Cryptocurrency trading is the exchange of one cryptocurrency for another. It involves buying and selling of crypto coins with fiat money. That's the exchange of fiat money for digital currencies. Crypto trading is not the same as FOREX trading but there are similarities between the two.
Truly, there occur some similarities between FOREX trading and cryptocurrencies trading but there exist little difference. In FOREX trading, fiat currencies only are traded 24 hours each day globally while crypto coins are traded in cryptocurrency trading. They are both currencies trading but one is digital while the other is fiat also, one is a country legal tender while the other is not. In crypto trading, some coins are acquired with the use of major/most recognizable cryptocurrencies such as Bitcoin and Ethereum only. As a result of this, one needs to trade to acquire some coins in order to acquire the cryptocurrency of your choice or the one that serve your purpose. It should be noted however that there are over three thousand cryptocurrencies already in existence and majorly each of them have their purposes.
HOW DO I GET A CRYPTOCURRENCY THAT SERVE MY PURPOSE
Like I said earlier, there are over three thousand cryptocurrencies with different purposes. It is generally difficult to get a cryptocurrency that serve the purpose you want if not the most notable ones when you are not familiar with the crypto system because majority of these cryptocurrencies are not popular except the well established ones like BTC, ETH, Litcoin, USTD and others in the top hundred. Also, some these coins are not listed in popular exchanges and so, they may be very difficult to get.
The best options for you to get the crypto that serve your purpose are by taking part in ICOs (Initial Coin Offering), by search online or through advert. Then, you will get what you want and you get to know the exchanges the coin will be or is listed through the official announcement. The major problem here lies on how to get the information about the ICO and new coin.
Getting information about new coin or ICO is simple with QOBIT APP. You only need to download the APP and register with a unique password that will link you across many cryptocurrency exchange platforms. With QOBIT APP, you will be alerted each time there is a new coin and the exchanges where you can buy the coin. Not only that, you get necessary information about each coin during the ICO. The most suitable thing in QOBIT APP is the conveniency in buying the coin. You don't need to go through rigorous process, just select the coin you want and buy from the app directly with your balance. There are still more features of this APP which I will explain in my next article.
QOBIT ICO is coming soon as scheduled below in the picture.
You can get more information about QOBIT through the following links
Congratulations @derolams! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice work
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @derolams! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit