PrimeXBT is predominantly known as a cryptocurrency margin trading platform with award-winning cryptocurrency-based products and services like Covesting copy trading. But it also has forever left its mark on traditional finance with its wide range of major stock indices, commodities, and forex currencies.
After many Bitcoin traders experienced financial markets for the first time, they came to love the thrill of the trade, and how it feels to book each profitable position and show success for their skills gained over the years.
MetaTrader 4 has been transformed into a professional crypto-exchange, thanks to the MTEX trading system developed by NordFX professionals. This is alongside its previous functionality for trading traditional currencies and metals on the Forex market.
The cryptocurrency investment market is a very different one when compared to traditional forex. Not bound by geo-locked factors such as a specific country's political, industrial and commercial setup, cryptocurrency is traded on a global level and every little piece of news from any part of the world can have a significant impact on the market.
So far, cryptocurrency trading and retail trading have largely existed in their own silos. ZeroSum harnesses the versatility of the Ethereum blockchain to create a platform where participants can gain an understanding of all forms of trading by engaging in peer-vs-peer fantasy prediction competitions.
Given that Waves has its own decentralised exchange, I’m often asked about the prospects of development for crypto exchanges. As the blockchain sector grows, will they continue to exist as niche products, or will they be absorbed by the current market leaders? The answer is a little more nuanced than that, and rests on an accurate understanding of what blockchain offers.
China is losing a good portion of its forex Reserves in, what is considered to be by many people, an attempt to raise the value of the Chinese Yuan. China, which got hit by hard monetary issues through most of 2016, still continues to struggle to completely offset its economic woes.