Why is trading cryptocurrencies on DotBig profitable?
The time has come when many people consider the dollar and the euro to be not guaranteed reliable currencies. But this does not mean that you should not continue to interact with them, but at the same time, you should not avoid shares and cryptocurrencies. At the same time, it should be understood that trading is not an easy process that requires skills and knowledge. Therefore, if you decide to enter the market, consider a broker that offers a demo account. A good example is choosing DotBig crypto to get started in online trading.
Trading in crypto-currencies is the best direction in terms of prospects, primarily due to the digital origin of assets that are built on the blockchain system – a chain of information blocks. Security during transactions with them is ensured through the use of cryptographic methods.
The first cryptocurrency, Bitcoin, was created in 2008 by Satoshi Nakamoto. And even then, many discovered good investment opportunities for themselves. Cryptocurrencies quickly began to gain popularity and now it is one of the most popular trading tools. There are more than 1,500 cryptocurrencies in the world and their number is steadily growing. A detailed DotBig Ltd Review will allow you to make an impression about the broker.
What to invest in?
According to DotBig reviews, you can invest in 14 of the most popular crypto assets (Bitcoin, Ethereum, Litecoin, Ripple, Solana, Stellar, TRON, etc.) in the MetaTrader 4 and MetaTrader 5 platforms.
The DotBig Web terminal provides an extended list of crypto instruments, which includes ETFs and Shares related to cryptocurrencies. In addition, the main tools that you can use through the platform include:
- Stocks
- Stock Indices
- Ready-made investment projects, are formed by specialists.
- Trading contracts – CFD.
- ETF funds.
What is nice, trading of all of the above is available not only through a browser on a laptop or PC, but also through a mobile application for Android/iOS smartphones and tablets.
Cryptocurrencies on DotBig
Cryptocurrency trading is the key to future financial independence in the digital world of settlements. Many analysts think so, but they advise understanding in detail each of the currencies and tokens before starting investments.
Advantages of working with crypto on the platform in question:
- The social trading function greatly simplifies the work, as it allows you to copy trades of rated traders. Trust a person – take a closer look at his strategy and his decisions, even in the help format – this can push you to your right decision.
- Low minimum to deposit and start investing. The minimum deposit amount is $100. Moreover, money can be deposited through a card, bank transfer, Bitcoin, Ethereum, Paypal, Webmoney and other payment systems.
- The number of available cryptocurrencies. There are over 200 of them.
- Convenient mobile application for current platforms.
Overview of customer support and service for traders
Support is available in several languages, you can contact the care team through several channels: by phone, email, online chat on the website. Support is available around the clock (24/7) for DotBig customers, as some markets are also open 24/7 (for example, cryptocurrencies). Use the various contact options if you have any questions.
In addition, the platform provides access to a training center for beginners. There you can watch accurate videos about the operation of the marketplaces. If you have additional questions, you can join the DotBig forum. Exchange directly with other traders and develop common strategies. The broker also provides daily analyzes and webinars. There is a comprehensive service for traders here.
One account for all investments
Choose the right account type and invest in cryptocurrencies without having to open a separate wallet or account on a crypto exchange. At Dotbig, you can trade both cryptocurrencies and other available asset groups (Stocks, Indices, Metals, Commodities, ETFs, Forex) from one account.
If you want to invest in popular cryptocurrencies like Bitcoin and want to own the asset completely, you will need to use a dedicated cryptocurrency broker. The general concept is that you will personally own the coins and therefore need to store them in a private wallet. This has both pluses and minuses.
What payment methods are supported by the broker?
Not so long ago, buying cryptocurrencies with real money was a difficult task, not least because brokers could not get the required green light from payment issuers. This meant that you would need to transfer cash to an unregulated broker, many of which were nothing more than scams.
However, as the cryptocurrency industry has grown into a multi-billion dollar investment market, there are many cryptocurrency brokers that support everyday payment methods. These brokers include DotBig, which offers the following payment and withdrawal methods:
- Credit and debit cards Visa and Mastercard.
- PayPal.
- Electronic wallets Skrill, Neteller, WebMoney, Yoomoney.
- Bank transfers.
- International transfers.
- Cryptocurrency – bitcoin, ether, etc.
- It is worth noting that the broker charges a minimum commission for withdrawals. It depends on the chosen withdrawal method.
The minimum deposit amount is $100.
Is forex broker DotBig right for you?!
According to many users who have already shared their experience of working with the broker, DotBig LTD is suitable for crypto investors who want to copy the actions of advanced crypto traders, and the social investment platform is an attractive offer. With over 200 cryptocurrencies to buy, you have a much larger selection of assets than some other traders. The addition of stocks and ETFs makes the broker a more comprehensive and rational choice for investors looking to invest in multiple assets.
It is worth noting that at the moment there are a large number of brokers that offer various trading conditions. But only DotBig company is one of the few that provides a platform with all the major assets for trading. And using analytical tools, you can make your transactions as effective as possible.