Tradings

Tradings

Trading is the activity of buying and selling currencies, including cryptocurrencies, such as Bitcoin and different altcoins, in exchange for other currencies - both fiat, and crypto. It is performed on many online exchanges all over the world, and is mainly done for two purposes:

  • Exchanging cryptocurrencies for a more widely accepted currency, such as, for example, USD, in order to use the money in the real economy.
  • Professional day trading, where traders bet on the exchange rates of different cryptocurrencies going either up or down, in order to make a profit on the difference.

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