Blockchain technology has revolutionized the financial world! Trading in the New Age Currency Requires a Stable and Secure Broker, which is exactly what XFlow Markets is known for.
Use the benefits of a user-friendly global trading platform, accurate and timely trading signals & reports, customizable account settings, one-to-one service, all from the most trustworthy broker in the world.
While blockchain technology is still evolving, the number of cryptocurrencies in the market has grown exponentially. The fast pace of the global markets can be a little confusing, especially for novice investors.
Whether it is the most established ones like Bitcoin and Ethereum or even the quickly growing Ripple or Litecoin, risks, and losses in the market are not unheard of.
Keeping the market risks aside, XFlow Markets makes sure that you have a smooth and simple system to trade in with minimum spreads and tremendous leverage. Whether you have been a part of the crypto scene for a while now or are new to it, you will find our system & customer service impeccable!
The Cryptocurrency Market is traded in pairs as well. For Example– Let us take BTC/USD as a pair, the first currency is the base, and the second is exchange/quote/term currency.
So let us consider that the rate of BTC/USD is 13722. What this essentially means is that a trader will have to pay 13,722 US Dollars for 1 Bitcoin.
Similarly, all pairs follow this layout. ETHBTC = 0.025 means that you can buy 1 Ether (Ethereum/ETH) for 0.025 Bitcoin (BTC).
The primary crypto-currency trading pairs available in our system are:
The onset of blockchain technology has transformed the economy in ways that were never expected. With the coming up of the new age currency, traditional forms of transactions are declining.
Even a few years ago, no one could have anticipated such a drastic shift from conventional banking forms. So, investors from across the world are joining the crypto revolution to make sure that they can monetize the advantages of this new-gen technology.
Cryptocurrency Trading has become extremely widespread in the last few years. Here are some of the most incredible advantages a crypto trader has-
Cryptocurrencies remove the need for middle-man payment processing. The fundamental technology they are based upon (blockchain) enables minimal transactional costs ensuring direct and transparent exchange of funds between parties.
The very structure of cryptocurrencies ensures a global reach. Bitcoin and many other cryptocurrencies have strong backings. Traders don’t require an elaborate setup to send and receive crypto funds. A single wallet can do the job. Every operation takes place from that particular wallet.
Cryptocurrencies can be accepted as payments, but most of its purpose is investments. Due to its radical growth, people usually prefer to buy cryptocurrencies as an investment. For example, the valuation of 1 Bitcoin in 2013 was $13.50, whereas, in 2020, it rose up to $19,783. Since its launch, the market cap has grown from 0 to $300 billion.
All transactions are universally documented with blockchain technology. Therefore, it is impossible to control the market. No single body, organization, or even governments can regulate the Crypto Market. Not even the World Trade Organization can do this.
Smooth, effortless, and efficient trading is our promise. You can try the XFlow Markets complementary Demo Account to test the proficiency of our system
Cryptocurrency trading consists of buying and selling of underlying coins via an exchange. It is similar to foreign exchange (forex), but here, one currency of the pair will be a blockchain currency, instead of two currency pairs.
Crypto trading involves exchange of one cryptocurrency for another currency (crypto or backed-by-bank currency), buying and selling coins. Cryptocurrencies such as Bitcoin are not backed by real assets or tangible securities. They are traded between consenting parties and tracked on digital ledgers.
Unlike stocks or commodities or forex market, the cryptocurrency market isn't traded on a regulated exchange. The crypto market is open always meaning you can trade in cryptos 24 hours, 7 days of the week and 365 days!