The Best Platform For Cryptocurrency Trading Is Also The Easiest To Trade For Extraordinary Profits In Just A Few Minutes A Day
One of the questions I get a lot is, “What is the best platform for cryptocurrency trading”? So, in this post I want to focus on the best platform for cryptocurrency trading… or at least my favorite platform to trade cryptocurrency.
(I’ll even show you how you can copy exactly what I am doing, so make sure to read this page all the way to the end).
Trading cryptocurrency can be confusing, especially if you are new to the exciting world of Crypto.
- Are we trading cryptocurrency against other cryptocurrencies?
- Can we trade crypto against the US dollar?
- Do I have to buy cryptocurrency in order to trade Cryptocurrency?
See, it can be confusing. And honestly, there are a lot of ways to profit from cryptocurrency. So a lot of what you hear is dependent on HOW cryptocurrency is being traded.
But listen. The cryptocurrency market has proven to be a profit powerhouse. So, don’t give up learning about how to profit in this market just because you can’t wrap your head around it right now.
You might just be sabotaging your wealth creation efforts by ignoring this market.
This post may be long, so I suggest you read through once. Then you can use the Table Of Contents to go to specific sections you want to explore in more detail.
By the end of this post, you’ll understand the best platform for cryptocurrency trading… at least the”best” plattform in my opinion.
Is The Best Platform For Cryptocurrency Trading A Forex Broker Or Cryptocurrency Exchange?
One way to trade cryptocurrency is at a Forex broker that has crypto currency pairs. You can trade pairs like BTCUSD (Bitcoin vs US Dollar), the same way you trade other currency pairs like the GBPJPY (Great British Pound vs Japanese Yen).
In this way you can take advantage of the price movement of the pair, without actually buying the asset (ie. Bitcoin).
The second way to trade cryptocurrency is at Cryptocurrency exchanges. Here you will have to actually buy some cryptocurrency (ie. Bitcoin), and then trade it on the exchange (usually for another cryptocurrency).
Usually exchanges don’t allow you to trade crypto (Bitcoin), for fiat currency (US dollar), directly. But you can exchange one crypto for another, or a crypto for a cryptocurrency that tracks the US dollar, like the USDT.
So, that begs the question… where am I trading Bitcoin?
- Am I using a Forex broker that offers the BTCUSD currency pair?
- Or am I trading Bitcoin at a Cryptocurrency exchange?
I actually do both, and I’ll talk about both here. But I do prefer one platform for cryptocurrency trading over the other.
My favorite way to profit from cryptocurrency is to swing trade the BTCUSD (Bitcoin VS US Dollar), currency pair at a Forex Broker.
Regardless of using a Forex broker or Crypto exchange, you’ll need to do your due diligence to make sure your money is going to be safe. But I feel Forex brokers have a longer track record to look at, compared to cryptocurrency exchanges which might be new.
There are a lot more reasons I prefer using a Forex broker for my Bitcoin trading and I’ll go over them in more detail below.
Why I Prefer Trading Cryptocurrency
At A Forex Broker
There are a lot of different cryptocurrencies. And I do mean a lot. However, I primarily focus on the first and most well known cryptocurrency… Bitcoin.
Here are the main reasons I like trading Bitcoin at a Forex broker…
I can trade Bitcoin against the US dollar.
Most cryptocurrency exchanges allow you to trade Bitcoin against other cryptocurrencies. For example, Bitcoin against Ethereum. But I am more interested in trading the BTCUSD charts (Bitcoin vs US Dollar).
This currency pair is offered by a lot of Forex brokers.
When most people talk about Bitcoin, they are referring to it compared to the price in dollars. So, why not trade the charts that reflect what most people are thinking about when Bitcoin is involved? That is the price in US Dollars.
I can use my proven trading strategy.
I have been a Forex trader for around 15 years. I have spent a long time developing my trading strategies and learning how to trade them profitably. In trading the BTCUSD chart, I want to be able to trade in the same way I am accustomed to.
I use the Metatrader4 platform for my Forex trading. So, when trading Bitcoin, I want to use the same platform. That means I can apply my trading indicators and template to the chart which tells me when to buy and sell, where to put my stop loss and take profit levels and how to manage my trade after it is placed.
The strategy I use allows me to catch moves up to 10 TIMES my risk. This is an excellent risk to reward ratio. And trading with such a high risk to reward ratio makes it extremely easy to be profitable over the long term.
The most obvious reason I believe the best platform for cryptocurrency trading is a Forex broker is because it allows me to trade in the way I am most accustomed. I can use a proven strategy to make my trading decisions and trade with the highest probability of success.
Here is another reason I like trading at a Forex broker over cryptocurrency exchanges…
Trading Bitcoin For Profits In US Dollar
(Or Other Fiat Currency)
When you open a Forex broker account, you need to choose your account currency. For example, you can open an account in US Dollars. This means your account is in US Dollars, you fund the account in dollars and you withdraw your profits in dollars.
This is important because it means you can make US dollars trading Bitcoin without ever buying or storing Bitcoin. It is just another market to trade, just like all the other markets I trade. And my profits are in dollars which I can withdraw and use like I am accustomed to doing.
This is an important point to understand for people who think they must buy cryptocurrency to trade cryptocurrency. If this has been the obstacle for getting involved in this huge profit potential market… it doesn’t necessarily need to be.
Trading Bitcoin For Profits In Bitcoin
As I mentioned above, it is not necessary to purchase Bitcoin in order to profit from the Bitcoin market. You can trade the BTCUSD currency pair at a Forex broker and withdraw your profits in fiat currency (US dollar, EURO, etc.).
But some Forex brokers allow you to fund your account in Bitcoin. This means your account is in Bitcoin, you fund the account in Bitcoin and you withdraw your profits in Bitcoin.
One of the reasons I like trading Bitcoin for profit is because I want more Bitcoin. That way, if the price of Bitcoin keeps rising over the long term… I’ll have more of it.
I don’t necessarily like having to exchange my fiat currency for Bitcoin. So, I exchange just enough to get the amount of Bitcoin I need for trading. Then I open a Forex broker account with the base currency being Bitcoin.
This means I fund the account in Bitcoin, and my profits are in Bitcoin. I really like the funding and withdrawal process because it is very fast from my Crypto wallet to the broker… or from the broker to my Crypto wallet.
By trading the BTCUSD currency pair, my profits can go to increase the amount of Bitcoin I own. And with the extraordinary profit potential of trading the BTCUSD currency pair, this can happen relatively quickly compared to other markets.
If this all sounds enticing to you, but you’re worried you won’t be able to learn how to trade the BTCUSD currency pair for profit… don’t be.
You can literally just copy what I do in minutes a day. But first…
How I DO Trade Bitcoin At
OK, for me, the best platform for cryptocurrency trading is hands down trading the BTCUSD currency pair at a Forex broker.
But that doesn’t mean I cannot grow my Bitcoin holdings at cryptocurrency exchanges as well.
As a matter of fact, I teach exactly how I do this in a BONUS to my Forex Trading Blast Off 2.0 packages.
Basically, what I do is this…
- I put a simple indicator onto the BTCUSD chart on the Metatrader4 platform. (For people who don’t have live Forex accounts with BTCUSD trading, you can use a demo account for this).
- When the indicator tells me to BUY Bitcoin, I buy some Bitcoin at a cryptocurrency exchange.
- When the indicator tells me to SELL Bitcoin, I exchange the Bitcoin I have in the crypto exchange for USDT (a cryptocurrency that tracks the US dollar price).
- When the indicator tells me to BUY Bitcoin again, I exchange the USDT for Bitcoin.
When we buy low and sell high, or sell high and buy low we make profits. I just keep doing this back and forth process to increase the amount of Bitcoin I have at the exchange. Very simple to do.
Again, I teach this exact process in my BONUS for Forex Trading Blast Off 2.0, as well as some other ways to make money investing in Bitcoin.
OK, back to trading the BTCUSD currency pair at Forex brokers…
How You Can Trade Bitcoin On The Best Platform For Cryptocurrency Trading
Obviously, as a Forex trader, the best platform for cryptocurrency trading for me is at a Forex broker.
- I can trade the BTCUSD currency pair just like other currency pairs
- I can use my trading strategies designed for long term profits
- I can trade BTCUSD to make “real” money like US dollar or EURO
- I can trade BTCUSD to make more Bitcoin… and make even more gains if the price of Bitcoin continues to rise
But I understand this can be overwhelming for people who are not already successful Forex traders. This is why I made it simple to duplicate my results.
Instead of trying to figure everything out on your own, just do what I do. As part of the service, I’ll share with you all my trading activities in a way you can duplicate what I am doing.
It literally only takes a few minutes a trading day.
Here is what you’ll need to trade Bitcoin Signals Blast Off the same way I do:
- An email account where you’ll receive the signal email Sunday, Monday, Tuesday, Wednesday and Thursday between 6 PM and 6:20 PM New York Time
- A Forex broker account that allows trading of the BTCUSD currency pair
- Metatrader4 trading platform (available free at most brokers)
Here is how you trade the signals:
- Receive the signal email Sunday, Monday, Tuesday, Wednesday and Thursday between 6 PM and 6:20 PM New York Time
- If there is a trade activity, open your MT4 trading platform and follow the instructions in the email
- Close your trading platform and go about your day
And no, I don’t just provide signals and leave you to figure everything else out on your own. I teach you everything you need to trade the BTCUSD currency pair just like I do. So, even if you are a beginner trader, this is a good fit.
The truth is, the Bitcoin market provides too much potential profit to ignore. Even if it is new to you and you’re hesitant to learn new things… you can do this.
And the best way to take a shortcut to profits is to do what I am doing. Use the best platform for cryptocurrency trading… a Forex broker that allows you to trade the BTCUSD currency pair.
For more information about how to trade Bitcoin…
To Your Wealth,
If your still not ready to start Bitcoin trading to accumulate wealth, get this free training: