Online platform for trading cryptocurrencies
The emergence of trading platforms has greatly increased the popularity of stock trading, making it accessible to anyone.
If we take the stock market as an example, the first thing you remember is the Quick trading terminal, in the case of the foreign exchange market - the MetaTrader 4 or MetaTrader 5 terminal. One way or another,
traders trading on these two global markets have a professional environment for analyzing the market, building strategies, automation and most importantly, implementation of these strategies.
Unfortunately, classic cryptocurrency trading does not have such functionality, because even the largest centers provide a simple candlestick chart with a couple of time frames.
Naturally, in such conditions, traders who want to conduct effective and profitable trading have to resort to auxiliary online platforms that help in market analysis.
One of such trading platforms is Libertex, a platform created by Forex Club for its own clients.
Description of the capabilities of the Libertex online platform
After the advent of cryptocurrencies, very few stock brokers provided the opportunity to trade this asset.
As a result, for many years the cryptocurrency exchange infrastructure lived a separate life and practically did not develop.
However, with the increase in popularity, and most importantly, the increase in liquidity, classic brokers also began to introduce cryptocurrencies along with currency pairs into their trading platforms.
Thus, after the introduction of cryptocurrencies, Libertex became not just a universal online platform, but also a haven for all crypto traders.
In order to use the online platform from Forex Club, it is not necessary to trade on a real account; after opening a demo account the functionality of the platform will not change.
After registration and the first launch, you will receive a mixed list of assets, which will contain both currency pairs and shares with cryptocurrencies.
To display only cryptocurrencies in the top line, click on the corresponding group.
The online platform for trading cryptocurrency contains about 25 of the most liquid assets, which are really popular among traders.
Thus, you can trade not only Bitcoin, Ripple and Litecoin, but also purchase cryptocurrencies such as Tron, OmiseGO, NEO, IOTA and a number of others.
A full mode of using the online trading platform and analysis functionality are available only after switching the chart operating mode to full screen.
To do this, click on the icon in the right corner of the chart that says: “Full screen mode”.
After the cryptocurrency chart opens in full screen, graphical analysis tools will be available to you.
Among the tools, you can use trend lines, Gann, Fibonacci tools, and also make graphical markings of the chart leaving various notes.
Also, in addition to working with graphical analysis and graphical objects on the chart, the online platform allows you to use technical indicators in your trading.
It is worth noting that by default you can use about 19 trend indicators, 13 oscillators, and 8 volatility indicators.
Thus, a trader may have 40 different indicators at his disposal, on the basis of which he can build a full-fledged trading strategy and analyze all the qualitative characteristics of the market.
Indicators for Forex trading - http://time-forex.com/indikators
All indicators are divided into groups, which undoubtedly simplifies the process of finding the required instrument and adding it to the chart.
In conclusion, it is worth noting that the online cryptocurrency trading platform allows you not only to conduct effective trading and analysis of asset data, but also to always be aware of what is happening on the market using a smartphone or tablet.
Go to get acquainted with the Libertex platform on the broker's website .
You can also use other platforms provided by cryptocurrency brokers to trade cryptocurrencies - https://time-forex.com/kriptovaluty/brokery-kriptovalut