InstaForex introduces new tools for trading
Amid a steady rally, bitcoin has conquered an all-time peak, aiming for new highs. Other cryptocurrencies are also appreciating at a furious pace. In February 2021, the crypto market capitalization swelled to $1.72 trillion. At the same time, the bitcoin dominance index dropped to 60%.
Having conducted in-depth market analysis, strategists at InstaForex have come up with simple but advanced trading instruments, tuning in to current trends and traders' needs. These instruments can prompt traders to find new entry points to the humongous crypto market.
So, the brokerage giant makes new crypto instruments available from February 22, 2021. Let's get to know them!
* ChainCoin
* Filecoin
* Uniswap
* Polkadot
* Dogecoin
* Chainlink
* Cardano
The major advantage of trading cryptocurrencies intraday is that such strategies yield high returns in practice. Unlike other financial markets where quotes normally fluctuate by no more than 1%, quotes of digital assets can double within 24 hours.
InstaForex cares how to make trading in global financial markets more efficient. The company posts daily analysis by 30 experts and charges lower brokerage commissions. A swap rate, i.e. a commission charged when keeping crypto positions open overnight, equals 10% that is two times lower than swaps with other brokers.
