Crypto is a digital currency, but more importantly, it’s an asset that’s designed to act as a medium of exchange. Powered by blockchain technology and cryptography, cryptocurrencies offer secure and transparent transactions. While Altcoins share similarities with Bitcoin, they come with unique characteristics, including different algorithms and block sizes, as well as specific services they are built to support.
When trading digital currencies, you don’t actually own the underlying asset. Since digital currencies are traded in pairs, you’re speculating on the rise or fall of the base currency’s value against the quote currency.
Brain Wave Fortune offers digital currency pairs where the base currency is a cryptocurrency and the quote currency is a fiat currency (e.g., BTC/USD). If your market prediction is correct, you’ll profit from the difference between the opening and closing prices of your trade.
Brain Wave Fortune offers the leading 15 digital currency pairs with leverage of up to 1:500, which is really high. Trading digital currencies is an easy way to enter the market, as it doesn’t require a crypto wallet, and there are no transaction fees, unlike trading physical cryptocurrencies. The crypto asset class is also the most volatile out of all the markets.
Moreover, you avoid the risks associated with crypto exchanges, such as malicious attacks that can result in losing your funds.
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