Crypto Trading
Amongst the most popular asset classes, cryptocurrencies have quickly become a firm favorite as they offer a wide range of trading opportunities. Learn more about these digital currencies.
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Tight Spreads
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Effective Trading Tools
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Mobile Trading Available
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Negative Balance Protection
Cryptocurrencies can best be described as digital or virtual currencies that are hosted on blockchain technology and secured by cryptography. The cryptography of cryptocurrencies makes them secure and almost impossible to hack, double spend, or counterfeit. We have over 20,000 cryptocurrencies currently available, serving various functions and they are mostly decentralized networks. As decentralized networks, cryptocurrencies are not controlled by central banks or other central entities. Instead, decisions about the digital currency are made by the community of investors and developers.
Bitcoin was the first cryptocurrency that was created and developed to serve as an alternative to fiat currencies at a time when the global economy was in ruins. Since cryptocurrencies are not controlled by central banks or other government entities, they are immune to government manipulation and interference, unlike the traditional fiat currencies and assets, such as the US dollar, the euro, and more.
However, a key feature of cryptocurrencies is the volatile nature of these assets. While many see the volatility as a disadvantage, it also allows traders to make money in an ever-evolving market.
PanaceaCapitals enables you to trade a wide range of cryptocurrencies as CFDs. This means that you don’t have to buy the actual cryptos on exchanges or hold them in your wallets to make money from trading them. CFDs allow you to make money on assets by simply speculating on their prices. That is, you simply need to predict if the price of the digital asset will increase or decrease. Based on this, PanaceaCapitals allows you to trade cryptos without the need to hold the actual coins and tokens in a wallet.
At PanaceaCapitals, we offer you direct access to Bitcoin and many other cryptocurrencies which can be traded with ease on our intuitive platform. We also offer tight spreads, fast trade execution, and access to a vast range of effective trading tools. With access to our tailored services and features, PanaceaCapitals is the ideal trading platform for both expert and novice traders.