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Bitcoin - "superstar" of the foreign exchange market Bitcoin - "superstar" of the foreign exchange market

Despite the fact that bitcoin is still a very young currency, even the dollar can envy its popularity. He often becomes an object of excitement on trading floors. Thousands of people around the world literally hunt for this virtual currency. Mining has become quite a serious activity. A couple of decades ago, it was hard to imagine, but today it's reality. Let's try to understand why so popular bitcoin.

A bit of history

Bitcoin first appeared in 2009. Then its cost was negligible - 0.05 dollars. In just a few years, the rate of the crypto currency has grown tens of thousands of times, and today, about 1 bitcoin is given about 8,000 dollars. Impressive statistics!

Such an indicator as volatility, that is, price volatility, in bitcoin is beyond competition. No real currency in the world can compete with bitcoin for volatility. It is this - the opportunity to play in large on the difference in rates - so attracts speculators. Bitcoin creates ample room for maneuver, get rich easily and quickly - every financial market player dreams about it.

What do you risk, investing in the crypto currencyWhat do you risk, investing in the crypto currency?

Crypto-currencies, which have turned traditional ideas about financial markets, are an investment instrument attractive for many. To earn on them, and not bad, you can with a small starting capital. Crypto-currencies that appeared recently have a minimal cost, and, looking at bitcoin, it can be argued that they have every chance of explosive growth. At the same time, investing in tokens involves a variety of risks, many of which are not common to other financial markets. What do you risk, investing in the crypto currency? A list of the main threats is in this article.

Development of the Crypto-currency in 2018: the opinion of specialists

The market of crypto-currencies is one of the most promising and fast-developing industries. At the moment, electronic money is being integrated with the traditional financial system. Already today they are used to pay for goods and services, purchase of real estate and jewelry. Financial advisors forecast strengthening of positions and further development of the Crypto-currency in 2018, and do not exclude the possibility of raising their status to a system-forming factor in the near future.

What's new in the market for crypto currency in 2018

The sharp growth of bitcoin in 2017 led to the fact that many people were interested in binary options on crypto-currencies, which allow multiplying the available capital several times. The number of people who want to invest their savings in digital coins is growing rapidly.

In 2018, the crypto currency will be legalized in Singapore, Japan, Switzerland and the US, which will cause even greater excitement around binary options. According to analysts' forecasts, in 2018 most of the existing crypto-currencies will strengthen their positions, plus an additional 10 new ones will appear.

Mobile app for trading Forex, Crypto and Binary Options overview by TradeToolsFX page: https://play.google.com/store/apps/details?id=com.tradetoolsfx.fxgo
FXGO for Android®, a mobile application that will greatly simplify the very process of trading, which is characterized by a fairly tight schedule. After all, each trader, for sure, it is important to be able to use your time with maximum efficiency. Especially in the case when you combine your trade with other forms of employment.

Chicago, USA - December 5, 2017 - TradeToolsFX today released FXGO for Android®. FXGO is a mobile application TradeToolsFX, able to satisfy the appetites of the most demanding traders, offers you to immerse yourself in the intellectual world of trade with a pleasant interface. We have a wide range of assets on our platform. These are the most popular pairs of Forex: EUR / USD, GBP / USD, AUD / CAD, CFD and shares of leading companies: Apple, IBM, as well as the most popular crypto-currencies: Bitcoin, Ethereum and others!

 

NEW! Mobile application for trading Forex, Crypto and binary options (Google Android and Apple iOS).

 Why do you need a mobile application for trading Forex, Crypto or binary options market.

 The mobile application greatly simplifies the very process of trading, which is characterized by a fairly tight schedule. After all, each trader, for sure, it is important to be able to use your time with maximum efficiency. Especially in the case when you combine your trade with other forms of employment (including, with work or study on a full or part-time basis).

It often happens that profitable trade for users in different time zones of our country falls on evening or night. It may be that the presence of the Forex market is extremely necessary in the morning hours. By installing a mobile application on your smartphone running on Android or iOS platforms, while remaining online, you can not break away from other businesses and be efficient as a trader.

The TradeTools FX technology group was founded in 2008 by a group of highly experienced IT professionals with the goal to create simple, secure and user friendly solutions for the FX market. Our software engineers have years of experience in providing custom tools and solutions for FX brokers, money managers and financial institutions around the world. Our custom solutions enable companies to maximize profits by offering innovative solutions that can be seamlessly integrated into an existing infrastructure or as a standalone offering.

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