The converting business is at its peak nowadays. Using and trading digital currency has become widespread for many reasons, including the convenience of operations with crypto and increased security of transactions.
Cryptocurrency is the main focus of the world’s financial world and, based on many experts’ opinions, has all the chances to take over traditional banking.
Still, like every industry that rises quickly, the crypto industry is unluckily represented by some unreliable services which operate illegally. This is the main pitfall, and we want you to avoid it. But how can you choose a good one and differentiate between an official service and a fraud?
This short guide is about exchanging crypto on the tried and trusted platform for crypto exchange CFD Trader. The platform holds a lot of features for safe exchange and is very beginner-friendly. For more on this, read on.
CFD Trader: the Exchange Platform That Makes Crypto Operations Simple
The service is an official and simple way to trade one crypto for another. The crypto exchange of the highest quality and speed is now closer when you deal with CFD Trader.
Here is what benefits it gives.
- Legal crypto trading.: This platform works officially and carries part of the responsibility for the quality of exchange. It is pretty simple and open about its user data usage and protection and allows the clients to perform exchanges anonymously. What this service is most valued for is connecting its clients to reliable brokers. Since the database of brokers at CFD Trader is proven, and the service checks them regularly to make sure that everyone desiring to trade crypto securely gets honest and safe service.
All of the brokers in this database are chosen according to very strict criteria. Every deal with their participation is tracked by the CFD platform, which is why all processes’ transparency rises.
- Fast transactions: Banking operations with crypto are much faster than those with traditional money. However, the speed can vary from platform to platform. As for the CFD Trader app, you are guaranteed a speedy transaction every time, thanks to the ground-breaking technology of converting Bitcoin. This mechanism allows users to convert many crypto coins faster than average services claim.
- Easy user interface: The service is admired for its simplistic interface where it is hard to make a mistake. All the basic features can be figured out intuitively without much brainwork. It is even easier to use it as a mobile app to trade cryptocurrency. The app will provide not just convenient exchange opportunities but also inclusion and support in the community. This support includes answering all the questions that you have about crypto conversion and is offered at any time, 24/7.
- Secure storage of assets: The CFD Trader exchange platform includes a unique advanced technology to minimize risks for everyone converting and leaving their funds here. This makes it a multi-purpose tool – an exchange and a wallet – protecting you from all sides.
What is essential to know about crypto conversion at the service is that there is a sequence you should follow. It covers a few steps.
Step 1. Making an account at CFD Trader.
This will be your personal space for completing exchanges. To sign up, be ready to give some personal data to link the account to your email and phone for the sake of security. An account is free to create.
Step 2. Pick the broker.
After registration, you will see which brokers are available right now within the limits of your country.
Step 3. Deposit the necessary size.
Before you can start exchanging with CFD Trader, a deposit is required as a minimum investment. At the service, the deposit starts at 250 USD.
Step 4. Get a phone call from your broker.
It is vital to pick up the phone and discuss every detail of your conversion with the experienced broker. You will be clearly explained everything you want to know and make a final agreement with the broker at this stage.
However, you should remember that every exchange involves risk. All cryptocurrency prices can’t be predicted accurately. The market changes quickly, and you need to use only proven strategies to make these risks minimal.