Cryptocurrencies
This new type of digital asset has changed the financial markets, offering traders access to an exciting and lucrative asset class that differs from fiat currencies and forex trading.
Understanding the Cryptocurrency Market
Taking the financial world by storm, cryptocurrencies have experienced unprecedented gains in recent years, making this one of the most lucrative opportunities in the trading markets. The continued integration of cryptocurrencies into mainstream financial systems signals the potential appreciation in the value of these digital assets so it is vital to consider cryptos as part of your portfolio.
What are Cryptocurrencies?
Bitcoin became the world’s first cryptocurrency when it was released to the public in 2009. The aim of cryptocurrency was to provide a virtual form of money that was an alternative to the fiat currencies issued by governments and controlled by central banks. Since the launch of Bitcoin, many other cryptocurrencies have been created and are now available for trading.
Cryptocurrencies use cryptography in order to validate financial transactions in public ledgers. These ledgers are stored virtually in what is known as a blockchain, a record of all transactions made with the specific cryptocurrency token.
The cryptocurrency market has shocked the financial world with its meteoric rise in value. In 2017, Bitcoin reached a historic high of just under $20,000 and has since then surpassed this record, skyrocketing to over $55,000. The time to trade this digital asset is now!
Learn how to trade like a professional!
Plus247 provides traders with in-depth knowledge of what cryptocurrencies are and how they function. We ensure you have all of the necessary information and tools to make educated decisions in the crypto markets. You will also have access to our advanced trading platform which has been designed to be user-friendly and easy to navigate.
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Responsible TradingWe provide you with comprehensive educational resources which give you all the knowledge you need to start formulating trading strategies that will maximize your potential for profit.
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Advanced PlatformOnce you are ready, you can start trading right away with our advanced trading platform. Simply log in and access a wide choice of assets including stocks, forex, indices, and cryptocurrencies
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Care and SupportWe provide you with top-level support, consultation, and guidance throughout the entire trading process. You can always count on Plus247 to answer any questions or queries that may arise.
Flexible, Convenient, and Intuitive Trading Platform
The industry-standard MetaTrader (MT4) powers the Plus247 platform to enable you to trade a variety of asset classes, including indices. We offer the web version of MT4, WebTrader, to allow you to conveniently trade from anywhere and with any type of device.
