How to trade cryptocurrencies on the exchange
The main and only asset used for trading on Forex is currencies, so it would be strange if brokers did not provide their clients with the opportunity to trade liquid cryptocurrencies.
The enormous popularity of the latter is an excellent opportunity to make money on the difference in selling and buying rates.
Moreover, many investors have already become disillusioned with specialized intermediary exchanges that provide similar services.
The advantages of stock trading through brokers are obvious, but listing them would take more than one page.
Here are the main ones - a professional trading platform, leverage, free analytics, signals for opening transactions, risk insurance, automatic trading, etc.
Usually, novice traders have a lot of questions:
- Who provides the opportunity to trade cryptocurrencies on Forex?
- What is the trading platform?
- Where to learn trading and how much does it cost?
Who provides the opportunity to trade cryptocurrencies.
Trading is carried out through brokers who bring your transactions to the interbank market and charge a commission (spread) for this, in essence this is the simple difference between buying and selling.
It should be noted that the amount of commissions from these companies is several times less than on special exchanges, and transactions are carried out in a fraction of a second.
To start trading you need to choose a cryptocurrency broker - http://time-forex.com/kriptovaluty/brokery-kriptovalut
Register and download the trading terminal, top up your account and you can earn money on digital instruments. The terminal settings are clear even to a beginner, so you can learn the basics in just a couple of days.
Trading platform for Forex trading.
The most common option is the MetaTrader 4 trading platform; in fact, it is also the most convenient option.
After selecting the currency you like, a rate chart will open in front of you, where you will see the history of price changes and be able to evaluate the prospects.
Transactions are opened by pressing one button in the window of the trading platform; you can also configure the automatic opening (closing) of orders according to specified parameters. You will find a more detailed description of the Metatrader 4 terminal here - http://time-forex.com/osnovy/metatrader-4
The terminal is provided free of charge and can be downloaded from your broker.
Cryptocurrency trading training.
Now there are a lot of courses that will teach you how to trade cryptocurrencies for a lot of money, usually the cost of training ranges from 100 to 1000 dollars per course.
There is no need to attend such courses; in them you will only gain basic skills in working with exchanges and learn the factors that influence the price of a currency.
All this knowledge can be obtained completely free of charge; almost every broker conducts free trading training courses, and there are also a large number of webinars on brokers’ websites. Why pay if this money can also be invested in trading cryptocurrencies on Forex.
Get free signals for profitable trading - http://time-forex.com/sovet/signal-kripto