Cryptocurrencies are a new form of digital currency that is secured by cryptographic signatures across various blockchains. The first-ever, Bitcoin, was created in 2008 by an anonymous founder under the nickname Satoshi Nakamoto.
However, Bitcoin isn’t the only cryptocurrency in existence. Ethereum, Cardano, Solana, and even more hype-based coins such as Doge are all tradable on the RoboMarkets platform.
Investors and traders can begin buying and selling these digital currencies starting with just $100 USD. All three of our terminals, R StocksTrader, MetaTrader 4, and MetaTrader 5 are designed to give investors confidence while trading cryptocurrencies.
Opening an account for either terminal is easy, granting investors the ability to begin trading digital currencies as soon as possible.
24/7 Cryptocurrency Trading
With the list of 16 different types of cryptocurrencies available on RoboMarkets, there is a wide range of options an investor or trader can utilize to their advantage. Each cryptocurrency has different blockchains, networks, and functionality. Some may have a faster transaction time compared to others, while some may be building the foundation for digital worlds.
Unlike the stock market, cryptocurrencies trade 24/7 since they operate on decentralized networks. This means that prices are much more volatile since investor sentiment can change quite fast. However, this may open up some opportunities for traders and investors who enjoy trading amongst volatility. This is often the case with smaller-cap stocks in the stock market.
It doesn’t matter what time it is, platform users can trade seamlessly without having to worry about market open and closing schedules. This effectively means there is more time to spend trading and less time waiting.
The possibilities are unparalleled compared to the stock market. However, investors should be careful since they may be susceptible to higher amounts of risk as cryptocurrencies are volatile assets in the short term. It’s up to the investor to trade responsibly during violent market cycles.