Crypto traders can benefit from margin trading with LiteFinance broker and take their investments to a new level of return!
Benefits of Cryptocurrency Trading with LiteFinance: A Game Changer in the Crypto Industry
Cryptocurrency has become not only a payment means but also a profitable financial instrument. Digital assets are highly volatile and can yield solid profits in a short time.
The main question is how to trade cryptocurrencies – on a crypto exchange or through a Forex broker? According to crypto experts, the best platform should be as accessible as possible, protected from any hacks and failures, and provide favorable trading conditions.
Crypto traders can use all the benefits of margin trading with the LiteFinance broker and take their investments to a new level of return! This is a game-changer in the crypto industry!
Enter sell trades in a couple of seconds
Trading with LiteFinance, you can open sell positions (short trades, as experienced traders call it) in a couple of clicks. On a crypto exchange, traders must first buy a cryptocurrency with the expectation of its further growth and only after a while sell it. On the LiteFinance online trading platform, you can immediately open a sell position and make a profit when the price drops in a downtrend. Transactions are executed immediately at the market price due to a vast network of counterparties built on ECN technologies. You don’t have to wait for a good moment to exit your trade. Set a take profit, and the position will close with a profit automatically when the market reaches the specified price level.
Low spreads and swaps
LiteFinance requires the lowest possible transaction costs when trading cryptocurrencies. Swaps (fees charged by the broker for transferring the trades onto the next day) are significantly lower than those set by crypto exchanges and other brokers. Market raw spreads (the difference between the buy and sell price) are available on LiteFinance ECN accounts. For example, for ETHBTC on an ECN account, the average spread is 0.00001 points, and the swap to buy and sell is only -0.20$. Thus, it is much easier for traders to plan long-term actions and achieve their trading goals. Furthermore, the LiteFinance platform charges the lowest transaction commissions among crypto trading providers.
Affordable trading
When trading cryptocurrencies, LiteFinance clients can take advantage of 1:50 leverage. This means that only 2% of the transaction amount is needed as collateral to open a position. Leverage allows traders to use less of their own funds to open larger positions. In this case, the potential profit will increase significantly relative to the funds deposited into the account. You don’t like high risk, do you? Trade in small volumes, and even with a small deposit, your opened positions will withstand a drawdown and won’t be stopped out.
Safety
Have you read the news about digital currency theft worth millions of dollars? Have you heard about the hack and subsequent bankruptcy of a famous crypto exchange? After all, no one is safe from such events. Nonetheless, LiteFinance clients can be sure that their funds are totally safe. All transactions are securely protected because the company has many years of experience and a strong infrastructure that has been developed and modernized since 2005. Clients’ digital assets are stored in separate cold crypto wallets and insured.
Wide range of cryptocurrencies
The LiteFinance web platform has the widest selection of digital assets among brokers, with over 75 cryptocurrency pairs available. Traders can choose the most popular coins, such as Bitcoin and Ethereum, for short-term trading and make profits from both price rise and fall daily. You can also open long-term buy positions for tokens of developing crypto projects, whose cost currently does not exceed $1. In the case of successful blockchain development, the token value will increase significantly, and the profit will be enormous. With such a rich selection, traders can develop various strategies based on their targets and acceptable risk.
LiteFinance also closely monitors the world of cryptocurrencies and regularly adds promising digital assets to the list of trading instruments. You can see yourself the benefits of trading crypto assets with LiteFinance. All you need is to sign up, open a trading account and deposit it. That’s it. You can choose any suitable cryptocurrency asset and trade in a convenient and intuitive LiteFinance online trading platform.