How cryptocurrency trading works on the exchange

Currencies are the primary and only asset used in forex trading, so it would be surprising if brokers didn't offer their clients the opportunity to trade liquid cryptocurrencies.

The latter's immense popularity offers an excellent opportunity to profit from the difference in bid and ask rates.

Moreover, many investors have become disillusioned with specialized intermediary exchanges that offer similar services.

The advantages of trading through brokers are obvious; listing them all would take many pages.

Here are the main ones: a professional trading platform, leverage, free analytics, trade signals, risk hedging, automated trading, etc.

Beginner traders typically have a ton of questions:

•     Who provides the opportunity to trade cryptocurrencies on Forex?
•     What is a trading platform?
•     Where can I learn trading and how much does it cost?

In this article we will try to answer these and other questions.

Who provides the opportunity to trade cryptocurrencies?.

Trading is carried out through brokers who place your trades on the interbank market and charge a commission (spread) for this, which is essentially the difference between the buy and sell price.

It's worth noting that these companies' commissions are several times lower than those on specialized exchanges, and trades are executed 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, fund your account, and you can start earning on digital instruments. The terminal settings are easy to understand, even for beginners, 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, which is also the most convenient.

After selecting your preferred currency, a price chart will open, showing the historical price movements and allowing you to assess the outlook.

Trades are opened with a single click in the trading platform window. You can also set up automatic order opening and closing based on specified parameters. A more detailed description of the MetaTrader 4 terminal can be found here: http://time-forex.com/osnovy/metatrader-4

The terminal is free and can be downloaded from your broker.

Cryptocurrency trading training.

There are now numerous courses that will teach you how to trade cryptocurrencies for a significant fee, typically ranging from $100 to $1,000 per course.

There's no need to attend these courses; they'll only teach you basic skills about working with exchanges and the factors that influence currency prices.

All this knowledge is completely free; almost every broker offers free trading training courses, and there are also numerous webinars on broker websites. Why pay when you can invest the money in cryptocurrency trading on Forex?

Get free signals for profitable trading - http://time-forex.com/sovet/signal-kripto