Guide for Traders

Guide for Traders

By Ashif P A | La casa de papel | 28 May 2020


The cryptocurrency market is constantly expanding and provides many opportunities to informed online traders

Beginners guide:

Traditional trading is difficult, but in digital currency its easy to learn to trade, small amounts can do as long as we can enter a minimum amount for exchanges

There are lot of exchanges now where we can trade

First you have to register to a certain trading exchanges, signup and complete the requirement I advice you to make sure secure the account this is for your protection, at the same time,

Next you need bitcoin , this is what is use to buy tokens in most exchanges , make sure that the address is correct or else your money will be lost, wait for a few minutes or hour depending on transactions mostly its less an hour or so

Note: trading can make you rich but also a bad thing since you have to invest make sure you are willing to take a risk because its a risky business.

Trading Platforms

1.Best Overall: TD Ameritrade

2.Best for No Commission: Robinhood

3.Best for Experts: TradeStation

4.Best for New Traders: Charles Schwab

5.Best for Low Costs and No Minimums: Ally Invest

Important coins to trade other than BTC

1. ETHEREUM (ETH)

2. Ripple (XRP)

3. Litecoin (LTC)

4. Tether (USDT)

5. Bitcoin cash (BCH)

Risks in Trading

Regulatory uncertainty
Market manipulation
Hacks and Scams

 

 


Ashif P A
Ashif P A

I am type of hardworking and smart working guy.


La casa de papel
La casa de papel

Don't get offended by the name. Here in this blog I will share latest news related to crypto world. Also I will share apps and websites that are genuine and I use for my income.

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