Over the last few years, the investment market has seen a big boom in the trading of cryptocurrencies. The success of Bitcoin has paved the way for many new cryptocurrencies to enter the market. While many are doing reasonably well, many happen to be scams too. Though Cryptocurrency trading is one of the most secured trading platforms due to the data storage format and tamper proof security, scams are high. When you want to start investing and trading in cryptocurrencies, it is advisable to do enough research before investing any money.
eKrona – What Is It?If you have been trading in cryptocurrencies, you must have heard about the launch of eKrona. It is the first and only (for now) Cryptocurrency to get government approval. It is a fully regulated digital EU currency that promises to generate good profits within a few months of investment. Though Bitcoin has been doing exceptionally well in the market, it is highly volatile, and many developed nations do not accept Bitcoins. The eKrona, being a fully regulated Cryptocurrency, enables the investors to buy tokens on the exchange. One can use these tokens to buy from stores all over the world, unlike Bitcoins.
eKrona trading PlatformThis is a regulated trading platform that allows traders to purchase, sell, and exchange eKrona coins. With trading bots, this automated trading platform helps traders trade in eKrona coins with ease. The trading bot will make the trades on the investor’s behalf, thus reducing the requirement for a trader to be actively present at all times of the trade. Though the website claims 99% accuracy, a trader has to tread carefully when dealing with trading bots. Yes, they can make calculations and inferences much faster than humans, but a small glitch in the algorithm is enough to turn your investing tables around.
Notable FeaturesSome of the notable features of this first-ever regulated Cryptocurrency trading platform are:
- Free Software – The eKrona software is free to download and use. Anyone can download it with a click of a button and start trading on this regulated platform.
- Quick Registration – The registration and verification process is very quick and does not waste a trader’s time. Once you provide all the necessary details, it is verified to ensure your money does not reach another account and the details you provide are authentic.
- Automated Trading – This automated trading platform keeps analyzing the market even when you are not around. You can open trade and enjoy the bot doing all the work when you receive a notification. You don’t have to calculate, understand or even infer details from the data present. A trader need not even be present for the trade as the trade opens automatically if it matches the requirements given by the trader.
- Commission Free – You don’t have to pay any commission or fee for trading on this platform. What you earn by trading here is all yours. This enables a trader to take home good profits without much work.
- Quick Withdrawals – once you complete your trade, you can request to withdraw your earnings for the trade. The system takes less than 24 hours to process your request, after which your money reaches your account.
- Brokers’ Assistance – In addition to the trading bots, this platform offers broker assistance too. If you want to know more about the trades or assistance with your trading, you can ask these well-experienced brokers.
- Customer Care – The App has 24/7 customer care support to assist traders from all parts of the world in different time zones. The portal is open online, and you will receive assistance when there is a requirement.
- International Presence – eKrona Cryptocurrency is available in the UK, USA, Australia, and Canada.
- Fully Regulated – As the platform is fully regulated, it limits the risks and fluctuations. The tokens are also accepted as a mode of payment in different parts of the world.
How Does It Work?So how can one start trading on this platform? Here are the steps to follow:
- Register Account – You will have to fill out the basic details in the form to create a new account on this platform. Provide authentic full information to avoid any rejection.
- Deposit Money – After the verification process and successfully creating your account, you need to deposit some money. You can use the various options provided on their website to make your deposit.
- Demo Trading – You can use the demo trading account to get a feel of this automated trading platform. The sample account allows traders to first experience the trading platform before trading with real money.
- Go Live – Once you are confident about the platform, you can trade live by picking the options from the dashboard and clicking on auto trade. The trading bots will do the rest.
- Withdraw Profits – After your session ends, you can exit and submit a withdrawal request. It takes less than 24 hours to process the request, after which the money will be credited to your bank account.