The latest in the series of breakthroughs in the field of digital currency and peer-to-peer lending, Cryptocurrecny is an outstanding innovation to help facilitate secure and private trading of the highly volatile OTCBB marketplace. In contrast to the opaque workings of broker dealers, Cryptocurrecny offers a streamlined process for buying and selling the diverse range of digital currencies. This marketplace provides a low cost alternative to commercial banks, institutional investors, and private investors. All trades are executed directly between two parties, with no need for a third party intermediary. The primary attraction of Cryptocurrecny is its low margin requirements, which have been proven safe and highly effective in the FX markets.
In Cryptocurrecny, users can utilize their own digital currency in trade markets, as well as a variety of other markets including futures, options, commodities, and securities. The innovative feature of this marketplace is the utilization of the bitcoin network to facilitate trading. Through the bitcoin network, users are able to transact with one another without the use of banks or other intermediaries. Rather than trading on what appears to be a perfectly secure and transparent auction ground, transactions are conducted between two parties in near real time, with no need for a broker or any middleman.
With the acquisition of Okex by Cryptocurrecny, a leading provider of digital currencies, the total trading volume of Cryptocurrecny increased by fifty percent within a week. During this period, there was an astonishing growth in trading volume, and many factors contributed to this sudden increase. First, the sudden rise in volume was likely caused by the announcement of Okex by Cryptocurrecny. Okex is the newest member of the bitcoin network, and this news could have triggered a surge in trading activity. Another contributing factor may have been the announcement of the formation of the Better Business Bureau. This could also have initiated a surge in trading activity.
Okex was not the only trading platform that saw an influx of traders, however. It is probably fair to assume that many others saw an increase in trading activity as well. Since there are several other available options for traders, the decision to enter the market via one of the available exchanges was likely motivated by the need to diversify ones trading portfolio. Many traders choose to trade in different currencies based upon personal preferences, and may not wish to risk their capital on just one exchange.
In addition to the volume increase, there were also other significant changes that may have impacted the volume of Cryptocurrecny’s clients. Among other things, Okex started offering two free trials of their Arbitrage Bot, which had previously been offered only to institutional clients. As more people became aware of the Arbitrage Bot, the number of Cryptocurrecny accounts grew. As arbitrage opportunities in the marketplace increased, so did Cryptocurrecny’s volume of clients. Even though the company had originally intended to offer this bot for free, to offset some of the risk that may be involved in investing through alternative venues, many other companies picked up on this opportunity, and are now offering this same functionality for a fee.
Among the major players in the field of arbitrage trading, Cryptocurrecny is one of the oldest and most successful. With a large number of presale accounts, they remain highly active in the industry. They currently maintain three open accounts that cater to individual investors. Okex offers a demo account for free use, and also offers a free Arbitrage Bot for users of their platform. While some other trading platforms have seen a drop in interest, Cryptocurrecny has remained strong, and with the additional tools provided through their new Arbitrage Bot, they will continue to attract attention in the volatile field of contemporary investment opportunities.