CMSTrader Cryptocurrency Trading has taken off!!
The first crypto currency, called Bit-Gold, was created by Nick Szabo; and it was designed and based on an encrypted algorithm that draws its value from the numbers of transactions made on the asset.
That currency was not used or traded enough so it disappeared for a while - until on 2009, Satoshi Nakamoto, a computer programmer's pseudonym, designed a better algorithm that draws the value from the entire cryptocurrency system collectively, making it an all-around secure asset.
Meaning, to hack the new algorithm, you would need to hack every server that contains the cryptocurrency around the world, which is virtually impossible. This has made Nakamoto's asset safer than money in the bank- he called it Bitcoin.
Today, there are more than some 1000 different cryptocurrencies and the block chain technology that they are based on is being implemented in almost every bank around the world!
The idea behind cryptocurrencies is to put the power back in the public hands and loosen the banks' grip on the financial world.
This of course makes the banks less then happy and governments around the world that are aware that they loose the hold on their financial control of their citizens are trying to implement creative ways to stop them.
But, even thou they keep on spreading news to undermine this development the idea spread like wildfire and some of the currencies jumped from few cents to thousands of dollars.
As cryptos are becoming slowly more mainstream the days of making a killing in just a few weeks are pretty well gone, but for those that rode that wave made enormous amounts of money and a ridiculous return of investment.
The moment this took of the cryptocurrency News site, and cryptocurrency exchange providers were popping up as mushrooms.
It seems as if this is the future and it is already here.
How do we know there is not a Cryptocurrency Bubble and everything will come crashing down ?
As you read before, the bitcoin is celebrating 10 years anniversary soon; and just in the last 10 months alone, more than 680 new cryptocurrencies based on the same technology were created.
Think about this , this is a huge amount of companies, developers applications and possibilities.
Add to that the fact that China is banning all cryptocurrencies from the country to keep control in the banks hands by what the finance world is calling "the purge" before the new Chinese crypto's birth.
Long story short, now is the time and way to take control back from the banks and make money without anyone putting his hand in your pocket.
Trade Crypto currencies
You are able to trade a number of cryptocurrencies as you were and are able to trade regular currencies like the Us Dollar or the Euro. Those forex brokers that understood that there would be an interest in trading these cryptocurrencies entered this arena with their experience and knowledge and strted to provide this cryptocurrency trading experience to their clients.
One such Broker is CMSTrader
CMSTrader Cryptocurrency Trading
Currency trading and learning Forex with CMSTrader
The Forex currency trading market is the largest financial market in the world, with trading volume up to 3.5 trillion dollars daily, covering the risks .
With CMSTrader Cryptocurrency Trading, all traders with low, medium and large capital can participate and learn Forex in order to become better equipped to handle this massive online market that no one can control the prices or trading of, as seen in local markets. The only way to win in the Forex market is to play it intelligently.
Simply put, this is the global market used to earn profits and take control over one's own financial situation without a boss telling them what to do, and due to their devotion to your best interests, risks do not stand a chance.
Now I do not think it is wise to take out your pension and start trading without you knowing what you are doing , like anything else you need to educate yourself. This broker offers the tools and support to do just that. At the same time they are in the market famous for their trading signals.
These Trading signals are suggesting you when to trade, what to trade when to get in and when to get out.
Which, believe me can be very helpful if you just enter this industry.
So, let me give you a rundown of the services they offer
Advantages of CMSTrader Cryptocurrency Trading:
- More than 132 currency pairs ( focus only on a few and know them well but you have here enough choice )
- You can execute deals with a single click in real time trading. (This saves time and makes it easy)
- Narrow points difference (fixed-variable-ICN), and competitive prices without commissions or hidden fees. (What you see is what you get, makes them trustworthy)
- Direct contact with a room
- The opportunity to change your fortune by earning profit 400 times the value of your account (1:400 leverage).
- Cash flow, execution with a single click, and flow up to a maximum of $ 20 million per deal.
- Daily news and information about the market.
- Access to Forex education resources, get a personal assistant who helps you with learning about the industry
In short this is a broker that will guide you into the industry and if you are already trading they will help you get more out of your activity.
