3 DIFFERENT TRADE METHODS FOR MAKING MONEY WITH CRYPTO MONEY
With crypto money you can earn more by trading in different lanes. Now, besides crypto currency exchanges, we can easily trade stocks, commodities, fiat currencies and commodities. For example, investors who previously wanted to enter the forex markets had to sign and return the official documents sent by courier. They had to trade forex only in fiat currencies (USD, TL, EUR, etc.). Again, to give an example from the old ones, Margin Trading opportunity in the forex platforms, while the crypto money exchange was not. Neither a trader trading crypto money could use a feature like leverage, nor a trader on the Forex platform could buy and sell assets with crypto money.
As a result of the rapid innovative developments in the crypto world, we are now able to trade with the features we want and perform our transactions within seconds. Now, let’s see how we can trade in 3 different markets using crypto currency.
1 – Altcoin Exchange / Bitcoin-Altcoin Exchange
Bitcoin, altcoin trading is the “traditional” form of the crypto currency world. You can fully follow the crypto money markets on the crypto currency exchanges and trade the listed subcoins on the stock exchanges. Each stock exchange can have its own advantages, but we need to consider which platform to trade with reliability, stability and volume.
According to CoinMarketCap data, the Binance exchange, which is at the top of the list, is currently the world’s largest crypto currency exchange. It stands out with its reliability, volume and features. Also, the most altcoin is in Binance. You can make your Altcoin trade transactions quickly and easily on Binance Stock Exchange…
Binance is based in Shanghai. The stock market is managed by Changpeng Zhao and its company Beiji Technology. It is known for its fast processing and low commission rates.
In August 2017, Yi He, co-founder of OKCoin, announced that he was joining the platform. Yi is also known to be a well-known crypto money evangelist. He is one of the most respected and influential people in China’s online economy. After leaving OKCoin at the end of 2015, Yi joined Yixia Technology as Vice President. Then, in 2016, he launched Yi Zhi Bo, a China-based broadcasting platform that exploded with growth. Many investors transferred their crypto currency trade to Binance after Yi joined the platform.
It is a stock exchange where you can buy IOTA and many new and promising altcoins. Binance, which is a high and reliable subcoin exchange in volume, has lower transaction fee rates compared to other crypto currency exchange platforms such as Bittrex and Poloniex. You can also process up to 2 BTC volumes daily without authenticating.
Binance is a popular cryptopara exchange platform that you can access from Binance.com and is now among the top 20 stock exchanges by volume. There is also a crypto currency called Binance Coin (BNB).
2 – MARGIN TRADING WITH CRYPTO MONEY
After the normal crypto money exchanges, the most used exchanges are the Margin Trading offering.What is Margin Trading? You can trade 10, 20 or 100 times the amount of your investment in stock exchanges offering Margin trade. For example, if you have 0.01 Bitcoin, you can make 1 Bitcoin 100 times the transaction. As with normal crypto currency exchanges, most of the stock markets that offer margin trading stand out with their different features. The two best platforms in terms of ease of use and facilities; 1Fox and BitMEX.
1Fox platform is a platform where you can only trade with Bitcoin. The most important difference that distinguishes itself from other crypto trading platforms is the Trading Copy Trading ”feature. 1Fox also allows you to leverage with Bitcoin.
What is Copy Trading? By copying the transactions of the most successful traders, you can automatically copy their transactions with the amount you specify. Once you’ve done this, you don’t have to do anything else. The automatically copied trade is applied to you and you start earning without doing anything.
BitMEX, which enables leverage and margin trading up to a hundred times the balance, has become one of the most popular crypto money exchanges in recent times. The most important reason for this is that transaction and commission fees on the platform are very favorable compared to similar platforms. Another advantage of Bitmex is its easy to use thanks to its personalized trade interface. In the BitMEX stock exchange, there is the possibility to trade with Augur, Bitcoin, Dash, Ethereum, Ethereum Classic, Factom, Gnosis, Litecoin, Monero, Qtum, Ripple and Zcash along with some other coins, which are the most well known crypto currencies.
3-EXCHANGE OF STOCKS, FOREIGN EXCHANGE AND COMMODITIES WITH BITCOIN
With Bitcoin we are now able to trade on stocks, commodities, currencies and commodities. The 1Broker exchange, which is owned by the same company and has the same interface, is very different from the other Bitcoin trading platforms you can see around. You can easily trade Forex, Metal (Gold, Silver, Nickel) or Apple, Tesla, Google stocks or various foreign exchange stocks with Bitcoin.
You can copy the trades of successful traders in 1broker and experience what the market looks like from their point of view. If you think you’re a successful trader, then you can guide people and make them copy your purchases. In addition, if you have followers, you can earn additional income. The presence of such a stock market, which works as a social platform for investors, is really useful.