The cryptocurrency statement created by combining the words crypto and currency means crypto (encrypted) money. Crypto money refers to the virtual currency used by the Internet, which is not connected to any central authority or brokerage house. Crypto coins are named only because they can be removed and used from virtual wallets where they are placed using certain passwords. With crypto currencies, individuals or institutions can spend money, just as they do with real money, or accept money. Crypto coins are popular around the world in recent times. There are more than a thousand types of crypto money in the market today. Some of these coins are: Bitcoin. Ethereum, Ripple, Litecoin, Dash, Monero, Neo, Moisture. They are virtual only because they are registered in the computer system. In other words, these currencies are not physically available, such as the US dollar or Euro. Crypto coins do not have any value, such as precious metals, from the value of metals or from government-like money. Its value stems from the fact that its users accept it as an exchange tool or see it as a commodity. Its value is determined by the conditions of supply and demand in the market, just like in other currencies or commodities. Crypto coins are currencies that are not subject to any center. In addition to being not subject to any center, they are widely used in trade, daily life and financial markets.
Investing with Crypto Money
One of the features that distinguishes Forex markets from other financial markets is the wide range of products. In the Forex market, investors are able to invest in crypto money, which is popular financial instruments recently, as well as currency pairs, commodities and world stock indices. Investing in crypto coins is carried out with the same strategy as currency pairs, commodities and world stock indices. If there is a forecast that the price increase will be realized in crypto coins, for example bitcoin, we will make a profit from our investment in BTCUSD crypto currency as a result of taking the long position in BTCUSD financial instrument. If we have a forecast for the price reduction in the BTCUSD financial instrument, we will make a profit from the investment we made in the BTCUSD crypto currency if our forecast is realized by taking a short position in the BTCUSD financial instrument. Crypto currencies are quite many. It is possible to make 5/24 investment in crypto coins. Financial transactions such as funding or withdrawal can be carried out 24 hours a day with 24/7 crypto currency .
Leverage in Investment with Crypto Money
One of the most important features that distinguishes Forex markets from many financial markets is the leverage advantage. Leverage is the advantage of having a certain size position in line with the leverage ratio of the available capital. The advantage of the leverage in the Forex market is that many investors contribute to the creation of an efficient market with low funding. In crypto currencies, leverage is to bring the collateral rates of the investors who want to invest in crypto money by reducing the current price of crypto money to a more attractive level. For example, with the advantage of a BTCUSD 6000 USD leverage, BTCUSD offers the advantage of being able to open a lot of 0.01 lot micro lot position with a 1 USD position collateral with 300 USD guarantee in the crypto currency.
Crypto Money Types
In globalized world, interest and demand to crypto currencies are increasing day by day in financial markets. Although crypto coins are not officially traded in organized markets, they are recognized by every sector and state on a global scale. Main crypto currencies are Bitcoin (BTC), Ethereum (ETC), Ripple (XRP), Tron (TRX), Lite coin (LTC), IOTA (MIOTA), and Dash (DASH). Crypto currencies are quite common and many. Some authorities have already been convinced that it will find a more widespread use in globalized world economies in the future.
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Risk Warning : Trading foreign currencies on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade you should carefully consider your investment objectives, а level of experience, and appetite for risk. The possibility exists that you may sustain a loss of some or all of your initial deposit and therefore you should not deposit money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor, should you have any doubts. Please, read and ensure you fully understand our risk disclosure.