Besides, there is a growing number of forex brokers that offer speculative margin trading in cryptocurrency CFDs. This seems a bit unfair to us, and besides, it is above the industry average of 0.
Trading platform AltcoinTrader offers a simple and easy to use web-based platform. It has a functional order book, trade history window and basic charting.
Its design is not mobile-friendly and no mobile app is available either, so if you are on-the-go crypto trader, AltcoinTrader is probably not your cup of tea. Besides, we find the platform too basic and lacking some advanced features such as technical analysis indicators. Worse still, there are some indications that the platform does not maintain sufficient liquidity.
A nice option on AltcoinTrader platform is that you can cancel a trade order that has not yet been filled for free.
Altcoin Trade отзывы и комментарии
Methods of payment and fees Basically, AltcoinTrader offers bank wire and blockchain transfers, as well as electronic funds transfer ETF as deposit and withdrawal methods. If you deposit directly Bitcoin or another digital coin supported by AltcoinTrader, it is free of charge, however withdrawals are not. If you chose to deposit or withdraw in ZAR South African Randsthe only fiat currency supported by this exchange, transfers are charged with 0. Also, keep in mind that all deposits and withdrawals at AltcoinTrader are processed by a human team member, so they might take a little longer than an automated system.
A South African crypto-exchange, AltcoinTrader basically allows its clients to deposit in the local currency to buy cryptocurrencies or to cash out their digital coins in South African Rand. Each have its unique feature which gained them popularity among others.
Many altcoins have a decentralized nature and does not have a leading body, while others are owned by private companies. The idea behind altcoins is that any community can have their own digital currency. Some of the altcoins have a supporting community behind them which facilitates the marketing activity of the coins. Dash even works as a corporation with decision making board and a development team concentrating on updates and new features.
Strong social and media activity also helps growing the values of altcoins. Altcoins can be traded on the market just like bitcoin with the help of cryptocurrency trading platforms. The market is continually growing, the popularity of ETH altcoins trades have been increasing recently. Altcoin trading works similar to the forex trading, so general background knowledge of the forex markets can be beneficial for new traders.
You can trade the major altcoins without the need of picking up the technical knowledge of cryptocurrencies, however it is suggested to follow the news associated with the industry to be able to act quickly on major market moves.
In order to start trading, the traders should pocess altcoins that can be transferred from the altcoin wallet to the altcoin exchange.