Website interface. User experience on the website is also of importance for the customers. The best Bitcoin exchange will always strive to ensure easy navigation through a simple and clear structure serving for the consistency. Besides, since the launch, we have tried to reduce the amount of steps required for the purchase. Now, some operations can be filled in several clicks only.
Bitcoin is a currency much like any other, albeit digital. It can be saved, spent, invested, and even stolen. The rise of Bitcoin, the most widely circulated cryptocurrency, began in 2009 by someone (or someones) using the alias Satoshi Nakamoto. It came to prominence earlier this year when its value suddenly jumped 10-fold from $2 to $266 between February and April, with a peak market valuation of more than $2 billion.
While it’s very easy to buy Bitcoins - there are numerous exchanges in existence that trade in BTC - other cryptocurrencies aren’t as easy to acquire. Although, this situation is slowly improving with major exchanges like Kraken, BitFinex, BitStamp and many others starting to sell Litecoin, Ethereum, Monero, Ripple and so on. There are also a few other different ways of being coin, for instance, you can trade face-to-face with a seller or use a Bitcoin ATM.
Well, as we already said in the previous chapter, no one can accurately predict the future. From fundamental perspective, a promising technological achievement might end up as a flop, and from technical perspective, the graph just doesn’t behave as it did in the past. The simple truth is that there are no guarantees for any sort of trading. However, a healthy mix of both methodologies will probably yield the best results.
Scalping: This day-trading strategy is becoming popular lately. Scalping attempts to make substantial profits on small price changes, and it’s often referred to as “picking up pennies in front of a steamroller.” Scalping focuses on extremely short-term trading, and it’s based on the idea that making small profits repeatedly limits risks and creates advantages for traders. Scalpers can make dozens—or even hundreds—of trades in one day.
The availability of options. Many options for trading cryptocurrencies on the exchanges serve as a benefit for the users. In particular, CEX.IO offers trading opportunities for Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash. They can be traded for USD, EUR, GBP, or RUB. Additionally, the variety of payment options, including cards like Visa and Mastercard, as well as wire transfers, contributes to the convenience of the service.
The one and only, the first and most famous cryptocurrency. Bitcoin serves as a digital gold standard in the whole cryptocurrency-industry, is used as a global means of payment and is the de-facto currency of cyber-crime like darknet markets or ransomware. After seven years in existence, Bitcoin‘s price has increased from zero to more than 650 Dollar, and its transaction volume reached more than 200.000 daily transactions.
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