Even though cryptocurrencies were first introduced in 2009, they reached new heights of popularity a couple of years ago. What started with Bitcoin has turned into a massive tide as there are tons of crypto coins that you can now find in the market. Initially, they were not able to gain traction because their lack of regulation was seen as a downside, but now their decentralization has turned into an advantage. Therefore, they have become an excellent investment vehicle and are the top choice of traders who are interested in making substantial returns within a short time period.
However, in order to start trading these cryptocurrencies, you have to find a broker, much like you do with other trading instruments. Finding the right broker is key because you don’t want to risk your money and want to start earning right away. One of the best brokers for cryptocurrencies is the RoyalCBank trading platform. This broker has also reached the top very quickly and is dedicated to crypto trading. It has been launched by a team of professionals who have been part of the trading industry and their knowledge and expertise is reflected in the brokerage. With RoyalCBank, you will find everything you need in a broker that enables you to tap into the potential of crypto trading.
Free to use
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If you are wondering why RoyalCBank has managed to reach such heights of success so quickly, it is due to the features and services they are offering. Some of these include:
A powerful and versatile trading platform
The trading platform that a broker provides is used for executing trades in the market. You open positions and decide how much crypto coins to buy and sell and at what price. As this plays an important role in your trading experience, you want to be able to use the trading platform easily. Even a slightly delay in executing your trade can lead to losses. The RoyalCBank platform has made extreme efforts to create a versatile and powerful platform and has also ensured that it is also easy to use. It is not just newbies, but even experts prefer simplicity because it reduces the hassle. Their platform is a web-based one so it doesn’t need to be downloaded and its performance doesn’t depend on any device. It works on any device, as long as an internet connection and browser is available, and shows all results in real-time.
Many cryptocurrencies are available
As mentioned before, the crypto market is now full of many new coins, not just Bitcoin. While some of them die a quick death because they are not really viable, there are others that have turned out to be quite profitable. RoyalCBank has a huge asset index, which gives you the option of trading as many cryptocurrencies as you like. But, the most appealing thing about the broker is that they have only added profitable options, such as Litecoin, Ethereum, Ripple and Bitcoin Cash to their portfolio. This saves you from investing in shady options that could lead to losses. The broker does thorough research into each option so you don’t have to do it, which saves a lot of time and hassle.
The trading costs are low
When you are using a broker’s services, you would certainly have to pay for them. Every broker follows a different structure when it comes to charging its clients. In some cases, brokers charge commission, which is a percentage applied to the amount of your trades. Some brokers prefer to use spreads for making their profits, which is the difference between the buying and selling price of a cryptocurrency. The former can cost a lot more when you have a high trading volume, but the latter is more cost-effective. Luckily, the RoyalCBank trading platform has opted to use spreads for making profits. As a matter of fact, the broker offers very tight spreads for most crypto pairs and this allows you to enjoy low costs when trading cryptocurrencies.
A compensation scheme is available
One of the most appealing things about RoyalCBank is that it provides its clients with peace of mind. When you opt to use the broker’s services, you don’t have to worry about putting your money at risk. Sure, you will probably have to deal with losses during trading, but there will be no risk of any misappropriation or discrepancy on the broker’s part. This is due to the fact that RoyalCBank is regulated by the Financial Commission under Category A. This is the highest category available for brokers and the advantage is that all brokers that are members of the FinaCom have to offer a compensation scheme to their clients. You will receive a compensation of $20,000 if the broker goes bankrupt or there is a problem on their end, which means you don’t have to worry about your investment.
Expert assistance is available
Another unique feature of RoyalCBank is that it provides you with the option of using the expertise, skills and knowledge of people who have been part of the crypto market from the beginning. As a matter of fact, you can give complete charge of your account to these specialists who are part of RoyalCBank and they will make trades on your behalf. Since they keep up to date with the trends, they will be able to make better and smarter decisions and this will allow you to enjoy exponential profits.
Numerous trading tools are available
When you are trading on your own, you will need trading tools to help you in making good decisions. There are a wide array of tools in the market that can cut down the work traders have to do and RoyalCBank has incorporated some of the best ones on their platform. They have risk management tools, charts, analytical tools and others that enable even beginners to make great decisions and earn the returns they have always wanted.
Free to use
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