What is cryptocurrency trading? |
Üdvözöllek a Fórumban! ( Bejelentkezés | Regisztráció )
What is cryptocurrency trading? |
Guest_Guest_donaldrsimonn_*_* |
Jul 17 2022, 10:56 AM
Létrehozva:
#1
|
Guests |
Unlike the forex market, the crypto market is still young—it’s only a little over 11 years old. Cryptocurrencies, by definition, are digital assets, so the market deals exclusively with digital assets.The crypto market quickly blossomed in the recent decade due to the rise of various altcoins and the establishment of many prominent exchanges and marketplaces.Compared to forex’s $5.3 trillion daily average, the crypto market has a daily volume of around $100 billion—it’s puny compared to forex, but $100 billion is still a lot of money. Most of this money is traded through exchanges. Although OTC trading for crypto exists, the use of exchanges is still the most prominent way to trade bitcoin and other cryptos.Crypto exchanges are always open—24/7/365. However, the trading regulations for these exchanges vary depending on the ways in which different countries perceive and understand cryptocurrencies.
|
|
|
Ma, 08:29 PM
Létrehozva:
#2
|
|
Member Csoport: Members Hozzászólások: 16 Csatlakozott: 25-March 23 Azonosító: 5,749 |
Do you trust your trading platform to offer you the results you expect? Being able to trust the accuracy of the quoted prices, the speed of data transfer and the fast execution of orders is essential to be able to trade Forex successfully. Even more so, if you plan to use very short-term strategies, such as scalping. The information must be available in real-time and the platform must be available at all times when the Forex market is open. This ensures that you can take advantage of any opportunity that presents itself.
Will your funds and personal information be protected? A reputable Forex broker and a good Forex trading platform will take steps to ensure the security of your information, along with the ability to back up all key account information. It will also segregate your funds from its own funds. If a broker cannot demonstrate the steps they will take to protect your account balance, it is better to find another broker. One of the benefits of Forex trading is the ability to open a position and set an automatic stop loss and profit level at which the trade will be closed. This is a key concept for those learning Forex For beginners. The most sophisticated platforms should have the functionality to carry out trading strategies on your behalf, once you have defined the parameters for these strategies. |
|
|
Szöveges verzió | A pontos idő: 4th September 2024 - 11:19 PM |