Point trade: initial guidelines for cryptocurrency trading
In the world of digital currencies, Spot Trading is a popular method of buying and selling cryptocurrencies with traditional financial institutions. Point trade, also known as OTC markets (OTC) as OTC markets (without a prescription), enables people to exchange cryptocurrencies at their current market prices without the need for central stock exchanges or brokers. In this article, we will deal with the basics of point trade, its advantages and step -by -step instructions on the start.
What is point trade?
Spot Trading includes the purchase and sale of cryptocurrencies at the current market price, as well as traditional trade in shares or raw materials. Unlike margin trading, which allows sellers to borrow money from the stock exchange for more activities, the dealer must pay for the coins purchased in advance.
There are different types of point trade:
- MAKEPTING RAME : If the dealer eliminates the market by buying and selling cryptocurrencies at low market prices.
- OTC markets (OTC) : These are private markets where dealers can buy and sell cryptocurrencies, often without a central exchange or broker.
- Trading Futures : This includes the exchange of the Futures contract for a specific cryptocurrency prize, which basically buys and sells simultaneously.
Advantages of Spothandel
Spot Trading offers commercials several advantages:
- lower costs : Compared to conventional trading platforms, point trade generally requires lower fees, especially for smaller companies.
- Flexibility : Point trade enables dealers to buy and sell cryptocurrencies in your own schedule without relying on the central stock exchange or brokers.
- lever : Trade with a lever 1: 100 can increase profits, but also increases the risk of significant losses if they are not properly managed.
How to start with point trade
The first steps with point trade requires knowledge and preparation:
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- Open a commercial account
: Create an account with a reputable stock exchange or broker, such as Coinbase, vouchers or Octopus.
- Depository Fund
: finance your trade account, transferring cryptocurrency from the portfolio or using a fiducic currency.
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Popular points trading platforms
Some popular commercial platforms are:
- coins : A well -known exchange of cryptocurrencies, which is offered by Spothandel with several cryptocurrencies.
- binance : A large and active exchange of cryptocurrencies that offers a place, margin trade and Futures.
- Kraken : A renowned exchange, which is offered by point trade, margin trade and trade in options for various cryptocurrencies.
- Bitmex : A popular stock exchange that Spothandel offers margin trade and derivative trade.
Tips for successful point trade
Succeed in point trade:
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- Use the appropriate risk management : STOP-STROP orders, position size and lever boundaries to manage risk exposure.
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