Crypto currencies wcx

You also have a market selection menu on the right that lets you search and select the market you want to trade, as well as glance at the latest prices. The layout is presented with two themes that you can select: dark or light. Sign up and login To use the platform, the first thing you want to do is create an account.

The verification process is relatively straightforward and takes about 3 minutes to complete. The time for approval is anywhere between a few minutes to a couple of hours. To get started after you sign up, go to the trading dashboard. There you will see an option to select real or demo trading in the top left part of the page.

Demo trading works exactly the same way as real trading, the only difference being that the funds you trade with are not real. This lets you test out the platform without risk and you get to refill your demo balance an unlimited amount of times.

BTC deposits are credited after 1 confirmation. Once you have funds in your balance, the first thing you want to do is to select a market to trade. You can use the chart to perform technical and fundamental analysis with the hundreds of different indicators and settings that are supported.

Amounts are expressed in contracts, which are nothing more than a simpler way to represent BTC so as not to deal with decimals. The margin is the real amount of balance that will be used in your trade. The BTC margin tied to the position will be returned to your balance, plus any profit or loss incurred. More features There are many different features offered to traders on WCX. While we went over some above, below we highlight some of the ones that set this platform apart. Risk management tools An important aspect of a professional trading platform is the risk management tools it offers to traders.

WCX has risk-free and unlimited demo trading to allow new traders to get used to the platform without risking any funds. The platform also offers take-profit and stop-loss, which you can set either before opening your position or after. Take-profit is the price at which you want your position to automatically close in profit, while stop-loss is the price at which your position will automatically close at a loss.

Additionally the platform offers flexible leverage, meaning you can choose the leverage you want for each trade you make. This is adjustable between 1x up to x for the highest leverage markets. Once you have funds in your account, select a market from the list on the right.

You can check the chart for the history of prices and to draw technical analysis like support and resistance to better inform your trading decision. Submit a trade Set an Amount in the box on the left, then click on Buy if you expect prices to go up, or Sell if you expect them to go down. The minimum trade size is 0. The trade is executed and appears both in your Positions panel and on the chart.

To do this, you can split your position into to smaller positions, then deal with them separately. Pending orders You can also choose to submit orders that execute at a Price you set yourself. To do this, click on Advanced then set a Price before submitting your order. There are many features to explore, but the basics are simple and straightforward.

As early bitcoin users they were frustrated by the lack of real world use cases for the digital currency. So in they left their jobs and created WCX to let regular people trade the markets with bitcoin, with 0 fees.

Conclusion By using bitcoin exclusively for trades, deposits, and withdrawals, WCX is able to offer one of the easiest and fastest ways to trade.

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