LOADING...
Trading is a common economic concept that involves the exchange of goods and services between trading parties. However, trading in cryptocurrency is a bit different from trading in any other asset. Primarily, a cryptocurrency refers to a digital asset that’s secured by cryptography, making it nearly impossible to counterfeit or double-spend. Moreover, due to this digital asset’s volatile nature, cryptocurrency has been a popular asset for trading.
Cryptocurrencies are the digital alternative to traditional currencies; allowing for fast, decentralised, anonymous payments across the world. The major benefit of trading crypto against the US dollar is that traders can potentially profit from the market’s drop in value, as well as a rise. The possibility of losses is just as great, making a solid risk-reward ratio all the more essential.
Cryptos are a high-volatility instrument and are known for their rapid price swings. They gain in value as they reach greater adoption and falling on news of possible government regulation and security concerns.
Trading is a common economic concept that involves the exchange of goods and services between trading parties. However, trading in cryptocurrency is a bit different from trading in any other asset. Primarily, a cryptocurrency refers to a digital asset that’s secured by cryptography, making it nearly impossible to counterfeit or double-spend. Moreover, due to this digital asset’s volatile nature, cryptocurrency has been a popular asset for trading.
Cryptocurrencies are the digital alternative to traditional currencies; allowing for fast, decentralised, anonymous payments across the world. The major benefit of trading crypto against the US dollar is that traders can potentially profit from the market’s drop in value, as well as a rise. The possibility of losses is just as great, making a solid risk-reward ratio all the more essential.
Cryptos are a high-volatility instrument and are known for their rapid price swings. They gain in value as they reach greater adoption and falling on news of possible government regulation and security concerns.
Connect with other traders in the world’s leading social trading network
