Cryptocurrencies are digital currencies that could become the future payment method.
These digital currencies use cryptography to secure their transactions within a decentralized system, of which countries or governments are not part. Unlike ordinary money that we are used to, cryptocurrencies do not have a central bank and cannot be printed. The ones that exist are the ones that exist.
do
Why trade cryptocurrencies
? Some of the advantages of using cryptocurrencies are the possibility of making international payments without incurring large costs and the possibility of buying products from different countries without having to change currency, among others.
These possible and new uses that are added to the list manage to increase the value of different currencies, such as bitcoin, for example, although the number of cryptocurrencies that we can currently acquire is enormous. For this reason, more and more people acquire cryptos to trade them and obtain benefits thanks to the fluctuation of their value.
However, while it is easy to trade cryptocurrencies on the internet, it is not always easy to know what you are doing. This is why many people turn to simulators to help them trade these currencies.
The best simulators for trading cryptocurrencies
To trade crypto, you usually need an account with a broker. There are many types, but we especially recommend those that allow you to open an account DEMOso you can test without using real money.
Cex.io: This allows you to trade bitcoin, litecoin, dogecoin and ethereum, among many other cryptocurrencies. It is one of the most basic platforms that exist today.
eToro: We are sure that this application sounds familiar to you. With it you can have access to hundreds of different opportunities to invest in cryptocurrencies. In addition, receive notifications and alerts in real time through your portfolio of what is happening in the market and within the platform. You can use it on your mobile and on your computer, as you prefer.
Nagas: This application is favored by traders who have just started and are still learning how to invest. It is free and available to
Android, iOS and Windows
. It allows you to copy the investments of other professional traders, in addition to being able to read and share the experiences that other investors have had in their operations. Naga has multiple forms of payment available, as well as trading and investing in more than 950 of the world’s main instruments, from currencies to futures, commodities, stocks, indices, cryptocurrencies… etc.
Your tools for
Copy Trading and Social Trading
make it a unique application to operate and one of the best options. And as if that were not enough, it offers free seminars and courses to all its members, just for registering.
Although you should know that buying and selling cryptocurrencies carries risk and should not be done lightly. These applications are aimed at making their users’ work easier, but they won’t give you anything for free, so you’ll have to study them thoroughly if you don’t have experience yet. And for this, it is best to start with an application that allows you to have a DEMO accountlike this one, to dedicate some time to try it without risk.
We hope to have helped you once again.
May the market be with you!
Trade channel.