In 비트맥스 trades and currency exchange, a person does not need to have any broker for the trading and Demat account, not only that there is no need of giving of commission for the particular trade to the broker. All a person needs is to register themselves with the account for the trade with investment and if they are a beginner than they can consider the registration for a demo account.
Anytime trading
In bitcoin, a trader can trade anytime they want, which is not possible with the stock market because there is limited time for the trading. Secondly, investment and buying of shares can also be done in these crypto currencies and can be kept for the short sell. Similarly, most of the trades or the investors that have less knowledge about this virtual currency get confused about its value. Well being a virtual currency bitcoin itself does not have any value, but it’s still the million-dollar trade business.
The reason is in crypto currency all the trades are done from all over the world; it’s not limited to the regions. That is why the value of it fluctuates continuously making it a valuable business. To trade in these coins, it’s always good to consider those websites or online services that have proper licensing. This ensures that a person is trading with a secured platform.
Not only that a licensed crypto currency website is also very secure and it’s hard to make any hacking attack on it. The best part of considering these sites for the trading is that the trades in it can be done by any person even with lesser investment. As in share market, there are some requirements for the account opening and trading. That needs a higher investment for the trade or for short selling.
- Lower transaction fees
- Convenient international transfer for money exchange
- Faster access to trades
- More liquidity compared to regular currency
Preferred leverage
Unlike the share market broker that has a limitation over the leverages for the trade with the maximum loan for a particular trader up to fifteen percent. In crypto currency, a trader can have the leverage according to their preference which can go up to a hundred percent for the single trade. This is a beneficial part of choosing a virtual currency website for trading compared to standard stockbroker trading websites or applications.
Leverage is good for those traders that always trade-in higher quantity of stocks and needs more investment for buying of them. The option gives them the allowance to buy the stocks even with the very less investment. On the other hand, before taking the leverage its good for a person to have proper knowledge about using it. In that case, they can consider the demo account, which is identical to the trades in professional accounts for the bitcoin and provides the proper knowledge about the trades in virtual currency.