The Best Crypto Trading Platforms
Crypto Trading Platforms
Crypto CFD Trading Platforms
CFD trading platforms are more regulated and have higher requirements on ID verification. Also, they usually offer more developed platforms and good customer support.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
What is Crypto Margin Trading?
Crypto Margin Trading means that you trade with borrowed money. By utilizing margin trading you can take financial positions that you would not be able to with your own equity. This is a common method to use for advanced traders. Margin trading means higher risk and should not be used by beginner traders. We recommend BitMEX for margin trading and you can read more about this topic in this blog post, Cryptocurrency Margin Trading Platforms – Parallel Comparison.
What is Crypto CFD Trading?
A Contract For Difference (CFD) is a popular form of derivative trading. CFD trading allows you to speculate on rising or falling crypto currencies. These instruments are often traded with high leverage. CFD platforms often have well-developed functions and are regulated trading platforms.
What are Crypto Futures Contracts?
A Crypto Futures Contract is a derivative product and is an agreement to buy or sell a cryptocurrency at a predetermined price at a specified time in the future. Futures contracts do not require traders to post 100% of collateral as margin, because of this you can trade with leverage of up to 100x on some of BitMEX contracts.
What is Crypto Leverage Trading?
Crypto leverage involves borrowing a lot of money needed for trading. The money can be borrowed from brokers or peer-to-peer margin lending. Crypto leverage trading includes crypto margin trading, crypto futures trading, and crypto CFD trading
What is Crypto Trading?
A crypto trading platform is a web based application, app or software where you can buy cryptocurrencies or derivatives of cryptocurrencies.
Yes, there are different kinds of crypto trading platforms. We divide them into exchanges, margin trading, futures trading and CFD trading.
A crypto trading bot is software that executes automated trading on predetermined criteria through carefully set instructions. Putting it down in practice, it means that you can set down certain rules on how trading bot should behave in certain situations. The aim of the cryptocurrency trading software is to provide its user with a profitable business even when sleeping. Read more about crypto trading bots.
Crypto influencers are people communicating on the internet about cryptocurrencies, often on social media like Twitter, for instance.
You need to be careful when you selected who to follow on social media. There are many scam and fake accounts. We list the best crypto influencers.
Yes, there are many crypto influencers sharing their trading ideas and strategies. Again, be careful since you are always responsible for you own trades.
A coin price prediction is an price estimate of an cryptocurrency at a given time in the future.
No, most of them are not. However, the most interesting part is to analyze several coin price predictions and calculate an average to get your own coin price prediction.
The best is always to collect as much data as possible. However, the hardest thing is to collect the most relevant data and analyze it.