2021-12-15

Benefits to Look for In Cryptocurrency Trading

The crypto market is an emerging financial environment that keeps growing in size reaching $1.6 billion in 2021. This fact makes cryptocurrency trading a trendy niche that promises huge gains and opportunities for both novice and experienced investors. However, the overall success will depend on one’s ability to time the market. Additionally, your gains will rely on the cryptocurrency trading platform you are going to join to benefit from specific trading conditions, services, and traders’ tools delivered out of the box.

As most of you know, MTrading has already announced the introduction of different coins now available for trading within the platform letting customers make the most of zero commissions, attractive flexible leverage of up to 1:100, industry tightest spreads, and other perks delivered out of the box.

In this article, we will have a closer look at the main benefits brought by cryptocurrency trading for beginners and dedicated users.

What Is the Crypto Market and How Does It Work?

The crypto market differs from others having its own decentralized ecosystem that is not backed by central banks or federal authorities. Oppositely, all transactions are held across the computer network while coins can be stored or exchanged between individual crypto wallet owners.

While traditional currencies exist in the real world, coins are a part of a shared digital record that is owned by individuals within a blockchain. One user can send crypto to another one from his or her wallet while each transaction must be verified and registered in the blockchain record (mining).

Thanks to emerging best cryptocurrency trading platforms, coins have also turned into a trading instrument that can be accessed from a typical trading account. This fact brings several crucial advantages:

Extreme Volatility. Crypto volatility is one of the most exciting features that the market can deliver. It moves rapidly showcasing drastic movements that open new trading opportunities. On the other hand, it also means higher risks that can be minimized with in-depth market research and analysis.
24/7 Market Availability. Unlike many other trading instruments, cryptocurrency trading is not limited to time. You can enter with either a long or short position whenever you want. This fact ensures maximum flexibility in utilizing specific strategies.
Access to Non-Regulated Assets. As stated earlier, crypto is not backed or regulated by either financial or federal authorities. In other words, coins are difficult to manipulate by market makers as well as third-party financial institutions.
Simple to Start. To enter the market, one only needs to choose a cryptocurrency trading app and create a crypto wallet to store and maintain his or her coins.
Growing Asset Value. Experts predict the crypto market size to grow by $2.2 billion in 2026, which makes the asset amazing from an investment and trading perspective. The growing demands also rely on the market participants’ belief that blockchain is the future.

Now, we’ve learned the key benefits of cryptocurrency trading, let’s find out what moves the crypto market.

Key Factors that Move Crypto Markets

Just like many other markets, the market of coins depends on supply and demand. On the other hand, we already know that coins are a part of the decentralized digital network, which means that they can remain independent from geopolitical, economic, and other events that may have a huge effect on the Forex market. To clarify the situation, here are some key factors that can define the coin price and trend movement:

Supply. The overall number of released coins. They involve those that have been lost or damaged for any reason.
Capitalization. The overall value of all released coins.
Mass Media. The market drastically depends on the way coins are presented in the press or how much coverage they get from leading media channels.
Integration. This factor is defined by the ease with which a specific coin can be integrated into the digital environment (for example, eCommerce).

The main thing you need to keep in mind is that the crypto market operates differently if compared to brick-to-mortar currencies. For this reason, it is very important to do the research to have a clear understanding of how the system works.

Alternatively, you can opt for the best cryptocurrency trading platform and benefit from a set of automated tools to perform your trading strategies on autopilot.

Reasons to Trade Crypto with MTrading

MTrading has recently introduced the crypto market to its customers offering a selection of coins to choose from and trade. With our platform, you will appreciate a set of automated investment options such as copy trading, improved mobile trading experience, and some of the following:

Highest Leverage

Industry’s highest leverage for crypto up to 1:100.

0 Commissions

ZERO commissions for all coins traded via M.Premium accounts.

Automated Registration and Instant Verification within a few minutes

Huge Bonus Offers

Grab your chance to get up to 200% free cash on your deposit and benefit from enhanced trading options.

Round-the-Clock Availability

Trade your favorite coins, deposit or withdraw in crypto whenever you want. All trading transactions are processed 24/7.

With MTrading, you will experience hassle-free cryptocurrency trading accessible via MT4 - one of the most reliable and user-friendly trading platforms.