Bit360 is a trading platform that users can utilize to complete their crypto trades. It was made so that traders have a more comfortable environment to complete their Bitcoin trading needs. Also, the platform was made to assist beginners and offer them everything they need to embark on this journey. Most importantly, this trading platform was created by traders for traders.
Traders can use it for all their trading needs. It’s a straightforward and user-friendly platform that real traders have created for others to use, whether they are new to trading Bitcoin or quite experienced. To learn more about Bit360 and everything it offers, continue reading below.
This platform was designed to suit every person who wants to trade. A more streamlined process was created, to allow one and all access to the trading world. To begin this journey, you will need to create an account and become verified, and then you’ll be connected with your partnered broker to log in through their website and begin exploring the platform.
That’s it, you can then start trading, but not before you fund your account and start learning. The team at Bit360 made the ride as smooth as possible, because they wanted to ensure that everyone can start trading and have a pleasant experience while using it. However, creating your account is only the beginning, as trading is a marathon which requires dedication, perseverance and a lot of practice.
Creating an account with Bit360 is simple enough. Below are all the steps you need to follow to start trading with Bit360.
You can now start trading, but first things first. You need to fund your account with a minimum deposit of $250, which you can use towards your first trades with the platform. Another important thing to consider is sharing your preferences and limitations with your broker, so they may notify you when opportunities come up that meet your goals. And now you’re really ready to go!
A word of advice: make sure to explore the platform and take advantage of the information provided to learn as much as you can about the market before you use the deposit money to start trading. Of course, you can start practicing with small trades to get a feel for trading and test your abilities, but be sure to devise a strategy before you jump right in, and don’t hesitate to use your broker’s help, not to mention the “Demo” account feature. And last but not least, never invest more money than you can afford to lose.
Now, if you feel comfortable enough to use the platform, start with small and responsible trades, and while you’re at it keep on researching and analyzing data. Practice might make you a better trader over time, but so will dedication and continuous learning.
With so many different platforms on the internet, it is hard to find the one that best suits your needs. Take your time to check a few out to make sure they actually make your trading process more accessible and streamlined, and offer everything you need to hopefully become a more proficient trader.
Bit360 is one such platform. It was designed to be user-friendly and accessible by getting rid of all the over-complex and overwhelming graphs and charts that many platforms use. The designers wanted to create a platform everyone could use, so it wouldn’t matter whether someone was a beginner or an advanced trader.
Moreover, the platform provides features such as your partnered broker or the “Demo” account that might help you become more confident in your trading moves.
As mentioned before, the Bit360 trading platform has helpful features designed to facilitate your trading journey. Below is an overview of some of them.
Having a broker to help guide your journey is helpful for both beginners and advanced traders. The team wanted to ensure that every trader understands the platform and enjoys it to its fullest extent, but more than that, your broker is there to help you continue to learn about crypto.
First off, you can share your parameters and limitations with your broker, so they can notify you when trading opportunities come up that meet your goals. Furthermore, you can consult with your broker about market trends, seek advice if you’re feeling unsure about your next trade, or ask your broker to help you adjust your trading strategy if it’s not going well. In essence, your broker is there to help make trades and hopefully improve your skills over time.
Beginners will enjoy using Bit360 because the platform has been made easy to understand, allowing them to navigate through the various features with relative ease, as well as understand all the data laid out for you on the platform. Creating a platform as straightforward as can be allows novice traders to dedicate more of their time to studying cryptos and the market in a more comfortable environment.
However, advanced users will also appreciate how streamlined the platform is. The team at Bit360 created an accessible platform that can be used anywhere in the world at any time, using any device, and with all the information you need right there at your fingertips, it might well simplify the trading process.
The demo account provided by Bit360 is another great feature the platform has to offer. Demo accounts are useful because they allow new traders to learn more about trading without unnecessary risk. Using fake money to execute fake trades could be a good way to learn how the market actually works, as well as learn from your mistakes without risking your actual money.
More advanced traders can also benefit from using demo account features like the one offered by Bit360, to practice their trading moves.
Cryptocurrency has taken the world by storm, which has got a lot of people thinking about why people are still looking to make money from these digital coins. There are a few reasons why the cryptocurrency is still very popular, and by all accounts it looks like it will be here to stay. To learn more about why people are investing in Bitcoin, continue reading below.
Transformational technology can shape the world, which is why many people always want to be one step ahead of everyone else. Well, with cryptocurrency comes blockchain technology. The blockchain technology is what makes all crypto unique and has caught the eyes of many big names globally. People may be surprised to learn that banks, supply chains, and even the healthcare systems are making their versions of it to use.
Fiat currencies are controlled and censored by the governments of the world, but there has been a big push for decreasing the amount of censorship that is used when it comes to anything financial. Cryptocurrency is not censored by anyone, which makes a lot of people happy. Instead, crypto is run by the blockchain network and the other holders of the crypto itself.
Bitcoin is infamously volatile, yet has amassed a growing base of millions of traders worldwide, and has a market cap worth more than 1T US dollars. One in every five American adults owns or has previously owned Bitcoin at some point. Add to those thousands of other cryptocurrencies out there, and you get a pretty impressive market.
Nobody can safely say that crypto is a foolproof investment; no investment is truly risk-free! It is, however, an exciting opportunity for people to diversify their portfolios and become part of a digital market.
Like with everything new, there are still a lot of skeptics out there when it comes to crypto. However, a lot of big names are now getting involved with crypto because they see the potential. An example is Warren Buffett; he is a billionaire who made all his money from the stock market. He openly said that crypto is a fool’s game and that people should not be wasting their time with it. However, his stance has changed on it.
Since then, Warren Buffett has purchased the crypto that he now believes will make him richer. However, just because he has doesn’t always mean that the everyday person should. People should always look at their finances and only trade what they can because the crypto market is extremely volatile.
There are so many crypto trading platforms popping up on the internet that it is becoming more challenging to pick the right one. However, it is important to know that these platforms are used to help people with exchanges. Trading platforms take the purchasing and selling prices of crypto and input them into the system. People then begin trading.
Also, there are many trading platforms that utilize brokers. Moreover, there are other trading solutions, but they can be a little bit more complex to use.
People will be amazed to discover that the sign-up process with Bit360 consists only of a few straightforward steps. The team wanted to create a platform that is easily accessible for everyone, so people do not need to wait around to begin trading.
Currently, Bit360 is perfect for those who want to trade with Bitcoin, but it may well be adapted to trading other cryptos later on. It all depends on what the team wants to do with the platform as it continues to grow.
Any kind of trading is always fraught with risk, and trading Bitcoin essentially means speculating on the price of a highly volatile currency. Since there's no way to predict its exact value, you might make decisions that might bring you losses. That's why the team at Bit360 strongly recommends that you keep learning and researching market data to possibly improve your skills and make sounder trading choices.
You need to be as informed as possible, so you can hopefully make fewer mistakes with time, and the only way to do so is practice as much as you can, learn from your mistakes and make use of the features that platforms such as Bit360 offer you to potentially become a savvier trader.
If you wish to use a trading platform that is well-suited for traders and their trading needs might benefit from Bit360. It is a platform that has been made with every trader in mind, which is why the interface is user-friendly and accessible, with a “Demo” account feature and your broker to help you along the way.