AvaTrade offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7.
Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset. The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.
AvaTrade offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7.
Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset.
The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.
Cryptocurrency Trading at Avatrade vs. Crypto Exchange
Feature | AvaTrade | Exchange |
---|---|---|
Onboarding/registration process | Traders can start to trade immediately | Opening an account directly is a lengthy process |
Speed of opening a trade position | Immediately | Each trade is confirmed via an arbitration panel and takes up to 30 seconds |
Regulation | AvaTrade is Regulated on 5 continents and continuously monitored | Cryptocurrency exchange are not subject to regulatory authorities |
Earning potential | Potentially profit even when markets are moving downward | Earn only when the traded asset is on an upward trend |
Security | No risk of hacking or cryptocurrency wallet theft | High risk of hacking and cryptocurrency wallet theft |
Trade execution | Immediate | Clearing house required |
Liquidity | Extremely liquid | Liquid |
Commissions | None | Mandatory |
What Makes Cryptocurrencies Ideal for Trading
- Cryptocurrency trading allows traders to diversify their investment portfolio, as cryptocurrency price is mainly determined by market sentiment, demand & supply
- Benefit from a wide range of today’s top traded cryptocurrencies
- Crypto assets offer a new form of high-volatility investment
- Cryptos are traded 24/7, even during the weekend