Cryptocurrencies and their Volatile Nature
A cryptocurrency is designed to work as a medium of exchange, where the individual coin ownership details are recorded in a decentralized ledger, protected by strong cryptography. Cryptocurrencies are highly volatile, and their values fluctuate now and then. Therefore, beginners need to know how cryptocurrencies work before they begin trading cryptocurrencies and other similar investment vehicles.
To aid traders in crypto trading, there are established and emerging cryptocurrency exchanges and online platforms available like Coinbase, Bitmap, Bithumb, InvestXE, etc. These exchanges and platforms provide all the necessary tools and market analysis to help traders in their crypto trading journey.
What are the Various Asset Classes?
Asset classes or investment classes include both tangible and intangible assets that the investors buy and sell to earn additional income, either on a short-term basis or a long-term basis. Historically, there are three primary asset classes, namely equities (stocks and shares), fixed income(bonds), and money market instruments or cash equivalents. However, these days professionals include more assets like commodities, futures, real estates, cryptocurrencies, and other financial derivatives to the asset classes. Apart from this, go through the various types of stocks information, to learn which will give you more benefit, so that you can opt for that by knowing their details.
Investors diversify their portfolios by focusing on the various asset classes. Each asset class reflects different risk limits and return investment features. Therefore, there is often a negative correlation among other asset classes, which gives investors diversified portfolios when they invest in various instruments.
Reasons why traders need a platform by which they can trade in different asset classes
Traders prefer a platform in which they can trade different asset classes due to the following reasons:
- A multi-asset platform provides more opportunities for traders.
- A multi-asset platform allows traders with a margin account for leveraged trading of derivatives
- It provides hedging power to traders to short-term offshore risks.
- Tactical asset allocation is possible only on a platform that allows the trading of a wide range of instruments.
Benefits of Using the InvestXE Platform
The InvestXE platform comes with plenty of pros, which is why InvestXE has been able to capture over 16000 markets so quickly. The foremost benefit that the traders, especially the beginners, find while trading on this platform is that the platform is very user-friendly and can be used by traders of all levels of experience. Some of the other most prominent benefits of InvestXE are listed below.
- Online Trading Courses
Cryptocurrency trading requires a considerable amount of upgraded information and market analysis to begin with. Without prior knowledge and expertise, it is impossible to become a successful trader. InvestXE provides online trading courses to novice traders to make them acquainted with trading tactics. Upgraded market information and detailed market analysis reports are sent to every registered trader in their registered emails.
- Compatibility with Various Devices
A registered InvestXE trader does not need to sit before his desktop to keep track of the crypto market; he can do that from his mobile phone even while moving. There are multiple trading applications of InvestXE that are compatible with various devices like iPhones, Android phones, and tablets. This does not necessitate traders to have hi-end gadgets; the InvestXE applications run on normal devices also. There are MarketPro 1.0, Web Trader applications for desktops, Android trading applications, iPhone trading applications, and Tablet Trading applications.
- Multiple Options to Trade
Not only cryptocurrencies but other instruments can also be traded on the InvestXE platform. There are options to trade currencies (forex), soft commodities (cocoa, soybeans, coffee, sugar, etc.), energy commodities (both renewable and non-renewable), and precious metals (gold, silver, platinum, and palladium).
- Multiple Account Types
There are three main account types available on InvestXE. Traders can choose from Primary, Professional, and AutoXE accounts. Each of these main account types is further subdivided into multiple categories. This helps traders to streamline their preferences and choose the right account.
- Help From Professionals
Every registered trader at InvestXE is assigned a dedicated personal relationship manager who does all the complicated stuff like funding, administration, etc. Also, there are in-house analysts at InvestXE who provide traders with insightful advice on avoiding trading traps and how to trade successfully.
- Strong Customer Support Team
Apart from the professional in-house assistants, there is also a strong customer support cell that is available 24/7. Registered traders can communicate with the customer support team via emails, live chats, phone calls, or through modern applications like WhatsApp support.
With all these benefits, InvestXE is emerging as the future trading platform of 2020 and beyond.