Reliable crypto exchanges right now? CEX.io is a crypto exchange with very high ratings on BitDegree. Quality of Customer Support: For the customers, receiving answers to their questions is always an indicator of the quality of work. Making everything possible to ensure fast processing of your inquiries, the customer support at CEX.IO works 24/7. And each member of the support team goes through carefully designed intensive training to be able to deal with any possible queries. In such a way the platform may often be identified as the most responsive among Bitcoin exchanges.
Consider Diversifying. With the above advice in mind, there is nothing worse than getting frustrated with BTC, moving to ETH / alts and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways.
What is crypto trading? Trading, in the traditional understanding, is speculating on the asset prices to get profit. The same comes to crypto trading, with the only difference that you buy and sell digital assets. For instance, at CEX.IO you can place market and limit orders to trade Ethereum against dollars (ETH to USD) or any other available assets. Where to check the Bitcoin (BTC) price? The current market value, as well as historical changes of the BTC price, is available on the live online price charts. Also, you can use our simple Bitcoin calculator and estimate the value of the exact amount of Bitcoins and other cryptocurrencies.
What are the different types of Cryptocurrency wallets? There are several types of wallets that provide different ways to store and access your digital currency. Wallets can be broken down into three distinct categories – software, hardware, and paper. Software wallets can be a desktop, mobile or online. Desktop: wallets are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded. Desktop wallets offer one of the highest levels of security however if your computer is hacked or gets a virus there is the possibility that you may lose all your funds.
Our customers know what it means to work with a regulated platform that has a substantial history, a deep understanding of the market and customers’ needs. We are constantly working on enhancing security and adapting our systems to the latest regulatory requirements. Compliance with the international standards allows us to implement numerous payment options and work with reliable banks and payment providers. Multiple payment methods: Visa, Mastercard, bank transfer (SWIFT, SEPA, ACH, Faster Payments), cryptocurrency Start trading with CEX.io right now!
Online you can also find a range of cryptocurrency intraday trading courses, plus an array of books and ebooks. The more information you absorb the better prepared you’ll be, and the greater chance you’ll have of maintaining an edge over the market. Think of this as your guide to day trading cryptocurrency and you’ll avoid most of the hurdles many traders fall down at. When choosing your broker and platform, consider ease of use, security and their fee structure. There are a number of strategies you can use for trading cryptocurrency in 2017. Whichever one you opt for, make sure technical analysis and the news play important roles. Finally, keep aware of regional differences in rules and taxes, you don’t want to lose profit to unforeseen regulations.