Almost every investor is puzzled by the main question — on which exchange is it better to trade crypto currency? About its relevance and relevance is no longer a question, as almost everyone at least once heard about this new direction of the financial structure.
The exchange of crypto-currencies is a platform for trading and exchanging one digital money for others or for different world currencies (USD, EUR, RUR, CNY). In addition to mining, which is the original way of creating crypto-currencies, exchanges are the way to get them. In addition, only with the help of exchanges can they be exchanged for real money.
The division of the entire list of exchanges can be made conditionally according to one of the most important criteria:
Forts are called digital money, derived from the main bitokoyn. Many forks can be exchanged only on certain exchanges.
Below is a list of exchanges of crypto-currencies, which received the greatest popularity.
Exchange transactions and speculations on stock exchanges crypto currency are identical to any other. To make a profit you have to buy cheaper, sell more expensive. That is, just like when investing in ordinary currency.
Naturally, the basis of instruments and the principle of determining the goals for trade are put in the same way as in the securities markets or forex. To make a profit by trading in virtual money will not be a problem for those who know the basics of trading in the stock market, securities and national currencies.
The main components used by a participant in trading on the exchange are the following:
There are many exchanges of crypto-currencies, but experience and practice shows that one of the most promising ones is upbit.
We have been trading on this exchange for about a year now and can share with you some of our observations. When we got acquainted with the functional of the stock exchange upbit, we were imbued with respect for its creators, but they made limited money and the total account did not exceed 5,000 rubles (Russian). It was interesting for us to observe how the currencies of the currencies are moving and the main task was to try to find patterns that would make it possible to earn on it.
We managed to find some inefficiency, but not in the crypto-currency pairs, but in the pair usd / rur. The fact is that the miners at the sale of the earned coins had to transfer them to phiath (traditional currency), then to withdraw this money to their accounts in banks or to any electronic purses. The volumes on this exchange are not large, so the pair usd / rur moved not as the same pair did on Forex, but on its own whimsical trajectory.
Unfortunately, in the form in which we remember it, the stock exchange did not last long and survived the crisis, when its participants began to panic to withdraw money, which entailed delays in the withdrawal of funds.
Personally, we deduced 3000 rubles for about a month, but still got it.
The rest of the funds we withdrew after the reorganization of the exchange and the launch of futures for crypto-currencies for 1 day — at the moment the withdrawal is carried out without delay.
There was a professional functional exchange terminal — CopperlarkTrader. The exchange has changed, but its volumes have fallen significantly.
For the prudent, shrewd investor, the most favorable moment has come — you can invest money in the crypto currency.
More recently, bitcoin cost more than $ 1,000, and now it is sold at $ 400 and there is no special demand. This situation can not continue for a long time and it is very likely that the new growth of quotations not only of bitcoins, but also of other crypts that are gaining popularity, is quite close. For example, we advise paying attention to coppirlark, which is the own development of the owners of the exchange upbit. You can regard this crypto currency as the stock of this exchange and, judging by the steps taken by its owners, this is an effective and promising site, which has a great future.
The article is in the translation stage, and is still being updated. I’m sorry for the mistakes. Good reading.