How successful cryptocurrency trading is depends not only on the knowledge and skill of the trader, but also on where exactly he trades – on an exchange or with a broker. These two methods of trading are different from each other, affecting the amount of profit. In addition, one of these options gives the trader significantly more opportunities to make a profit and makes trading less risky than the other. Which one? Trading through a broker. Why? Because the brokerage company Gerchik & Co provides traders with the following favorable conditions:
- Easy and fast transfer of cryptocurrency into fiat money and their withdrawal from the account.
- Short trading.
How to increase the profit from transactions with cryptocurrency by 5 times
If you use a leverage of 1: 5, then you can conduct transactions with cryptocurrency for amounts that are 5 times higher than the amount of funds on the deposit. This means that you can get 5 times more profit.
How to get a profit with any movement in the market
Due to the fact that Gerchik & Co provides its clients with the opportunity to trade CFDs on bitcoin, you can earn in any case: both when the rate grows and when it falls, while traders on crypto exchanges can only buy. For them, the sale is prohibited.
100% liquidity – is it real
CFDs are executed at the closest available price. This is guaranteed, and this is their main advantage over regular transactions on crypto exchanges.
If you trade CFDs, then you do not need to worry if the price falls, or wait a very long time for your buy order from the seller’s side to be executed. All applications will be instantly closed, which will save you from unnecessary worries and risks. Trading Bitcoin CFDs is a great opportunity to profit from any trend in the market.
How to protect from risks in the cryptocurrency market
Since the cryptocurrency market is still young and is characterized by increased instability in comparison with the Forex market, it is psychologically much more difficult to conduct transactions on it than with conventional currencies.
The crypto trader is constantly in tension due to a possible collapse, because rumors circulate in the media all the time that bitcoin is a “soap bubble” that can burst at any moment. In such conditions, trading operations with cryptocurrencies are always associated with increased risks due to the fact that this market is very sensitive to almost any, even the most incredible, rumors and speculations.
But if you trade CFDs on cryptocurrencies with the broker Gerchik & Co, then you do not need to worry about this, because the funds on your deposit are stored in dollars, and you can withdraw them at any time.
Therefore, even if a crisis occurs in the cryptocurrency market, you can turn it to your advantage and make a profit where other traders will suffer losses. To do this, you just need to open a sell deal. So, if you want to trade cryptocurrency on favorable terms, use CFD contracts, get leverage, 100% liquidity and instant order execution, then open a trading account with a reliable forex broker Gerchik & Co. And you will be able to earn both on the growth and on the fall of the market, protect your deposit from risks and make a profit much more than on a crypto exchange.