Cryptocurrency Trading

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Cryptocurrency trading is generally traded in cryptocurrency transactions. Like Forex, you can buy and sell Bitcoin, Lightcoin. Apart from mining, you can get involved in the world of cryptocurrency through crypto trading.

Types of cryptocurrencies,

1.Bitcoin

  • Bitcoin started its journey in 2009, which is now the most popular cryptocurrency in the world. Bitcoin is managed in a completely decentralized manner through peer-to-peer technology without the supervision and management of any central bank or institution in the world. The main component is the blockchain, which is the digital ledger of all the transactions of its users.

2.Lightcoin

  • Like Bitcoin, Lightcoin was created in 2011, but its transactions are faster. It has many more benefits including segregated witnesses and lightning networks which are making it more popular day by day.

3.Etherium

  • Although Etherium was launched in 2013, it has surpassed Lightcoin in popularity. Currently, after Bitcoin, Ethereum is the most used cryptocurrency. Ethereum transactions are even faster. It has "if-then" contract system with smart contact facility.

Margins and Leverage of Crypto-Trading

In margin trading, after you buy and sell a cryptocurrency relative to your fund, it indicates how much funds are left for later trading.

In Leverage Trading, the funds that you do not have to trade can be borrowed from a liquidity provider. Crypto-trading services typically allow you to use a 1 ঃ 10 leverage, which means you are allowed to borrow for every dollar you trade. As a result, there are additional risks, as well as huge profits.

Cryptocurrency CFD (Contract for Difference)

Nature Forex gives you the facility to trade in Bitcoin, Lightcoin and Etherium CFD, through which you can profit by trading without accepting cryptocurrency. A crypto CFD is a contract or agreement between a buyer and a seller, through which the seller pays the buyer based on the difference between the current currency of the crypto asset and the currency at the end of the contract.

Crypto CFDs are more expensive and less personal, providing reliability and simplicity for use by traders trying to make money from cryptocurrency viruses.

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