What is crypto trading & how does it work?

The idea of crypto trading is pretty similar to classic stock trading. A trader makes money on short-term trades on the stock market; a crypto trader does the same but on crypto exchanges. The goal is to bank on the crypto that will go up in price and earn on the difference. In other words, buy low and sell high.

How to become a Crypto Trader?

If you want to become a crypto trader, you must reliably make money by buying and selling crypto products, such as cryptocurrency and crypto tokens. You will be considered a professional if you consistently use a trading platform to make money.

What is crypto com exchange?

The Crypto.com Exchange is a dedicated crypto-to-crypto exchange that is aimed at more experienced traders. Accessible via the web platform, Crypto.com Exchange lets you trade Bitcoin (BTC), Tether USD (USDT), and Crypto.com Coin (CRO) base pairs. It also offers Derivatives and Margin trading with up to 50x and 3x leverage, respectively.

How to make money trading cryptocurrencies?

In some cases, the same cryptocurrency exchange will offer several different types of trading. There are 3 main ways of making short-term cryptocurrency trades. You can trade a pair of cryptos against each other or against fiat currency, with the goal of making a profit through buying low and selling high.