What is cryptocurrency trading?

13 Nov 2022

What is crypto trading?

It is the proccess of speculating on the cryptocurrency prices, and buying/selling them accordingly.

Crypto traders typically use crypto exchanges. These are marketplaces where traders track prices and make transactions.

How does it work?

When you buy cryptocurrencies via an exchange, you purchase the coins themselves.

You'll need to create an exchange account, put up the full value of the asset to open a position, and store the cryptocurrency

tokens in your exchanges wallet until you're ready to sell.

What platform do i trade on?

There are many platforms to trade on, but the most secure and reliable one is also the biggest exchange in the world,

named Binance.

How do i set up an account?

Creating an account on Binance is pretty straight forwards. Simply follow the instructions on their website or contact our

team and we'll get you set up in a matter of minutes.

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