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An interesting aspect of Best New Cryptocurrency is the fact that it can also be ‘Created, ‘or ‘Mined,’ through a bank of powerful computers, and complex algorithms. Learn How to Trade Crypto Currencies for beginners. Visit our site: www.platinumtradinginstitute.com/<br>
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CRYPTOCURRENCY Learn How to Trade Crypto Currencies
What are Crypto Currencies? • Wikipedia defines cryptocurrency as a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. For example, cryptocurrency is a digital asset as against a paper asset or an immovable real estate asset. As it is a digital asset – transferred through a network – it requires security measures, cryptography to secure the transactions.
An interesting aspect of Best New Cryptocurrency is the fact that it can also be ‘Created, ‘or ‘Mined,’ through a bank of powerful computers, and complex algorithms. The mining for newly designed cryptocurrency is called Initial Coin Offering (ICO), and they are akin to Initial Public Offerings (IPOs) in equity markets.
Why Trade Cryptocurrencies? • The market for Cryptocurrencies is fast-paced, exciting and very profitable if managed knowledgeably, and prudently. As some experts suggest, trading in cryptocurrencies is like the old gold rush or the old railroad days when each day would present some unimaginable opportunity to make potential returns of 100% or more. The colossal growth by over $200 billion in market cap in 8 months is astounding, and a testament to the fact that the crypto market is here to stay, grow, and offer even more opportunities for some phenomenal returns. Digital transactions are getting acceptance the world over, where now the behemoth countries like India are getting into more and more digital transactions. Even the Platinum family companies are also accepting payments in bitcoins
Learn How to Trade Crypto Currencies There are two ways an investor can trade Cryptocurrencies. • Option 1: Trade currencies like BITCOIN and Ethereum through an already established brokerage against the Dollar, Sterling or Euro. This method, although lucrative, is still fraught with massive spreads from brokerages and volatility, unless you’re a seasoned trader it can be difficult to navigate. • Option 2: The more popular and stable method, is through buying and holding Cryptocurrencies using Exchanges and Wallets.
THANK YOU. Platinum is here to help mentor and support anyone looking to profit from Crypto Trading. Book a call with a Crypto Trader and we will share with you another opportunity.