There is no doubt cryptocurrency has seen phenomenal growth. Spurred by the phenomenal growth of Bitcoin (BTC) and Ethereum (ETH), the field of cryptocurrencies has been expanding.
Many cryptocurrency enthusiasts have proved these investments could create a new crop of digital currency millionaires (or billionaires). But those who have not yet invested in the cryptocurrency space may wonder whether there is a compelling reason to start now.
Cryptocurrencies are based on disruptive technologies
Cryptocurrencies have evolved from a niche market for tech enthusiasts to a new asset class in the last 3-4 years and are expected to play a long-term and significant role in mainstream financial markets.
Cryptocurrency is considered a "disrupter," meaning it has the potential to fundamentally change the way financial markets operate. There are numerous traders and investors believe that cryptocurrency will fundamentally change the currency and commodity markets in the coming years, and they are hoping to capitalise on the opportunity to make big returns.
Cryptocurrencies are far more profitable than traditional assets
Cryptocurrency traders take advantage of price movements over weeks, days, hours or even minutes to build and position positions. Whilst in traditional asset trading, price movements over a short period of time are generally significantly lower than over months to years.
There are many professional traders jumping into the crypto markets to increase their win ratio. Many retail traders have lost their edge in the legacy markets due to a high level of competition from investment banks and high frequency algorithms.
Cryptocurrencies are still relatively new, so the markets aren’t dominated by institutional investors. Massive price gains of +1000% and wild swings of volatility are a common occurrence in the crypto markets. The high risks associated with crypto scares off many people but for seasoned traders these wild markets can be paradise.
The currently surging cryptocurrency CFDs
Over the past few years, the cryptocurrency demand has prompted many CFD trading platforms and brokers to start offering cryptocurrency trading pairs.
In this respect, cryptocurrency CFD trading works the same way as FCFD trading. More broadly, trading in cryptocurrency CFDs works like CFDs in other more traditional asset classes (such as commodities, stocks, or stock market indices), as traders speculate by anticipating the price movement of their chosen instrument.
Start your crypto journey on Bitop platform
Bitop Exchange is the world's leading crypto currency CFD exchange, focusing on CFDs and can provide users unique trading experience, especially towards new users.
The exchange allows users to seamlessly trade, conduct transactions of any size, and have a free and open trading environment and secure deposit and withdrawal environment.
In addition, Bitop Exchange also offers users other various products such as Futures, Spot trading and derivatives and other financial services, which are much more than a normal centralized exchange.
Bitop Origin - secure encryption + easy to use + scalable
Bitop Exchange is managed by an executive team of top professionals with many years of industry experience and business innovation records. It helps customers achieve their goals by providing operation solutions and value-added services. We have our eyes on many fields including the Internet, high-tech, new services, big data, blockchain technology, artificial intelligence, tourism real estate, etc., and keeps insights and discovers emerging business opportunities.
Security and privacy
Security and privacy is the foundation of Bitop Exchange. It uses multiple technologies such as trusted computing, ring signatures, homomorphic encryption, and zero-knowledge proofs to ensure user data security and encryption privacy.
Scalability
The goal of Bitop Exchange is to become a top tier exchange that has its high speed big public chain. When it happens, a large amount of data and information will be uploaded, registered, confirmed, traded, and distributed on the public chain itself, which will generate massive amounts of data to have scalability.by having massive data on the public chain, it will ensure that our transactions will always be highly efficient and transparent.
Ease of use
The ease of use of Bitop Exchange comes in two aspects. One is its innovative trading system, allowing new users to copy trades from experienced traders, this will reduce the trial and error cost for them; The second is allowing users to open a demo trading account to practice trading with their strategies and familiarize with trading operations before opening a real money account.
Start your crypto journey securely and conveniently with Bitop Exchange, earn massive income on your crypto!
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