Crypto Trading

Trading in financial markets is quite tussling, especially considering the statistical analysis involved. The market volatilities, abnormal price plunges, and other risks make it even more difficult. Be it securities, cryptocurrency, or other tokens. It requires an investor with great expertise and patience to make profits while trading.   Different traders have tried other trading techniques to earn in the financial and crypto markets. Among the strategies include FOMO and Momo trading.  What is FOMO or Momo? How do they work?…

There are indeed several other exchanges offering services similar to BYDFI, i.e., Bitmex, PrimeXBT. So what factors stand out for BYDFI? What is so special about your exchange? It’s nice to have a chance to talk with you. The trading platforms you mentioned are our respected competitors. Here I will make a brief explanation. The difference between BYDFI and futures exchanges like Bitmex is that they prefer professional quantitative contracts. In fact, it is difficult for novices to get started. Relatively…

BitMEX is a cryptocurrency derivative trading platform designed to serve the needs of the global market. Unlike most exchanges, you don't trade cryptocurrencies directly on the platform. Instead, you trade crypto-based contracts. The advantage of this strategy is its more inclusive because it provides a regulated way for large financial institutions to participate in the market.   Benefits of The BitMEX Exchange BitMEX introduces a number of benefits to the market. For one, its global approach provides a huge variety of…

The HaasOnline trading bot is considered one of the most advanced trading bots in the market at this time. This automated trading software is geared toward experienced traders seeking a fully functional platform. As such, you need a decent technical understanding to get the most out of this protocol.  Trading Bots Trading Bots play a vital role in the market nowadays. These preprogrammed trading algorithms save traders from the stress of monitoring the market 24/7. Think of trading bots as…

Bitcoin continues to capture headlines globally as a superior store of value. Ten years ago, major financial institutions wouldn't have dreamed of converting their currency reserves over to Bitcoin. Nowadays, this decision is more common than ever. The rapid growth of Bitcoin can be attributed to various factors, including increased public awareness, improved technology, and easier access. On the last note, there are hundreds of cryptocurrency exchanges to buy Bitcoin from today. However, these exchanges are all individually owned and…

As a new cryptocurrency trader, there are many options to choose from. The market is hot right now, and selecting the right exchange for your trading activities will help you save on fees and secure higher ROIs. Notably, not all exchanges are created equal. Today, there are different types of exchanges. Each exchange has its options, features, and fee structure. Here are the best exchanges to start trading cryptocurrency. Bitstamp Bitstamp is another experienced exchange that has offered services to…

It pays to understand how APIs (Application Programming Interfaces) can improve your trading strategy. These handy protocols have drastically increased development over the last three years. An API software intermediary allows two applications to communicate freely and automatically. Today, a wide variety of API types are used in the market. Each protocol acts like a robotic messenger that delivers your request to a service provider and then delivers the response. The integration of APIs into your trading strategy can shake…

If you’re not new to the crypto trading scene, you’ve probably heard of Robinhood. Robinhood was formed in 2013 out of two roommates' friendship at Stanford University, i.e., Vlad Tenev and Baiju Bhatt. The two founded Robinhood out of a market opportunity to provide commission-free trades with no minimum amounts for opening a brokerage account. Initially, Robinhood offered commission-less stock, ETF, cash-management account, and options but has since started offering free cryptocurrency trading supporting some of the popular digital assets. …

The key to success in financial trading, including crypto trading, is to maximize profits while minimizing risks. Minimizing risks requires thorough market analysis using both fundamental and technical analysis to achieve a profitable trading strategy. Several technical indicators can be used in crypto to establish market trends and enter/exit a trade when the time is right.  A popular and efficient technical indicator in analyzing crypto markets is the Average True Range (ATR) indicator. The ATR indicator indicates market volatility and…