardy so that you cannot lose more than the funds you have on deposit in your account. We encourage you to employ such risk-reducing strategies as 'stop-loss' or 'stop-limit' orders, but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are also risks associated with using an Internet-based trade execution software application including, but not limited to, the failure of hardware and software. ANNO1777 Labs maintains ‘back up’ systems and contingency plans to minimise the possibility of system failure. Before deciding to trade, you should become aware of all the risks associated with leveraged productstrading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to your trading operations any direct, indirect, special, consequential or incidental damages whatsoever.
Copyright 2019 ANNO1777 Labs. All rights reserved.