Bitcoin Trading is built on market speculation and predictions. To hopefully succeed in trading, you must understand market trends, movements, and fluctuations and know how to try and use them to your advantage. Bitcoin works in exactly the same way as any other market.
Bitcoin trading is all about knowing when to buy and when to sell. Buying in when the market value is low and selling when it rises. Professional traders spend many hours studying daily markets to learn when it is best to make a move. The BitPro Dex team believes that everyone should have access to this software, which is why BitPro Dex was created.
BitPro Dex was created to level the playing field, making it possible for anyone to trade on Bitcoin. You don’t need to have years of extensive training and experience to trade on cryptocurrency, nor should you need to pay through the nose for access to state-of-the-art equipment. If you are considering registering an account with BitPro Dex, here is an overview of what you can expect from the platform.
After registering (see below to find out how to set up an account), the process is very simple, and you can get started almost immediately. Begin finding your way around the platform and thinking about your trading plan.
You are contacted shortly after you get set up by an account manager from your partnered broker. Account managers can be an asset and are there to assist you with executing trades. Your account manager can help you map out how you wish to proceed. If you wish to start trading live, you will need to fund your account with the required minimum, which will be used to place the trades. You can transfer into your BitPro Dex account from an existing digital wallet or in fiat currency.
Whenever you want to check up on the market, you can simply log in to your account from any device and see the latest updates. You can do this as often as you want- the more you do, the more you might learn about Bitcoin trading.
Registering your account only takes a few minutes! If you wish to join, you can head to the Login page to find the registration agreement. All you need are a few basic personal details, an internet connection, and funds to deposit if you wish to trade live.
Then you can enter your details and confirm your contact information to get started. You can then access the platform and wait for a call from your account manager, set up a trading plan, and continue from there.
Bitcoin is a household name, even for those who know nothing about cryptocurrency or trading. It is the biggest cryptocurrency in the world and was also the first. More than a decade at the top has shown that Bitcoin may have a real part to play in the next stage of the world economy. So how did Bitcoin get to this point? Read More!
Way back in the 80s, there was talk of creating a purely digital currency linked only to files and encryptions, rather than banks or governments. It was a radical concept, but one that sparked a revolution. By the mid-90s, the first successful attempts were made to bring these ideas to life. Not much really came of it, but something had begun.
Fast forward to 2008- one of the most infamous years in financial history. The stock market crash changed everything and had many people questioning the institutions that were supposed to keep their money safe. It was a time of great confusion and uncertainty. One thing was clear- the world was ready for a new system.
The first Bitcoin was mined from the Blockchain network at the very beginning of January 2009. Mining was a complex process that not everyone could do, but it wasn't long until people were selling their mined coins. Thus, Bitcoin trading began. Over the next few years, Bitcoin was the topic of much debate. Critics said it could never work. Some Fans called it the future of finance.
Interest in cryptocurrency as a whole grew, with more and more people investing their money in Bitcoin. The ways it could be used became increasingly mainstream, and people outside the trading and finance worlds wanted to get involved. Each time another Bitcoin was mined, the market value would fluctuate wildly and create opportunities to buy in.
At the turn of the decade, 2020 saw a new wave of interest in Bitcoin trading, and the currency became more central to the economy. Although Bitcoin's value changes often, its appeal does not.
There are now thousands of different cryptocurrencies. Interest in the industry grew, and the influence cryptocurrency has on the modern economy is undeniable. Bitcoin remains the pack leader despite the ever-growing competition, with millions of Americans that have invested.
It is also becoming increasingly easy to access and buy Bitcoins. The currency was intended to be reachable for all, and the goal is finally being realized. Buying Bitcoin is as easy as entering your card details, putting cash in an ATM, or making a quick phone call. There are more businesses now than ever before recognizing Bitcoin as an official form of payment.
Some experts have stated that Bitcoin could take over the US Dollar as the leading international currency as early as 2050. The future of Bitcoin may be bright.
BitPro Dex in general is a free platform. It does not cost anything to sign up, it does not charge any fees to withdraw available funds from your account. BitPro Dex is a platform designed by passionate traders for passionate traders, and they believe that this service should not cost trades.
The minimum deposit to get started is $250, but this money is completely under your control.
Nowadays. Buying Bitcoin could not be easier. You can buy directly on Various online exchanges and wallets.
Mining is still possible but takes time, dedication, and know-how. It is also possible to exchange other cryptocurrencies into Bitcoin if that is what suits you best.
There are several contributing factors that can impact the valuation of Bitcoin. One of the biggest influences is a new coin being mined from the blockchain. When you add another coin into the mix, the value may drop. It may also stir up a wave of buying interest, and the stock market sees a lot of action.
When the demand is high, so can be the prices. Bitcoin’s value is dictated largely by supply and demand as well as the general public perception. If an influential figure makes a notable investment, demand might spike. If a financial expert makes a positive comment about the cryptocurrency's future, the same might happen.
Because Bitcoin is the most famous, it is shrouded with uncertainty. With that uncertainty comes instability, which is why the value is so volatile. That being said, it may be considered as the strongest of all 10,000 cryptocurrencies, and the value may spike upwards. So much can impact the value on any given day, which is why it is important to track the market. If this volatility did not exist, Bitcoin trading would not be so appealing.
The value of Bitcoin is ever-changing, such is the excitement of the market. The best way to keep up with the most recent valuation is by monitoring the exchanges and trackers. There are many platforms where you can find the current value of one Bitcoin.
BitPro Dex also gives you an option to keep up with Bitcoin’s market prices, and it might be essential that you do so if you wish to try and become a better trader.
Any cryptocurrency you own is stored in a digital wallet, which functions similarly to a bank account. Your wallet comes with two security keys- you need both to make any transactions. The access key lets you enter the account and set up the transaction. Before you can send anything, you must provide your private key.
Your private key is essential for any Bitcoin transfer. It is unique to your account and is essentially your digital signature.
No, you cannot. Because the platform needs to stay connected with current market rates, it cannot work without an internet connection. The market is constantly changing. A lack of internet would put the display out of real-time and fail to show you the most current, accurate information.