The peak of Bitcoin in 2017 created awareness amongst people about cryptocurrencies and prompted the interest of new investors towards this new commodity. The founder of Bitcoin, Satoshi Nakamoto, had not intended to create this virtual currency and it turned out to be a byproduct for what he was trying to accomplish. With the introduction of Bitcoin, Blockchain technology also came to light and now it is being used in other industries as well. Initially, there was a great deal of uncertainty about cryptocurrencies because their anonymous nature was being used for nefarious purposes. However, things have changed as more and more cryptocurrencies are now being introduced and they are gradually becoming an important part of our economy.
With their rising popularity, it seems like the best time for people to invest in them. The industry is gaining strength rapidly, which means the value of these digital currencies will only rise in the future. Hence, there is a lot of potential to make a profit, not very different from the foreign currency market. But, in order to get started, you first have to select a platform from where you will trade. It doesn’t take long to discover that there are numerous options out there, but you have to choose a legitimate and trustworthy broker for your needs. StsRoyal is just the right fit, as this is a crypto investment platform, which has been designed to serve anyone who wants to put their money in this new investment vehicle.
Taking the right start can make a huge difference in the crypto market. It can have an impact on how much you will be able to earn and how much you will lose. StsRoyal is just the platform to get you started and this is solely because of what it has to offer. Read on to know more.
Variety of Cryptocurrencies
When you decide to enter the cryptocurrency market, you may be tempted to start with Bitcoin because it was the first crypto to be introduced. However, you will soon realize that there are plenty of other coins that are lot of profitable and obviously, you may want to test them out. But, what will you do when you discover that the platform you signed up with only offers you a handful of options? Switching platforms is a lot of hassle and investors don’t want to deal with it. Yet, you still want to expand your investment portfolio, so what can be done?
In this scenario, it is best to start with an investment platform like StsRoyal, which gives you access to a variety of cryptocurrencies in the market. This includes market leaders like Bitcoin and Ethereum as well as crypto tokens and ICOs that are new to the market. It is up to you to decide which one has more potential and invest accordingly. With StsRoyal, you are able to access hundreds of different cryptocurrencies and this allows you to diversify your investment, even in the same market. You don’t have to move to other markets for creating a diversified portfolio.
As mentioned above, StsRoyal provides you the opportunity of trading the top cryptocurrencies in the market like Bitcoin and Ethereum. But, you can also use it for investing some money in Litecoin, Bitcoin Cash, Ripple and more. Moreover, StsRoyal is constantly adding the newer options to their asset index to provide even more opportunities to their client base. This is due to the fact that diversification is becoming immensely necessary due to the unstable nature of the cryptocurrency market and it is best not to put all your eggs in one basket.
Cost Effective Option
While some people may have lots of capital when they decide to trade in the crypto market, others may only decide to try their luck with their savings. Thus, you would obviously be interested in maximizing your profits and keeping your costs at a minimum. When you are trading on a budget, StsRoyal is just the platform you need to line up with your goals. Trading with this broker will make you realize that it doesn’t charge any unnecessary costs. If you take a look at other brokers in the market, most of them have some sort of hidden costs or a bunch of other charges that only increase the cost of trading, such as withdrawal charges, dormant account fee etc.
In fact, some brokers also charge a commission, which means you have to share your profits with them. You don’t have to worry about any of this with StsRoyal because this broker makes its profit through ‘spreads’. This means that there will be no commissions, hidden costs or any extra expenses that may cause you to regret your decision to sign up with them. The only fee that you will have to pay is when you make a trade. The difference between the buy and sell price is called the spread and this goes to the broker. The best part is that StsRoyal offers the tightest spread in the entire crypto industry.
This is great because it enables you to walk away with a major portion of the profit that you have worked so hard to earn. No fee is charged for making deposits, but there is a small withdrawal fee involved. But, the broker doesn’t have a minimum withdrawal limit imposed like other brokers for getting the most return. Thus, with StsRoyal, you can enjoy cost effective crypto trading and keep a greater share of profits for yourself.
Availability of Leverage and Margins
Trading with StsRoyal means that you can enjoy the benefit of leverage and margins, exactly as you want. What is leverage? This refers to the contribution that the broker can make to your trade, which means you can increase your investment thereby allowing you to make higher profits. But, if the leverage is too high and the trade doesn’t go in your favor, you could end up owing the broker. Therefore, too high leverage is not recommended whereas too small leverage is also not very attractive because it doesn’t make much of a difference.
StsRoyal has maintained a balance here, which means you can get just the right amount of leverage, which is about 1:5. It is enough to help you increase your profits, but not increase your risk that much. Likewise, margin is also something you need to bear in mind when you trade because it indicates how much money is available in your account for trading purposes. As the leverage is not too high, this means the margin requirement is also quite low and traders can manage to trade easily, even if they don’t have a huge amount of capital available.
Round the clock customer support
One of the most important factors that can have an impact on anyone’s trading experience is the customer support and assistance they receive from the platform they select. When you are trading cryptocurrencies, it is a given that you will have tons of questions and concerns that need to be addressed. As they are a new investment option, many problems may also occur and you will need assistance right away. The issue is that not every broker will be there to help immediately, but even a slight delay can lead to losses for you. In this case, StsRoyal has outdone itself.
The broker has ensured that its clients can enjoy access to the most robust and responsive customer support team. They have experts who are well-versed in the workings of cryptocurrencies and can give you answers and even financial advice, if you need it. Their recommendations and tips can be quite beneficial for you. Furthermore, you can get in touch with the team at StsRoyal in three ways; chat, email and phone. Depending on how urgent your issue is, you can opt for a method. They are available 24 hours a day, 5 days a week.
Other than that, StsRoyal also has a detailed and thorough FAQ question for providing answers to basic questions that anyone visiting the website may have. They have divided the question in various categories to make it easier for traders to find answers as per their need.
Considering all the above mentioned offerings that StsRoyal has available, it comes off as a complete crypto investment platform, which is just the right place to take your start in the crypto industry. It opens up the world of cryptocurrencies for you in the best possible way and you can explore the big name and even small options in the market. The great spreads, reasonable language, availability of excellent customer support and a responsive trading platform has helped it become one of the top choices of brokers all over the world.
StsRoyal is available in eight languages to make it convenient for worldwide users and also has an education section for helping traders. Thus, it is one of the best platforms out there when you want to get started with cryptocurrency investment and wish to make substantial returns with little cost.