What is Crypto Trading -Part 1 by @angelniro

in hive-152587 •  3 years ago 

Hello Friends,

Today I wanted to share about a very popular topic. The cryptocurrency trading. The cryptocurrency trading is buying and selling of crypto assets according to the price movement. This is done over a trading platform. The cryptocurrency market is a platform which is not led by a central authority. It is a completely decentralized platform. Traders can buy and sell assets without the interference of a third party.


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These cryptocurrencies are available in blockchains. The transactions are recorded in these blockchains. The viewers can view the transaction details anytime. As this is a decentralized platform, there are high security methods in order to protect the traders assets.

Cryptography gives the needed protection to the assets by using complex scientific and mathematical functions.

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The cryptocurrency market is influenced by the supply, demand, special events and the publicity of the particular cryptocurrency.

The buying position and selling position is decided by the trader. The traders can apply different trading strategies in trading. The users can go for short time trades, long time trades or leverage trades.

There is a lot to talk about crypto trading. I will continue the rest next day.

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