LuStock, the new market leader in terms of online trading platforms, is a nice environment to start trading Bitcoin as well as a wide variety of other cryptocurrencies. You may start trading Bitcoin and other cryptocurrencies easily and confidently on LuStock, the innovation leader in online trading platforms.
With Bitcoin’s rapid rise, many investors have started searching for a new broker that would provide them access to the cryptocurrency market.
Bitcoin and other cryptocurrency pairs are available as Contracts for Difference on LuStock.
In addition to Bitcoin, LuStock provides CFD trading for over 15 additional cryptocurrency assets.
If you are interested in trading Bitcoin as a CFD, LuStok has all the resources you will need. The platform’s trading interface is powerful but straightforward, and it’s optimized for use on both desktop computers and mobile phones, so you can trade whenever and anywhere you choose.
LuStock App, a full-featured mobile app from LuStock, is available for download for iOS and Android smartphones. You may start trading Bitcoin and other cryptocurrency CFDs in the same manner that you trade foreign exchange and commodities with access to the LuStock’s platform. LuStock offers several learning materials for newcomers to CFD trading.
All the Ways in Which LuStock Can Help You Succeed as a Trader.
In addition to a wide selection of cryptocurrency pairs, LuStock offers CFD trading on more than 300 underlying assets. Famous stocks like Apple and Facebook, commodities like gold and oil, and currencies are all examples. LuStock operates similarly, with no fees taken from customers.
The following are some of the primary benefits of using LuStock to trade cryptocurrency rather than another broker:
– Integrity in dealing with customers
They’d rather work with partners than customers since they want a mutually beneficial business relationship.
– It’s not enough to profit while the market is rising, you must also capitalize on downturns.
If you predict an asset’s value will drop in the next period, all you have to do is create a short position in CFD trading to profit from the down trend, making trading CFDs a more robust alternative to conventional trading.
Zero slippage and leverage on low-volume cryptocurrency pairs
For example, if a trader puts up one Bitcoin and uses a leverage of 1:100, he or she may make trades as if they were dealing with one hundred Bitcoin. This means that if Bitcoin’s value rises by five percent, the trader would earn five Bitcoin plus his or her original investment of one Bitcoin.
When the value of low-volume cryptocurrencies is increasing fast, but traders can’t afford to buy or sell large amounts of the asset on standard exchanges due to slippage, low-volume pair trading has become a popular solution. In other words, let’s take a coin with low volumes (less than $200,000 per day) that increases dramatically in price, but if you wanted to buy $50,000 worth of it on the exchanges, you’d have to pay 50% more than the prices shown, and if you wanted to sell, you’d have to settle for 70% less than the prices shown.
LuStock is the most flexible crypto trading platform since it enables partners to request new pairs to be added to meet their needs.
A flawless track record and the highest level of protection for customer information and financial transactions
While considering new trading platforms, LuStock stands out as the most trustworthy option due to its long history of providing institutional trading services. At the same time, customers can rest easy knowing that their information is protected beyond what is required by law, and their money is safe in the hands of a third-party, fully regulated financial provider, to which they have exclusive, direct access.
LuStock doesn’t take a percentage of your cryptocurrency trades like some other exchanges do, so investors can get their money’s worth without sacrificing the entire bitcoin experience. As cryptocurrencies are traded as CFDs, customers may take advantage of leverage of up to five, allowing them to get more exposure to the market. In addition, the danger of bitcoin theft is eliminated.
In addition to these features, LuStock includes a dedicated market adviser, around-the-clock support, and free learning resources. They come in the form of live news, webinars, market updates, tools for tracking economic patterns, and more gleaned from analysts’ work. When you’re ready to start trading for real, a genuine account may be opened with a minimum deposit of €250 and a lot size of 0.01.
Visit https://www.lustock.com to learn more about the trading platform and to sign up.
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