• About Us
  • Privacy & Policy
  • Terms and Conditions
  • Contact
Away Some Article & Blog
  • Home
  • Mobile App Development
  • WordPress
  • Yoga
  • General
  • Lifestyle
  • Health
  • SEO
  • Write For Us
  • Contact us
  • More
    • Business
    • Web and Mobile Development
    • Digital Marketing
    • Career
    • Earn Money Online
    • Education
    • Finance
    • Hair Care Tips
    • Internet
    • Jobs
No Result
View All Result
  • Home
  • Mobile App Development
  • WordPress
  • Yoga
  • General
  • Lifestyle
  • Health
  • SEO
  • Write For Us
  • Contact us
  • More
    • Business
    • Web and Mobile Development
    • Digital Marketing
    • Career
    • Earn Money Online
    • Education
    • Finance
    • Hair Care Tips
    • Internet
    • Jobs
No Result
View All Result
Away Some Article & Blog
No Result
View All Result
Home Finance

Features You Can Expect in an Online Cryptocurrency Exchange

Away Some Article by Away Some Article
February 19, 2021
in Finance
0
Features You Can Expect in an Online Cryptocurrency Exchange
Share on FacebookShare on Twitter

Very few people would have predicted the success of cryptocurrencies when Bitcoin debuted in 2009. Since then, it has become a hot topic for both traders and regulators. Traders can trade cryptocurrencies for profit, just like any other commodity.

ADVERTISEMENT

There are many cryptocurrency exchanges like Swyftx Pty Ltd that facilitate trading. In this article, you’ll learn about the features you can expect in an online cryptocurrency exchange.

What Is A Cryptocurrency Exchange?

A cryptocurrency exchange is a marketplace where the cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others are bought and sold. It’s very much like a stock exchange. For example, at NYSE, traders buy and sell companies’ stocks to make a profit.

But unlike a stock exchange, cryptocurrency exchanges do not have a physical location. They are operational only on the internet. In the subsequent sections, there are some of the features you can use to trade cryptocurrencies.

Customizable Dashboard

A dashboard is where you get all the details you’d need about your account. Whenever you log in to your account, you’ll land on this dashboard by default.

This is not where you place trades but where you get a summary of your trades. So it will show the account balance, the active trades, the past trades, and a portfolio. But you’ll be able to customize your dashboard and include metrics that are more relevant to you. So you may want to include Ripple’s current value or the latest news in your dashboard. But it’s also important to not clutter your dashboard with excess information.

Real-Time Charts

Real-time charts are the meat-and-potatoes of a trading platform. They allow you to make trading decisions in real-time without you having to hop back and forth between multiple platforms.

In the charts, you can see whether the price is in an upward or a downward trend. With technical analysis, you’d be able to find both short-term and long-term trading opportunities.

You can open the charts for any pair like NCH/BTC, ADX/BTC, ALGO/BTC, and tens of thousands of others.

Real-Time Future Charts

Just like cryptocurrency pair charts, you’ll get futures charts on many online cryptocurrency exchanges. Trading Bitcoin futures is different from trading regular pairs. While trading futures, you do not have to hold the underlying Bitcoin or Ethereum. You have to speculate the price change and take the profit accordingly.

Not all exchanges will have future charts. And if you’re not looking to trade cryptocurrency futures, you shouldn’t be concerned about it either way.

High Number of Altcoins

Another advantageous feature of trading at a cryptocurrency exchange is exposure to a high number of altcoins. By definition, altcoins are any cryptocurrency other than Bitcoin. So, Litecoin, Ethereum, Bitcoin Cash would qualify as Altcoins.

As per estimates, more than 5,000 Altcoins are operating at the moment. Consequently, there are 20,000 different markets you can choose from. Some will be more volatile than others. So if planned and executed properly, you’ll have multiple opportunities to make a profit.

Peer-to-Peer Money Transfer

Most exchanges will have peer-to-peer money transfer options in place. With these, you can easily fund your account and take your profits. Once you’ve profited from a trade, you can withdraw cryptocurrency investment to your preferred wallet.

Some investment platforms do not have the option of withdrawing Bitcoins as per your wish. In the Bitcoin community, traders refer to this practice as “not your keys, not your coins.” This essentially means that you do not own the coins if you do not hold keys to your Bitcoin wallet.

Demo Account

When you’re just getting started with crypto trading, you shouldn’t trade directly with your money or Bitcoins. Instead, it would help if you traded with a demo account to get familiar with the exchange and the trading process.

So you’ll find a demo account at many cryptocurrency exchanges. Sign up for a demo account that doesn’t require any deposits or credit card information. You can trade risk-free. Once you get familiar, you can switch to a real account and start trading with real cryptocurrencies.

Live Chat and Support

When you’re trading at an online cryptocurrency exchange, things may go awry at times. In such cases, you can seek the help of a customer support rep via live chat. At most crypto exchanges, you’ll find this feature to seek immediate support for your concern. Other exchanges will have an email or telephonic support facility in place.

Online cryptocurrency exchanges like Swyftx Pty Ltd are still evolving, and you’ll find many more useful features in the future. But the above ones are the bare minimum which any exchange should have by default.

Tags: cryptocurrencyexchange-tradingimmediateoptions-seekplatform-moneysupporttransfer
Previous Post

Things to consider before you buy Marvel's Avengers

Next Post

In Which Ways Can You Be Facilitated By The Hotels?

Away Some Article

Away Some Article

Away Some Article is an experienced writer who has written a plethora of articles, based on technology. Her extensive knowledge about Technology is evident from the articles, as written in this blog. you need submit a guest post?, then contact us

Next Post
In Which Ways Can You Be Facilitated By The Hotels?

In Which Ways Can You Be Facilitated By The Hotels?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe To Our Newsletter

  • Trending
  • Comments
  • Latest

Coin master free spin and coin links

February 28, 2021
Latest And Most Exciting Trends In Mobile App Design In 2020

Latest And Most Exciting Trends In Mobile App Design In 2020

August 8, 2020
austin-distel-VwsuhJ9uee4-unsplash

6 Things You Must Know Before Starting an Online Business

August 23, 2020
How to Estimate the Time, Cost, and Deliverables of an ML App Project

How to Estimate the Time, Cost, and Deliverables of an ML App Project

August 1, 2020
Getting Amazing Results on your Carpet Without a Steam Cleaner

Getting Amazing Results on your Carpet Without a Steam Cleaner

2
How to calculate returns on FDs?

How to calculate returns on FDs?

2
Dissertation Writing Help

Most Common Problems Students Face With Writing Dissertations

2
hair-growth-long-hair-stock-today-180622-main-art_698aa92eb44df10ec28944776bdbc015.fit-760w

Learn How to Grow Hair Fast

2

ManCapitalGroup Review: Best Online Brokerage for Online Trading In 2021 (www.mancapitalgroup.com)

February 28, 2021
InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

February 28, 2021
London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

February 28, 2021
MyTradingCollege | 3 Best Courses On Trading To Get Now!

MyTradingCollege | 3 Best Courses On Trading To Get Now!

February 28, 2021

Recent Blog

ManCapitalGroup Review: Best Online Brokerage for Online Trading In 2021 (www.mancapitalgroup.com)

February 28, 2021
InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

February 28, 2021
London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

February 28, 2021
MyTradingCollege | 3 Best Courses On Trading To Get Now!

MyTradingCollege | 3 Best Courses On Trading To Get Now!

February 28, 2021
ADVERTISEMENT
Away Some Article & Blog

Submit A Guest post | Away Some Article & Blog

Follow Us

Browse by Category

  • Accounting
  • Architecture
  • Automobile
  • Automotive
  • Beauty
  • Best Exercises
  • Biography
  • Bitcoin
  • Blockchain
  • Business
  • Career
  • CBD
  • Computer
  • Content Management System
  • Corona virus
  • COVID-19
  • Dentist
  • Designing
  • Digital Marketing
  • Digital Marketing Trends 2020
  • Drupal 8
  • Drupal 9
  • Earn Money Online
  • eCommerce Businesses
  • Education
  • Electronics
  • Entertainment
  • Face
  • Facebook
  • Fashion
  • Finance
  • FinTech apps
  • Fitness
  • Food
  • Furniture
  • Gadgets
  • Games
  • Gardening
  • General
  • Gift
  • Google Flutter
  • Graphic Design Services
  • Graphics Cards
  • Guest Post
  • Guest Posting
  • Gym
  • Hair Care Tips
  • Health
  • Holiday Accommodation
  • Home improvement
  • Household
  • Interior Design
  • Internet
  • Jewelry
  • JioMart News
  • Jobs
  • Kitchen
  • Laravel Development
  • Law
  • Legal
  • Lifestyle
  • Loan
  • Magento 2
  • Magento 2 App Development
  • Marketing
  • Medical
  • Medical Store
  • Men's Health
  • Mental Health
  • Mobile & Web Development
  • Mobile App Development
  • Mobile Recharge
  • Movies
  • Moving and relocation
  • MVP Development
  • News
  • Office Furniture
  • Online Business
  • Other
  • Park
  • Party
  • Photography
  • Psychologist
  • RAKHI
  • Real Estate
  • Recruitment Services
  • Restaurant
  • Restoration Company
  • Rose
  • SEO
  • Skin
  • Smartphones
  • Social Media
  • Social Media Marketing
  • Software
  • Sport
  • Teaching
  • Technology
  • Telecom
  • Tiles
  • Tips
  • Travel
  • Traveling
  • Uncategorized
  • Use Integrity Scanning
  • Villa
  • VoIP
  • Web and Mobile Development
  • Web Designing
  • Web Development Services
  • Website development
  • Women
  • Wordpress
  • Yoga
  • Yoga Therapy

Recent Article

ManCapitalGroup Review: Best Online Brokerage for Online Trading In 2021 (www.mancapitalgroup.com)

February 28, 2021
InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

InfinityCapitalG Review 2021– Is this platform worth the hype? (www.infinitycapitalg.com)

February 28, 2021
London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

London-Gates 2021 Review: Brand and Functionality (www.london-gates.com)

February 28, 2021
MyTradingCollege | 3 Best Courses On Trading To Get Now!

MyTradingCollege | 3 Best Courses On Trading To Get Now!

February 28, 2021
The Investment Center Review 2021 – How I found and started trading with this platform? (www.investmentcenter.com)

The Investment Center Review 2021 – How I found and started trading with this platform? (www.investmentcenter.com)

February 28, 2021
Bitteks CFD Platform Review – Charting, Analysis, And Live Trading All In One (www.bitteks.com)

Bitteks CFD Platform Review – Charting, Analysis, And Live Trading All In One (www.bitteks.com)

February 27, 2021
13 Unique Features Every E-commerce Mobile App Must Have

13 Unique Features Every E-commerce Mobile App Must Have

February 26, 2021
  • About Us
  • Privacy & Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Away Some Article. All rights reserved.

No Result
View All Result
  • Home
  • Magento 2 App Development
  • WordPress
  • SEO
  • Yoga
  • Lifestyle
  • Health
  • Write For Us
  • Contact us

Copyright © 2020 Away Some Article. All rights reserved.