How did General Trading Market shift to Crypto Trading - Espay Exchange

2. Introduction • Do you know what crypto trading is? Have you ever wondered how the general trading market shifted to crypto trading? If you are searching for these answers, we can help you. • As we all know, Crypto market newest among all other trading markets. The first cryptocurrency was introduced in the year 2009, and since then, the crypto market has experienced various highs and lows. Despite all this, the crypto market is still trending. • All those people, who were once sceptical about trading cryptocurrency have become full-fledged crypto traders. In this post, we will show you how the general trading market shifted to crypto trading. But before this, we must learn about the general trading market as well as crypto-trading in brief.

3. General Trading Market • The general trading market includes different types of trading market and systems. It includes one of the oldest trading market, i.e. the stock market. People have been trading since the 14th century. The first official stock market trading started in the late 17th century. After that, various other trading markets were established. Here are the different types of markets that compress the general trading market. • Stock Market: It is one of the oldest trading markets. In this market, you can trade shares, bonds, derivatives as well as mutual funds. It is the most popular trading market. You can buy and sell shares to earn a profit. • ETF Market: In this market, you can buy and sell various types of funds. You can trade in various commodities, currencies, sectors and industries. • Forex Market: In this market, you can trade currencies. You can buy and sell different pairs of currency. It is the biggest market in the world. • Options Market: Here, you don’t need ownership for trading. You can trade on derivatives of any asset.

4. General Trading Market • A contract for Difference: It is a hybrid market. Here you will find a mix of stock, options and forex market. Here, you can trade on derivatives instead of owning an asset. • These are some of the markets that comprise the general trading market. There are other markets which area part of general trading, but the markets as mentioned above, hold major share. These trading markets have been functioning for a very long time. People trust these markets. • But suddenly, many people who used to trade in these markets are shifting towards crypto trading.

5. Cryptocurrency Trading • It is the newest form of trading. Here, traders speculate on the price movements of cryptocurrency. You can trade in this market using two options, i.e. CFD Trading Account or Trading via Exchanges. • CFD Trading: Here, you can trade on derivatives. You don’t have actually to own the cryptocurrency. You can use margin to open positions and close it when the price increases. It is more like trading in shares. • Trading via Exchanges: You can also buy cryptocurrency from exchanges. It will give you ownership. You also need a digital wallet to store these currencies. You can buy and sell these currencies on crypto exchanges. Centralized cryptocurrency exchange solutions provide complete solutions for trading crypto via exchanges.

6. Reason Why General Market Trading Shifted to Crypto Trading • Now that we know what General Trading Market, as well as Crypto Trading, is, it is time to understand why people are opting for crypto trading instead of general trading. • With just over 11 years in the market, cryptocurrency has won many hearts. It is a perfect example of how technology is shaping the market. Gone are the days where people were scared to take risks. Nowadays, people are open to taking risks if it means greater rewards. Because of this, many young traders are moving towards crypto trading. This market has great potential. • It offers great opportunities, as well as fame to traders. Here are several reasons why people are leaving traditional trading markets and moving towards the crypto market. • The Advent of Bitcoin: It all started with the advent of Bitcoin in the year 2009. Earlier, the value of 1 Bitcoin was $0.0008. In the year 2010, the value changed to $0.008. And now the value of 1 Bitcoin is $9, 685. 99. You can see for yourself that Bitcoin has huge potential. Although the risk is great, you will never know when the market will change in your favour. Because of this, many traders have moved towards crypto trading.

7. Reason Why General Market Trading Shifted to Crypto Trading • Blockchain Technology: Cryptocurrency works on the blockchain. These currencies have no physical existence. They are digital in nature. In blockchain technology, there is no intermediary. Every transaction has only two parties. The transactions are recorded in blocks. With every new transaction, a new block is added, thereby making a blockchain. It works on cryptography, i.e. complex algorithms and science. This makes every transaction secure. Nobody can disrupt blockchain. Even slight tampering will alert everyone. It is one of the main reasons why people are putting their trust in the crypto market. • This market never sleeps: Crypto market functions 24 X 7. This market never sleeps. You don’t have to wait for trading hours to begin. You can simply trade anywhere, anytime you want. There is no centralized governance to control the crypto market. It is completely decentralized, which makes it open for all. This flexibility attracts many new individuals to trade in the crypto market. • Low enter barrier: There are no entry barriers for individuals to trade in the crypto market. Because it is decentralized, there are no rules and regulations. Anybody can start trading in a crypto market. There is no complicated procedure to start trading. You don’t need a huge amount of funds to trade in this market.

8. Reason Why General Market Trading Shifted to Crypto Trading • P2P Trading: You don’t need a broker to trade in a crypto market. As it is decentralized, there is no intermediary. You can directly trade with the other part, without going through any middleman. You have to manage your own funds and make your own decisions. • Volatility: This market is extremely volatile. The price can change anytime. This provides day traders great opportunities to earn huge profit. There are no established strategies or techniques that work with this market. You have to use your own judgment to trade in this market. This volatile factor attracts many traders to try their luck in the crypto market. If you want to make a quick profit, this market is perfect. • Liquidity: Earlier, this market faced liquidity problems. But now, as the number and volume of trade is increasing, the liquidity is increasing as well. With CFD trading, you can easily convert Cryptocurrency into fiat currency.

9. Reason Why General Market Trading Shifted to Crypto Trading • Fractional Purchasing: You don’t have to buy the entire asset in crypto trading. You can even buy a small fraction of a coin. If you have $500, you cannot buy a whole Bitcoin with it. But, you can buy a fraction worth $500. This gives opportunities to various small traders. Because of this, they are moving towards crypto trading. • Instant Buying and Selling: The blockchain technology allows traders to open and close positions instantly. It is one of the most advanced digital trading markets. You don’t have to wait even for minutes to buy or sell cryptocurrency. Once the mining of the block is completed, your transaction is also completed. This allows traders to make use of every second of price movement. • Transparency: Crypto trading is very transparent. As all the transactions are completed through blockchain technology, it is visible to everyone. Anyone can view the transaction as it is registered in the blockchain. You can even check transaction history. 

10. Reason Why General Market Trading Shifted to Crypto Trading • Secure Interface: All the trading happens on a digital platform. Each transaction is encrypted. Once you have entered into a transaction, you can revise it. The blockchain technology behind crypto trading is highly secure. It works on complex algorithms. It is very difficult to break this security. White label crypto exchange software is very secure. If you have an account with white label crypto exchange, you don’t have to worry about security. The transactions are very secure.  • Low transaction fees: The transaction fees in the crypto market are very low compared to all the other markets. You don’t have to pay huge fees to any middleman. You can easily transfer huge funds at a minimal cost. This year, $360 million worth Bitcoin was transferred for a fee of $0.63. No other market offers this advantage. To avoid huge transaction fees, many traders are an option for trading in the crypto market. • This is how General Trading Market shifted to Crypto Trading. Blockchain technology is the key behind shifting general trading market to crypto trading. After the success of Bitcoin and the emergence of new crypto coins, people started paying more attention to this market.  • This market offers great opportunities in a short period of time. It is very easy to trade in this market because there are low entry barriers. All you need to do is open an account with centralized cryptocurrency exchanges to start trading.

11. Thank You hello@espay.exchange espay Espay Exchange Espayexchange