Crypto brokers are often criticized for being lazy in addressing the trader’s issues. They have been seen delaying the withdrawals and not acting in time when greater profits could have been earned by the trader. For a trader it doesn’t matter as to who was responsible for the delay or whether the delay was deliberate or non-intentional. If you are facing such problems then you should immediately think about moving on to some other platform. Weltex could be a better option particularly because:
If anyone is interested in crypto trading, in particular Bitcoin or Ethereum, then the person is at the right place. A huge majority of the broker’s traders are fond of Bitcoin and Ethereum trading because both of them are lucrative cryptocurrencies as compared to others.
Not too long ago, Bitcoin was worth around US$ 3,000 but its value took a big leap. In a matter of two years’ time, till November 2021, Bitcoin value soared up to US$ 69,000. The sentiment is that it is not far when Bitcoin will be sold at a whooping price of US$ 100,000. It was this sentiment which attracted global investors towards Bitcoin and other lucrative assets like Ethereum and Bitcoin Cash. When Bitcoin surpassed the price threshold of US$ 50,000, it became out of working class’s reach. Eventually, only the rich people were investing in it.
Now a days, the overall crypto market has been bearish and the value of Bitcoin has decreased down to US$ 20,000. It may not sound good but from the trading perspective Bitcoin investment is a viable option now. A large majority of investors believe that Bitcoin is currently feeling the jolt but it would be back on track sooner than anybody’s thinking. So you have the platform in the shape of the broker where the environment of Bitcoin investment is already provided for. Anyone can do Bitcoin trading with the broker or invest money in the cryptocurrency of choice because the broker has integrated more than 20-lead crypto assets.
What Are the Disadvantages?
The broker makes it very clear prior to someone joining the platform that crypto investment is highly volatile. Their prices fluctuate several times a day in negative as well as in positive. But if the crypto market analysis and smart charting of the broker are used in their truest forms then risks can be avoided. In fact, the crypto trading can be done accurately.
Usually people like to hold cryptocurrencies as short term investments. When they feel the price is as per their thinking, they sell off their crypto assets. However, history of crypto tells us that holding a crypto coin for more than 2 years is highly beneficial from the profitability aspect. This can be further proven from the fact that Bitcoin joined the financial markets in 2009. At that time it was sold under a dollar but at presently its price is talking to the clouds which is above US$ 20,000.
Again, the broker has several Bitcoin sellers ready to sell their coins. Anyone can be a part of this sale and get himself or herself one or more Bitcoins.
Platform’s Suitability For Crypto Trading
The broker’s platform is custom-built for trading crypto and the parent technology of cryptocurrencies and other digital assets. Crypto trade transactions are spontaneous and does not involve intricacies. However, for a trader to be able to get involved in crypto trading, he or she should be obliged to avail a trading account. The broker does provide this crypto trading account which too come in varieties, with each having their own set of resources, features and tools. This is enough for showing how well-maintained the broker is with regard to crypto trading.
Crypto trading is an essential part of financial market which can be thrown out of it even if somebody wants to. It has been in the market for over a decade and would carry on because the investors love it. Weltex has set up a platform which is different than any usual crypto trading platform so why wait!