Cryptocurrency trading

You can earn profit on the change in the value of virtual assets. To do this, you need to have an understanding of the behavior of the “market crowd” and the ability to analyze fundamental news. These are the basic skills of a trader.

Negative news has a tangible impact on digital money quotes. For example, if a political person or the head of a large company speaks in a bad way about a separate blockchain project, then the value of the cryptocurrency based on it will noticeably drop. Not everyone will be able to calmly withstand such a drawdown.

It is worth going into crypto trading only if you are ready to thoroughly immerse yourself in information flows. Because you have to track the news daily. Plus, events need to be analyzed correctly – incorrect conclusions lead to heavy losses.

To understand the peculiarities of asset value formation, you need to take the market history of popular coins and carefully study the periods of their strong ups and downs. With proper analysis, you can identify the reasons for a sharp change in quotes.

One of the varieties of such earnings is P2P trading. In this case, transactions are carried out directly between users, without the involvement of intermediaries.

Pros and cons of cryptocurrencies

Digital currencies have many advantages:

  • anonymity;
  • decentralization;
  • reliability;
  • high transaction speed;
  • low commission;
  • good conditions for investment;
  • the possibility of earning through mining, staking (commission for storing coins), trading;
  • protection of savings from inflation.

Each participant in this market can choose for himself the benefits that are of maximum importance to him. And choose the appropriate assets to work with.

There are some downsides to consider:

  • transactions are irreversible – an error when entering an address means a loss of funds;
  • the probability of a sharp price change within a short period of time;
  • there is no full regulation of the crypto market at the legislative level;
  • the risk of a hacker attack and theft of assets.

With a competent approach to the use of digital money, you can minimize the risks and fully enjoy their benefits.

Binance (Bіnans) – online cryptocurrency platform


  • a huge selection of currency pairs and markets;
  • support for margin trading in various areas;
  • availability of a p2p trading section;
  • large leverage for futures transactions;
  • loyalty program and referral program;
  • own mining pool;
  • mobile applications;
  • features for investment.


  • mandatory verification;
  • possible difficulty for beginners.

In recent years, public interest in cryptocurrencies has grown significantly, their market has expanded, and the main digital assets have risen in price by several orders of magnitude. Virtual money has become a reliable asset that is used as a tool for saving money and earning. There is a demand on the market for trading platforms that allow you to make transactions with cryptocurrencies. One such platform is the Binance exchange.

Binance is an online cryptocurrency platform that combines the following features:

  • exchanges;
  • blockchain networks;
  • cryptocurrency wallet;
  • mining pool;
  • information center;
  • educational resource, as well as other opportunities.