Cryptocurrency trading Philippines

Digital coins were introduced more than 10 years ago but the question of their legality is still open. Some countries completely adopt new instruments while other political regimes are afraid of crypto assets. Many countries have no particular legislature for cryptocurrencies. For instance, Iceland allows crypto-mining while considering other operations with digital assets as illegal. There exists a list of countries (Bolivia, Nepal, North Korea, etc.) where the use of cryptocurrencies is a reason for arrest.

According to the Filipino legislature, digital currencies are totally legal. For instance, Bitcoin is considered a legal payment method. The country is chosen by different crypto exchanges and the government has announced plans of releasing the national cryptocurrency in the near future. Thus, the country is on the way towards digitalization and cryptocurrency Philippines can be freely used.

There exist three ways of getting profits from digital assets. The first way lies in investing in crypto with a long-term perspective. The second way relies on mining of different tokens using special equipment, and the last way is trading. Users buy assets at minimal prices and then sell coins when their price increases. The mechanism of getting profits is rather simple.

To start earning money, get an account on our cryptocurrency trading platform. Just sign up and indicating the relevant information to get your demo account with the unlimited ability to practice your strategies without losing money. A demo account provides you with virtual money and the possibility to refill it whenever you wish.

There exists two ways of digital assets marketing. The first variant implies trading on exchanges where buyers purchase assets with wallets and sellers offer their assets for users who are able to obtain crypto as property. Special platforms offer cfd contracts for a price difference. Users predict further movement of price and get profits when their predictions correspond to reality.

In our platform, the process of marketing is rather simple and includes the following stages:
· Pick up the asset you want to use for marketing.
· Make a deal indicating the amount of your investment.
· Press ‘Buy’ and follow the charts to see price changes.

Crypto financial experts recommend understanding the smallest nuances of the market before entering it. Thus, you need to get special materials, analytical articles and some video tutorials to understand what the basic notions are, how the market functions, etc.

No limitations exist in the Philippines when it comes to purchasing and selling crypto assets. Therefore, our users are free to make deals. Just get your user’s profile and start earning real money. Profits can be withdrawn to your credit cards, e-wallets or through wire transfers.

To earn money from marketing crypto assets, you need the appropriate equipment (PC, laptop or even a mobile phone), an account on our platform and some free time for the market analysis and predictions making. Keep in mind the more professional you are, the more money you are able to earn.

Work out your personal strategies that are based on your knowledge and experience. Both more and less risky ones can be practiced. Profitability depends foremost on your professionalism, therefore look at the marketing process as an occupation where you need special education and then experience.

Profits from marketing activities can be easily calculated. For instance, you buy Bitcoins by 5000 USD per coin. Then, its price increases and you sell tokens by 7500 USD per coin. Thus, your profit is 2500 USD per coin. Like leverage trading, this result can be multiplied depending on the chosen coefficient.

When it comes to the most profitable digital currencies, one cannot identify one particular asset. For instance, Bitcoin or Ethereum are the most respected and traded coins with the highest liquidity. In the majority of trading pairs, other tokens are compared to those. On the other hand, all coins in the top-50 ranking list are rather promising from the viewpoint of marketing. The best decision lies in opening different crypto assets.

When picking up digital currencies for marketing, users should pay primarily attention to the news related to those assets. Positive news leads to the price increasing and vice versa. Moreover, occasionally a piece of breaking news can affect asset prices in either direction.

This market has no closure periods. This means that traders are free to purchase and sell their assets anytime they wish. However, different periods are characterized by different activities. For instance, in Asia, the marketing activity is the highest while in Europe, it is the lowest.

There exist key and secondary factors that determine the prices of Bitcoin and altcoins. The key factor lies in an interrelation between demand and supply while major players’ behavior, news and legislative regulation are among the secondary factors that affect crypto assets prices.

Digital currencies have different prices. Some assets cost thousands of US dollars while others are evaluated at a few cents. In fact, the value of tokens is based on numerous principles, including circulating the supply, basic technology, applicability, further perspectives, etc.

The high level of volatility is among the basic characteristics of cryptocurrencies. Traditional currencies are backed by gold and controlled by governments, therefore their value is strictly regulated. Digital assets are backed by nothing and totally decentralized, therefore no governments are interested in regulating their prices. On the other hand there exist stable coins backed by flat currencies or pressure metals. Their volatility is minimal.

The approximate return on an investment of Bitcoin is 5485%, therefore such a crypto asset is extremely promising. Crypto experts insist on the prediction of 100,000 USD and even more for one Bitcoin in the near future. Thus, the first digital currency is a profitable investing instrument.

Legality depends on the particular country. In the Philippines and in the majority of other countries, the first crypto asset can be easily bought and sold on exchanges or special marketing platforms. The only demand is to pay taxes according to the existing legislature.

Using our platform, you need to select ‘Open new asset’ and then pick up crypto from the suggested array. Bitcoins are offered in two multiplier coefficients – x20 and x100. Depending on your professionalism and experience, pick up the most preferable index.

Bitcoins are traded just like any other digital currencies. Just choose your preferable platform and use its functionality to make money. While making your choice, take into account criteria such as commissions, fees, available assets and other important aspects.

Such a platform offers functionality for crypto market players who are available to make deals by predicting the increase or decrease of several crypto assets’ prices. Several assets can be traded simultaneously to get maximal profits and minimize risks.

Our platform offers apps for PCs and mobile devices. Those apps have a more extended functionality by making the marketing process more effective and profitable. For instance, users are suggested to pick up preferable charts layout and watch video tutorials to get as much information as possible.