Cryptocurrencies gain more and more popularity every day. Almost any person can earn something on it, even without professional preparation. All you need is some virtual practice and a good guide. And if you go in for it as a professional, this activity can even become your main income.
Cryptocurrency is an internet-based medium of exchange. It uses specified cryptographic functions to conduct financial transactions. The main advantage of it is that this currency is transparent, independent of any central authorities, and is protected by the blockchain technology.
Additionally, there is a possibility for two persons to send money to each other directly without any commissions. Financial institutions do not control this market, so they can’t charge any fees.
It’s hard to find any economical source or newspaper that didn’t mention cryptocurrencies. This especially refers to Bitcoin, as it was and is the most valued virtual currency. And that’s the thing that started all the fuss around the crypto world.
It’s hard to choose a broker that can be trusted. Dowmarkets is considered to be the best service in the CIS. Users appreciate the simplicity of this broker, the possibility to learn more about trading, and fast withdrawals.
Dowmarkets doesn’t require any experience. You can get educational materials and individual training programs to become a professional in this sphere. It’s possible to create a demo account or skip everything and start trading for real.
Let’s describe the advantages of this broker. Some aspects might seem simple, but they also are a part of what took Dowmarkets to the top.
This is only the top of the iceberg. There also are different contests with valuable rewards. The broker works with some popular money exchange services:
You can use crypto wallets if you want to.
Trading is easy with Dowmarkets. Here you have everything you need in one place – a real and demo account, analytical and practice materials, and other bonuses. With higher account levels you can even have a personal financial analyst and develop a personal trading strategy with professionals.
At first, you should create a personal account. This is possible from Dowmarkets main page.
You should your enter:
Additionally you should confirm that you are 18 or more years old. After that press the blue “sign up” button and confirm your personal information.
To receive access to all possibilities, you should upload some documents: ID, passport or driver licence. confirmation of the address of residence. This can be done in the “Documents” section on the first page you see after registering.
It is also offered to top up you account with any wallet that is in the list. Do this when you are sure that you want to start real trading.
After you deal with all the registration details, you can start trading. Just press the blue “Trade” button in the left top corner. You will see a live scheme with Bitcoin price changes. It is possible to switch to any currency and buy/sell it at once. The basic leverage is 1:50, keep that in mind before doing anything.
In the left side there is a menu with currencies for trade, news, analysis. In the bottom left corner is situated the support button – press it if you need any help. In the bottom part of the screen there 7 clocks for different countries. This can be useful when you need to track different events around the world.
Start with small sums. Calculate the risks before trading. If you don’t have any major experience, then don’t spend all your money on the first trade. Divide it into a few smaller ones. This way you will always have some money left on your account.
Before completing any real trades, it is highly recommended to test your skills and understanding in this sphere on our free demo account. This way you will make sure that you’re ready for it!
Don’t forget to check out the free materials and tools on Dowmarkets. These might come in handy if you aren’t very experienced.
A lot of newcomers read a lot of educational materials about the topic and want to start earning money at once.. If you don’t practice crypto trading, it’s going to be really complicated and there is a high chance that you will simply lose all your funds.
This is the reason all users are advised to use any simulator or demo at first. This way you are going to have at least some experience that will really help in real deals. For example, you can try out Dowmarkets demo account which is a copy or the real trading window. If this seems to be complicated, you can also try any games that allow you to test your skills in practice.. All of them have the same idea.
Be sure to visit a few webinars that are held regularly at Dowmarkets. There always is some information that might be interesting even for professionals.
From the 19th of August 2018 experts have calculated 1600 different cryptocurrencies! Since then the number has grown significantly, but there is no precise calculation.
But there are some coins, that are in the top of the list for quite a long time. Here is the list of the 10 most popular cryptocurrencies:
All of these are available to work with on Dowmarkets. Choose the currency you are most interested in and start analyzing and trading!
Your might be interested in this question as there were a lot of discussions about it on the internet. Some people even claimed that after Bitcoin had reached it’s top price, the crypto market would shut down. But as we see, even more currencies appeared and the popularity of this topic has only increased.
There are some features that show that the crypto world has a great future ahead. At first, various institutions and governments are interested in regulating this market. This is a green light for investors, meaning they won’t have to worry about their funds as much as now.
Additionally, Blockchain, the system used to transfer cryptocurrencies, is considered to be one of the most transparent and secure system. But this is like the Sword of Damocles. As some experts claim crypto transactions to be completely safe and private, others consider them to be the biggest personal information tracker. That is why this topic is interesting for everyone, meaning there is going to be a future.
While you are reading this article, hundreds of successful trades are being made!
Don’t miss your opportunity to be among the best traders with Dowmarkets!
Practice crypto trading live now!