
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
Today, cryptocurrency is steadily conquering the trading world. Crypto traders use its volatility to make fast profits and successfully multiply their deposits. But there are still many newbies who are still not sure where to trade cryptocurrency. In this article, we will help you choose the best and reliable trading platform for crypto and reveal what you should pay attention to in the first place.
Financial markets could not ignore the emergence of a new effective trading tool, and in response, specialized cryptocurrency exchanges appeared. These are trading platforms, which exchange one crypto for another, as well as exchange cryptocurrencies for real currencies of different countries.
Cryptocurrency exchanges provide transparent data on all transactions, a wide range of cryptocurrencies, and a possibility to influence and manipulate the market. Simply put, you have access to all necessary data and easy access to trading.
However, there is no regulatory system, which has certain risks associated with the complete loss of a deposit (keep in mind: they do not provide any insurance!). Also, despite the fact that exchanges are designed specifically for cryptocurrencies, trading on them has some pitfalls. Unfortunately, many of them have problems with withdrawal, and some of them allow to deposit or withdraw only crypto, not real money.
In addition, there are the following significant disadvantages:
These disadvantages significantly cool the ardor of traders. However, in addition to exchanges, there is another marketplace where it is even better to trade cryptocurrency: FBS Trader and FBS Personal Area.
Today, crypto trading services are offered by many specialized exchanges, so every trader wonders which one to use. Here are the most famous trading platforms:
This list could go on for a long time, but let's take a closer look at the alternative.
Forex brokers quickly realized that they could offer cryptocurrency trading and added this tool to their trading platform, offering higher leverage and lower commissions.
When deciding on what to choose, keep in mind the advantages of trading crypto with brokers, such as FBS:
FBS Trader and FBS Personal Area (Meta Trader 5) platforms provide the best crypto trading experience with low spreads, fixed leverage, and easy deposits and withdrawals. Here you can trade crypto using all customer benefits and bonus programs.
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Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Welcome to the first week of October! As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
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