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Cryptocurrency: Understanding the Currency of the Future

Did you know that more people are turning towards cryptocurrencies even after an avalanche of coronavirus stimulus? As the price of Bitcoin foams higher, the digital asset is truly building its reputation in the world. As a result, opportunities for trying out cryptocurrencies online are increasing.

Trying out Bitcoin or other top cryptocurrencies can be intimidating at first. However, in fact, it has never been so simple to safely trade in cryptocurrency as it is today. The foremost concern when purchasing Bitcoin, or other cryptocurrencies, is safety and security. Whether you intend to purchase and hold long term, want to buy/sell frequently, are interested in anonymity or privacy, or simply want the ease of use, there are a variety of exchanges in Dubai that are performing the best for any use case you may have.

However, the cryptocurrency market is relatively new, and it has experienced significant volatility due to huge amounts of short-term speculative interest. The volatility of top cryptocurrencies is part of what makes this market so exciting. Moreover, the cryptocurrency market is usually available to trade 24 hours a day, seven days a week as there is no centralized governance of the market.

Whatever the case is, if you decide to explore the online cryptocurrency market, make sure that you have done your research and developed a risk management strategy.

Risk Warning: This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a guarantee of or prediction of future performance. Trust Capital TC Ltd does not take into account your personal investment objectives or financial situation. Trust Capital TC Ltd makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or other information supplied by an employee of Trust Capital TC Ltd, a third party or otherwise.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trust Capital TC does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran, and North Korea. Please consider our “Risk Disclosure“

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