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Crypto Insights

What you need to know about cryptocurrencies

Cryptocurrencies have revolutionized the financial landscape, offering new opportunities and challenges. Here’s what you need to know to navigate this dynamic market:

  • Decentralization: Unlike traditional currencies, cryptocurrencies operate on decentralized networks using blockchain technology. This means no central authority controls them, providing greater transparency and security.
  • Volatility: The value of cryptocurrencies can fluctuate significantly. While this volatility presents lucrative opportunities, it also comes with risks. It's essential to stay informed and be prepared for rapid changes in the market.
  • Diversity: Beyond Bitcoin, there are thousands of cryptocurrencies with unique features and purposes. Understanding the different types can help you make informed investment decisions.
  • Security: Protecting your investments is crucial. Use secure wallets, enable two-factor authentication, and be cautious of potential scams and phishing attempts.

At Nexus Trade, we understand the complexities of the cryptocurrency market. Our experienced brokers provide personalized guidance, helping you navigate and capitalize on this exciting financial frontier. Connect with us to start your cryptocurrency journey with confidence.

Buy Cryptocurrency

Best Platforms to Buy Crypto

Nexus Trade Logo

NexusTrade

Uphold is a multi-asset platform that allows users to buy, sell, and hold various cryptocurrencies and other assets.

Blockchain

Blockchain

Blockchain.com offers a platform for buying, selling, and storing cryptocurrencies, as well as blockchain explorer services.

Coinbase

Coinbase

Coinbase is an online platform for buying, selling, trading, and storing cryptocurrencies.

Crypto.com

Crypto.com

Crypto.com is a comprehensive cryptocurrency platform offering a range of services including a crypto wallet, trading, staking, and a Visa card for spending crypto.

MetaMask

MetaMask

MetaMask is a popular cryptocurrency wallet and gateway to blockchain apps, enabling users to manage their digital assets and interact with decentralized applications directly from their browser or mobile device.

Binance

Binance

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.

Kraken

Kraken

Kraken is a well-known cryptocurrency exchange platform, established in 2011. Serving as a virtual marketplace, Kraken enables users to engage in buying, selling, and trading various digital cryptocurrencies.

Gemini

Gemini

Gemini is a cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets.

Bitstamp

Bitstamp

Bitstamp is a global cryptocurrency exchange, providing a trading platform and a secure wallet service.

Bittrex

Bittrex

Bittrex is a U.S.-based cryptocurrency exchange known for its high security and diverse range of digital assets.

Huobi

Huobi

Huobi is a global cryptocurrency exchange offering a wide range of digital assets and trading options.

Bitfinex

Bitfinex

Bitfinex is a cryptocurrency exchange known for its advanced trading features and deep liquidity.

eToro

eToro

eToro is a social trading platform that allows users to trade cryptocurrencies, stocks, and other assets, and to copy the trades of successful traders.

Robinhood

Robinhood

Robinhood is a commission-free trading platform that allows users to trade stocks, options, and cryptocurrencies.

Coinmama

Coinmama

Coinmama is a cryptocurrency exchange that offers users a fast and easy way to buy cryptocurrencies with credit or debit cards.

Frequently Asked Questions

Do you have any Questions?

What is a trading platform?

It is an online platform where traders track the quotes of different kinds of assets and make trades using the services provided by a broker.

Who Are The Experts?

We carefully select expert applicants. We get to know them as a trader and examine their trading performance over a period of time. We also tend to look for expert who already have a following to further confirm their competence (social proof). You can also read about every expert on their individual performance pages.

How Does Copy Trading Work?

Here is how the copier works: You, as an investor, simply select an expert or experts that you want to copy trades from. Once you are signed up, this is the only action needed on your part. Once you’ve taken care of the above, you are all set. There are no codes that you need to run or signals for you to manually input. Our software will handle the trade copying automatically on your behalf. We monitor your experts trading activity and as soon as there is a trade, we calculate all the necessary parameters and execute the trade. The copier works based on trade percent amount. So, for example, if your expert takes a position in XYZ coin for a total of 10% of his account value and you are 100% allocated to that expert, then the copier will also execute a trade in your account in the amount of 10% of your account value. The only thing you have to make sure of is that you have enough available base currency that your expert trades with, in your trading account. How much is enough? First, you must meet the exchanges minimum order amount (let’s say about $10 per trade to be safe). That means that if your expert executes a 5% order, you must have at least $300 in your account total value (at 100% expert allocation as an example). This also means that you need to have at least 10% or higher in available base currency to avoid missed trades. When the expert exits a position, you too will exit it. Automatically. You can also change allocation at any time.

The Platform Doesn’t Load

Try opening it in some other browser. We recommend using the latest Google Chrome. The system will not let you log in to the trading platform if your location is blacklisted. Perhaps, there is an unexpected technical problem. Our support consultants will help you solve it.

When Will Deposits Be Credited

The funds are usually credited to trading accounts fast, but sometimes it can take from 2 to 5 business days (depending on your payment provider.) If the money has not been credited to your account right after you make a deposit, please wait for 1 hour. If after 1 hour there is still no money, please wait and check again.

Do I Need to Install Any Trading Software?

You can trade on our online platform in the web version right after you create an account. There is no need to install new software.

What Is the Most Active Time of Day for Trading?

Trading activity depends on the working hours of major exchanges and increases at the time of important news releases. The most active trading sessions are European and North American ones. The European session begins at around 6:00 UTC and closes at 15:00 UTC. The North American trading session spans from 13:00 UTC until 22:00 UTC. Please note that some currency pairs and assets are available for trading for a limited period of time. The trading hours for each asset are specified in the “Trading Conditions” tab of the “Asset” menu.

What is Bitcoin?

Bitcoin is a form of digital currency which is based on an open source code that was created and is held electronically. Bitcoin is a decentralized form of currency, meaning that it does not belong to any form of government and is not controlled by anyone.

Who Developed Bitcoin?

The original Bitcoin code was designed by Satoshi Nakamoto under MIT open source credentials. In 2008 Nakamoto outlined the idea behind Bitcoin in his White Paper, which scientifically described how the cryptocurrency would function. Bitcoin is the first successful digital currency designed with trust in cryptography over central authorities. Satoshi left the Bitcoin code in the hands of developers and the community in 2010. Thus far hundreds of developers have added to the core code throughout the years.

What is Bitcoin mining?

Bitcoin mining is the process of using computer hardware to solve complex mathematical problems that validate transactions on the Bitcoin network. Miners are rewarded with new bitcoins for their efforts.

How does Forex trading work?

Forex trading involves buying and selling currencies on the foreign exchange market. Traders aim to profit from changes in currency exchange rates by speculating on whether one currency will rise or fall in value relative to another.

Is Bitcoin mining profitable?

Bitcoin mining can be profitable, but it depends on several factors including the cost of electricity, the efficiency of mining hardware, and the current price of Bitcoin. It's important to do thorough research before starting.

What are the risks of Forex trading?

Forex trading carries several risks, including market volatility, leverage risk, and the potential for significant financial losses. However, Nexus Trade helps mitigate these risks by providing expert guidance, advanced risk management tools, and comprehensive market analysis. With our support, you can trade with greater confidence and security.