Then this is the right page for you! As a trader with over 7 years of experience in the financial industry, I will give you detailed step-by-step instructions and valuable tips for trading cryptocurrencies in the following texts.

Choose a cryptocurrency trading software

You need a suitable software or platform for trading. This should be secure and provide you with all the tools you need. In this cryptocurrencies trading software, trading can be carried out with one click on rising and falling prices. Investments are possible from as little as €1.

Which cryptocurrency platform you choose for your trading is one of the most important decisions you will make. The exchange will act as a digital wallet for your cryptocurrencies, so don't dive in without first considering the factors listed below.

Some brokers specialise in crypto trading, others not so much. Others offer specific products. In exness trader, for example, deliver traditional crypto trading via Forex or CFDs - but also offer cryptocurrency multiples. These offer increased leverage and therefore more risk and reward. Innovative products like these can make all the difference when opening a cryptocurrency account.

Security

Always check reviews to ensure that cryptocurrency exchanges are safe. If your account is hacked and your digital currency transferred, they are gone forever. So while secure and complex credentials are half the battle, the other half will be fought by the trading software.
Here's how trading cryptocurrencies works:

In the following section, I will give you a step-by-step guide to cryptocurrencies trading. Afterwards, you will receive further valuable tips and tricks. Trading with digital currencies works smoothly via an online platform. Open a free account with the top recommended providers to perform the next steps.

Cryptocurrencies Trading Guide: 

•     Open your trading account
•     Complete the account opening process in full
•     Test the trading platform in the free demo account or deposit capital
•     Choose any cryptocurrency
•     Perform an analysis
•     Open positions on rising or falling prices

Congratulations, you are now a cryptocurrency trader! Remember that you can buy or sell cryptocurrencies on a broker demo account. Unfortunately, you cannot practice on an exchange.

Trading cryptocurrencies is usually more about speculating on their price than owning the actual coins. For this reason, brokers offering forex and CFDs are generally an easier entry point for beginners than the alternative of buying real currency through an exchange.

A free demo account is integrated in the software. You can test every function independently with virtual credit. Before you trade with real money, I strongly recommend doing so. You can select the markets via the right menu. Cryptocurrencies are divided into a special section.

Before you transfer real money to the platform, the account opening must be fully completed. The broker will also guide you through each step. Upload the appropriate documents and answer the questions. The complete account opening can be completed in a few minutes.

Verify your account before real money trading:

•     The broker will guide you step by step through real money trading.
•     Fill in the personal data correctly
•     Verify your identity with the required documents