Cryptocurrency seems to be trending everywhere. Whether in a conversation with friends, a column in the newspaper, news on the TV, or an article on the web, you must have heard or seen about cryptocurrency somewhere. 2021 was the year of cryptocurrency and it looks like crypto will be ruling the whole decade.
If you are interested in cryptocurrency but do not understand the whole concept then keep on reading. We will be sharing the basics about crypto and how can one begin trading cryptocurrency.
Intro to cryptocurrency
Cryptocurrency is money in its digital form. It is intangible as the whole system is computerized. Cryptocurrency uses the technology of cryptography to make the buying and selling of cryptocurrency between two people secure.
The first-ever crypto coin, Bitcoin, was launched in 2009. There were attempts in creating cryptocurrency before as well, but none of these attempts could be successful in solving the double-spend problem. Cryptocurrency is decentralized and there is no central authority controlling it, unlike paper money where banks keep a check on everyone’s money, this is where the double-spend problem came from. But in 2009 this problem was solved by the release of a revolutionary technology called Blockchain. Blockchain is a digital public ledger that keeps a record of every single transaction that has occurred. Thousands of computers are working together in sync to ensure the smooth running of the Blockchain.
The crypto market has been growing ever since Bitcoin was launched. The current market cap of the whole cryptocurrency is a whopping $2 trillion. As cryptocurrency becomes more and more popular, several new investors join the crypto market daily.
How to begin trading crypto
Since there are no banks for cryptocurrency, many apps have been developed that let people trade cryptocurrency through them. There are so many options in the market at present that it can get tough to select anyone. To make your life easier and save you from going through all that hassle of choosing a suitable app, we have a suggestion for you. BitLQ. Try your hands on BitLQ and you will not regret using it even for a single second.
What is BitLQ
BitLQ is an automated trading software that has been developed by some brilliant minds. It was designed to make crypto trading easy and accessible for everyone. The founders of BitLQ did not want anyone missing out on the great profit-making opportunity in cryptocurrency just because they could not find an appropriate tool to step into the world of crypto, this is why they wanted to create the most perfect platform for crypto lovers so this is how BitLQ came into being.
Here are some of the reasons that make BitLQ, investors’ no.1 choice and the best software amongst its competitors.
You can be sleeping in your room or having dinner at a restaurant, while the bots take care of the trading. How automated trading works is, that the app will ask you to set trading parameters and your risk tolerance, and then keeping these two things in mind and using the superior technology integrated into them, the bots will make the trading decisions on your behalf.
If you do not feel comfortable with the idea of automated trading and want yourself to be in control, you can easily switch to manual trading. However, it is encouraged by the app to use automated trading as it takes away all the manual time-consuming search and analyses and you can never miss out on a profitable opportunity as the bots work 24/7 meanwhile, it is humanly impossible for you to be on the app all 24 hours a day.
The main aim of BitLQ is to make traders’ lives easier. This is why everything from the registration process to the app’s interface is designed to be quick, easy to understand, and smooth.
Security is any person’s biggest concern, and rightly so. No one wants to lose money over fraud or become a victim of a scam. BitLQ realizes the importance of a secure platform and has top-level security protocols in place and the software is also SSL encrypted. This protects your data from any sort of theft or leakage. With BitLQ you can be completely sure that your money and data are in a safe place.
In cryptocurrency, it is vital to have accurate live market analyses and correct past price data to set the trading parameters and make the trading decisions accordingly. The latest technology in BitLQ provides an accurate insight into the crypto market and every other information that is necessary for a trader. You don’t need to go anywhere to gather info on the market as all the data that you will need is already available on the app.
No, this is not a typo. BitLQ is free. Sounds too good to be true, right? With so many trading apps that charge such hefty amounts from their users and still fail to deliver good service, BitLQ is nothing like them. BitLQ provides such excellent service free of cost. There are no registration charges or any sort of commission. BitLQ is very transparent about its policies so there are no hidden charges either.
Become a part of BitLQ with these 3 easy steps
- Firstly, you will be needed to fill out a form available on their website with your relevant details. After you have filled the form, submit it and wait for authentication. Authentication hardly takes a minute and once your details are verified your account will be created on the app
- Now that you have signed up with your account, you will be required to deposit funds in it to start trading. The minimum requirement is £250 however, there is no limit on the maximum amount that you can deposit.
- Once the money has been deposited you are good to go. That’s all you need to do to begin trading cryptocurrency.
The ending note
Cryptocurrency is a market with lots of potentials. The sooner you realize this the better because the earlier you enter the market the more profits you will be able to enjoy. Do not be hesitant to invest in cryptocurrency anymore as BitLQ is here to guide you every step of the way. By putting correct strategies in place and making full use of the features offered by BitLQ, there is nothing that can stop you from making loads of money and earning great profits.