Online platform for trading cryptocurrencies
The emergence of trading platforms has dramatically increased the popularity of stock trading, making it accessible to anyone.
If we take the stock market as an example, the first thing that comes to mind is the Quik trading terminal. In the case of the forex market, it's the MetaTrader 4 or MetaTrader 5 terminal.
Regardless, traders trading on these two global markets have a professional environment for market analysis, strategy development, automation, and, most importantly, implementation.
Unfortunately, traditional cryptocurrency trading lacks such functionality, as even the largest centers offer a simple candlestick chart with a couple of time frames.
Naturally, in such conditions, traders seeking effective and profitable trading must resort to auxiliary online platforms that assist in market analysis.
One such trading platform is Libertex, created by Forex Club for its own clients.
Description of the Libertex online platform:
After the emergence of cryptocurrencies, very few exchange brokers offered the ability to trade these assets.
Consequently, for many years, the cryptocurrency exchange infrastructure lived a separate life and saw little development.
However, with increasing popularity and, most importantly, increased liquidity, traditional brokers also began to integrate cryptocurrencies, along with currency pairs, into their trading platforms.
Thus, after the introduction of cryptocurrencies, Libertex became not only a universal online platform but also a haven for all crypto traders.
To use the Forex Club online platform, you don't need to trade on a real account; opening a demo account will not change the platform's functionality.
After registration and the first launch, you will receive a mixed list of assets, including both currency pairs and cryptocurrency stocks. To display only cryptocurrencies in the top row, click the corresponding group.
The online cryptocurrency trading platform offers approximately 25 of the most liquid assets, which are truly popular among traders.
Therefore, you can trade not only Bitcoin, Ripple, and Litecoin, but also buy cryptocurrencies such as Tron, OmiseGO, NEO, IOTA, and many others.
Full use of the online trading platform and its analytical capabilities are only available after switching the chart to full-screen mode.
To do this, click the "Full Screen Mode" icon in the right corner of the chart.
Once the cryptocurrency chart opens in full screen, graphical analysis tools are available.
These include trend lines, Gann, and Fibonacci tools, as well as chart markup and annotations.
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's worth noting that by default, you can apply approximately 19 trend indicators, 13 oscillators, and 8 volatility indicators.
This gives traders 40 different indicators at their disposal, enabling them to build a comprehensive trading strategy and analyze all market characteristics.
Forex trading indicators - http://time-forex.com/indikators
All indicators are categorized into groups, which undoubtedly simplifies the process of finding the necessary instrument and adding it to the chart.
In conclusion, it's worth noting that the online cryptocurrency trading platform not only allows for effective trading and asset analysis, but also allows you to stay up-to-date on market developments using your smartphone or tablet.
Learn more about 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
