Features and Assets of Currency.com

Trading digital assets has now become much easier than trading currencies and stocks. The young market has not yet introduced so many rules, so it is a bit easier to get the hang of it. However, you should be aware that crypto exchanges also have a lot of risks. That’s why you need to be careful when choosing a trading platform. For example, you can pay attention to Currency.com.

Features of Currency.com

The head office of the exchange is located in Belarus. The government of the country is maximally loyal to cryptocurrencies, which allows the company to offer services to its clients without breaking the law. This is what attracted the attention of many users. As a result, at the end of 2021, the trading volume on the spot exchange was several hundred million euros.

Development history of Currency.com

The trading platform was created in 2018. It was founded by Viktor Prokopenya, a Belarusian living in the UK. He is also known as the creator of the investment company VP Capital. It is worth noting that the emergence of Currency.com came at a difficult time for digital trading. The fact is that in 2018, the bitcoin exchange rate dropped unexpectedly and this led to some traders leaving the major exchanges. However, Currency.com managed to survive the difficult period and gradually the number of products on the site started to increase. Several partners are currently working with the company:

1. GameStar.
2. TabTrader.
3. CoinGecko.

Regulation

In Belarus, crypto-exchanges are regulated at the state level. Therefore, the notions of blockchain, tokens and others are clearly defined in the legislation. Last year, the president of the country signed a new Decree, which introduced some changes to the activities of the trading platforms. Since then, exchanges have been given the right to refuse services to persons suspected of terrorist financing and fraudulent activities.

Types of orders

There are currently three types of orders available on the platform:

1. Market. The transaction is executed at the current value.
2. limit. A threshold is set for growth or decline in value to execute the transaction.
3. Stop Loss. This order is possible in margin trading. In order to use it you should activate the corresponding option in the menu.

Besides, when trading on margin you can set the amount of loss or profit, at which positions will be automatically closed.

Terms of work

Users of legal age may register on the Currency.com platform. However, some countries are not serviced by the exchange. The full list is available on the official website of the exchange. When exchanging, users pay a commission, the amount of which depends on the asset and the amount. 

Mobile application

You can install the app in app shops or on the official website of the company. In terms of functionality, the app is almost the same as the site of the site. Here, you can also register, deposit and withdraw funds, make trades and much more.

Bonuses

Currency.com currently offers several bonuses:

1. Welcome bonus of €50 for new users. All you have to do is sign up and deposit a minimum of €20 into your account.
2. Loyalty programme. Customers may receive a commission discount based on trading volume.

Registration

Registration on Currency.com is easy and takes only a few minutes. You can operate on the exchange for 15 days without verification.

The Currency.com platform is suitable for new traders as well as for corporate clients. It has a lot of advantages, which is confirmed by the reviews of real users.