Trading is the best option for gaining profit on the ever-changing value of cryptocurrencies. The option to buy digital money when its price is low and to sell it off when the value rises is the most efficient way possible.
Trading in cryptocurrencies is just like trading in forex. All a trader needs is crypto funds and an access to a platform where cryptocurrencies are traded. These platforms are usually called crypto exchanges or digital exchanges.
There are a number of crypto exchanges available online, each offering trading services, each with a set of unique features. However, for the most part, there are a number of common features that any traders should look for in a crypto exchange:
- Security: Crypto exchanges are online platforms, with hot wallets for trading. This makes them a prime target for cyber thefts. A heavy duty security systems is a must.
- Deposits & Withdrawals: Digital exchanges should have a good option of supported currencies (fiat and crypto) for deposits and withdrawals of funds.
- Trading Pairs: Higher number of trading currencies mean more options to trade and make a profit from.
- Fee & Commissions: Platforms earn by charging users on deposits, withdrawals and all trades made on the platform. A good exchange should have low fee and charges.
- User Interface: The platform should allow for detailed information so the user knows what is happening, but should not be so complex so as to overwhelm him or her.
Trade.io is a crypto exchange platform that is designed by people who have a vast experience in forex. The trading platform offers a number of services that are great as stand alone and make a perfect combination as set to become one of the best crypto trading exchange:
- Secure: Trade.io exchange deals with decentralized cryptocurrencies and is built on Blockchain. This gives it the same level of security as the cryptocurrencies it is dealing in.
- Deposits & Withdrawals: Trade.io supports a number of major cryptocurrencies for deposits and withdrawals, along with fiat support.
- Fee & Commissions: Trade.io has no deposit fee and does not charge any commission made on trades. Only the standard transaction fee is charged.
- Liquidity Pool: The platform also offers a liquidity pool where users can invest their funds to obtain daily profits.
- User Interface: The UI of the platform is fully customizable, enabling new and experienced users to set the information display to their liking.
Apart from these, there is also precious metal and commodity trading in the future and other upcoming features that makes Trade.io one of the best cryptocurrency exchange out there.