Cryptocurrency Exchanges: A way to buying/selling Cryptos!

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Cryptocurrency Exchanges A way to buying/selling
Cryptos!
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Cryptocurrency Exchanges A way to buying/selling
Cryptos!

• Cryptocurrency exchanges are similar to stock
  exchanges, but the only difference is that in a
  stock exchange you buy and sell stocks, on the
  other hand in crypto currency exchange you buy
  and sell cryptocurrencies to make profits.
• Top Cryptocurrency Exchanges also charge certain
  fees if you withdraw fiat from the account.
  Depending on various factors and actions of
  buyers and sellers, cryptocurrency exchange set
  the price for various crypto coins and tokens.

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Currency pairs for cryptocurrency!

• Cryptocurrency pairs are basically what traders
  trade for.
• It is these pairs which traders buy or sell in
  order to make profit from changing rates.
• It is very important to remember that order of
  the currency in the pair plays a very important
  role in trading.
• If a trader thinks that Bitcoin is going to
  increase against USD then he or she have to make
  sure that they are buying BTC/USD pair. On the
  contrary if they are anticipating fall of Bitcoin
  against USD then they should buy USD/BTC pair.

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Why you get different prices at different crypto
exchanges?

• Different prices at different crypto exchanges.
• This is mainly because of the fact that the
  Crypto Exchanges are not connected with each
  other and price at each exchange is calculated on
  the basis of activities of buyer and seller and
  demand and supply of the coins.
• This means larger the volume of crypto currency
  traded at a particular exchange, more market
  related price you will get over there.

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Can a trader benefit from price difference at
various cryptocurrency exchanges?

• On an average trading day you will notice
  difference of 1 to 2 percent in price of the
  cryptocurrency in various exchanges. This
  difference can go up to five percent when volume
  of trade is very high. This volume is usually
  high when price of the currency dramatically
  rises or falls. You can surely buy crypto
  currency from one exchange and sell it to another
  one only if transaction fees and other fees
  charged by exchanges do not surpass the profit.
  Otherwise it is not worth it.
• Platinum Crypto Academy is all set to make its
  traders Cryptonairs as the academy calls them
  to be. They have extensive courses designed for
  teaching their clients

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Thank you.