One of the most popular commodities in the world of trading nowadays is none other than cryptocurrencies. What started with Bitcoin has now evolved and the industry now comprises of numerous other cryptocurrencies, such as Ripple, Ethreum, Litecoin and more. Therefore, it is not surprising to know that people have become interested in investing in them. Bitcoin has already helped numerous investors in enjoying huge returns. Cryptocurrencies are now being widely accepted, which means they have a huge potential for profits, as long as you are careful about your volatility. If you are also interested in taking advantage of this potential, you will first have to find a broker who specializes in cryptocurrency trading.
The key is to find a reliable broker who can offer you the top notch services when it comes to crypto trading. One of your best choices is none other than StsRoyal, which is a cryptocurrency investment platform. The broker enables you to trade the cryptocurrency of your choice and also gives access to the best tools and technology that can help you in becoming a successful trader. Even though there are other choices that are available, you need to use the best because this market should not be taken lightly. Hence, StsRoyal is the right choice and can help you in enjoying the returns. How? Let’s take a look:
It provides excellent levels of security
Security is not something that you can take lightly when you decide to trade cryptocurrency or any other asset. The industry has had to deal with hacking attacks and scams and this has automatically made people wary of sharing their information and their funds with anyone, even with their broker. But, how can you trade if you don’t share your information and funds with your broker? Keeping this in mind, StsRoyal has developed some of the top notch safety and security protocols that you will not find in many brokers.
They keep the personal information of their clients’ safe with the help of SSL encryption. Since the data is encrypted, even if anyone accesses it, they cannot make sense of it. They also use the top security standards for keeping their funds safe. Another point that works in their favor is the fact that they vet each and every person thoroughly before letting them sign up. They follow the KYC (Know your Customer) policy under which people verify their identity before trading. This means that proof of identity has to be shared in the form of a government-issued ID and proof of address, which is a document displaying their name and address. In this way, scams and frauds can be reduced because they can check up on people.
It has some of the best margins and leverages
One basic fact about trading is that the more you invest, the more you earn. But, obviously not everyone has a ton of money they can just put in. This is where leverage can be helpful. When you enter a trade, the broker is also willing to make a contribution to it. For every dollar you invest, the broker makes a contribution, which means your investment gets bigger. StsRoyal offers 1:5 leverage for cryptocurrencies and you can benefit from it when the trade goes your way. This may not seem much, but considering how volatile and unpredictable the market is, this leverage can let you earn plenty.
Margin requirements is the next element you need to consider when it comes to a broker. They require you to leave some money in your account when making a trade i.e. not use up your entire balance. Most brokers require their clients to leave at least 5% of the trade value in their account before it is executed, which can be quite difficult when you are trading on a budget. Luckily, with StsRoyal, you don’t have to worry about such margin demands because they have kept them reasonable and so everyone is able to buy and sell cryptocurrencies.
It helps beginners in getting started
Trading has become quite popular as the internet has made it easily accessible and also because the learning curve is not that big. You don’t need to have the right education or certification to trade in the financial markets. Nevertheless, it certainly doesn’t mean that anyone can just jump in and be actually good at it. When you trade, you put your money on the line and if you make a mistake, you will be left empty handed. As you start trading, you will discover that there are strategies, both basic and advanced, for boosting your profits.
The question is how do you learn these strategies? You cannot learn on the job because, as mentioned before, your money is at risk. You have to learn properly and this is where StsRoyal helps you. You can get in touch with a personal consultant when you sign up with a broker. These consultants are part of the crypto industry, which means they are aware of the market’s ins and outs and can help you in learning from their experience. This is a more realistic way of learning because the knowledge you get from online courses and books is vastly different from what the actual market has to offer. This is why StsRoyal has placed a lot of emphasis on mentoring and enables beginners in learning skills so they can make better trades.
It aids in diversifying your portfolio
The cryptocurrency market has come a long way from the introduction of Bitcoin back in 2009. Sure, there is no harm in starting with Bitcoin when you are looking to trade, but not everyone may have the funds to start with this option. Moreover, it has tough competition as well due to which considering other cryptocurrencies often appeals to other traders. Even if you do start with Bitcoin, you may eventually want to move to other options. Hence, you want to ensure that the broker you select offers you the opportunity to do so. With StsRoyal, this doesn’t have to be a concern at all.
This cryptocurrency investment platform is aware of how traders eventually want to diversify their investment portfolio due to which they have a wide asset index. Yes, they offer you the top market contenders, like Bitcoin and Ethereum. At the same time, they have spread out and offer you ICOs and crypto tokens that are quite new. You will find hundreds of options at your disposal when you sign up at StsRoyal and it is up to you to decide which one can offer you the right potential.
With the many options out there, it is certainly possible for investors to diversify while remaining in the same market because the potential of every cryptocurrency can vary. Bitcoin itself has some hard forks, such as Bitcoin Cash, which you can trade on StsRoyal. Apart from that, you will also be able to invest in Ripple, Litecoin and other options. The broker is working to constantly add more options to their platform for the benefit of their customers so they can get a bigger piece of the pie.
It offers great spreads and commission
One of the most notable features of StsRoyal is that this crypto broker has not attempted to use commissions for filling its own pockets. They don’t charge commissions here and there from their clients just so they can make a profit. Customers are able to make deposits free of cost and directly from their cryptocurrency wallet. There is a small cost associated with withdrawals, but again this is not something that the broker charges; it is part of the blockchain transaction. In addition, no commission is charged by StsRoyal on the overall trading volume. So, how exactly does the broker earn?
They rely on spreads, which is a relief for traders because they don’t have to watch their volume when they are trading. But, what is really appealing about StsRoyal is that it hasn’t gotten carried away with the spreads either as some brokers are known to do. There are brokers who have loose spreads and that’s only because they want to exploit their clients. In contrast, you will find the tightest spreads being offered by StsRoyal, which means you get to keep most of the profit for yourself and share only a little with the broker.
It has a section for educating traders
As mentioned earlier, you don’t need to have proper certification or degrees to be a trader and the same is applicable to crypto trading. But, even if there are no barriers to entry in the financial markets, you cannot navigate them if you are not familiar with the appropriate jargon, terminologies and workings. This is especially true in the case of cryptocurrencies because they are a relatively new commodity and their workings are a lot more complicated than any other asset in the market. In fact, every now and then, a new aspect of cryptocurrencies come to light and traders need to be well-versed in them for being able to trade successfully.
You need to remember that the rules and principles of the forex market are not applicable to cryptocurrencies as they are vastly different. The latter are not under the control of governments or any other entity, which means it is difficult to predict their movements. Therefore, it is vital for any and every trader to understand them properly before investing your money in them. Similarly, you should also know what factors affect them and the strategies that can be used for trading them right. All this information is made available by StsRoyal in a separate section especially made for education of traders, which is immensely beneficial for every trader in the long term.
It provides reliable and prompt customer service
In today’s competitive market, customer service is a priority for every business, no matter what product or service they are offering. The same is true for cryptocurrency brokers and trading platforms as well. Therefore, every broker offers customer service to its clients, but what is important to note is that it is not just the existence of customer care that’s important; the quality of customer service also plays a great role. The service needs to be available when you require it or else there is no point in it being there. In response to this demand, StsRoyal has ensured that its representatives are available 24/7 for the ease and convenience of its clients.
For any immediate help, the cryptocurrency investment platform has added a live chat feature on their website, which can be used by traders. If the matter is not urgent or you don’t want to use it, their agents can be reached through email. Some traders prefer to communicate directly and for that a telephone number is provided. As a matter of fact, the broker gives the option of scheduling a callback for the convenience of its customers. They have supportive and friendly agents who try to solve your problems as quickly and effectively as possible to ensure you can enjoy smooth services.
Lastly, StsRoyal has also developed a thorough FAQ section that can be accessed on their website. Here, they have provided answers to common queries and concerns, which can save you from having to reach out to customer service and to wait for their answer.
Final Thoughts
Due to these features, it is not difficult for people to see why StsRoyal is highlighted as one of the best cryptocurrency investment platforms in the market. It is the right place for every trader to get started when they wish to enjoy the returns from crypto trading. The broker provides its services in eight languages to appeal to traders in different parts of the world. It has also developed a strong and powerful trading platform for its traders and this can bring them closer to achieving their trading goals. You can sign up with the platform easily and begin experiencing the benefits of StsRoyal in a very short amount of time.
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