Bitcoin Forum

Trading instruments: Cryptocurrency
Trade crypto-pairs with Bitcoin, Bitcoin Cash, Dashcoin, Ethereum, Ethereum Classic, LiteCoin, Monero, Ripple and ZCash

Advantages
Investment alternative to usual trading instruments
Reliability and transparency of decentralized cryptocurrencies
Promising investment and diversification of risks
No influence on the part of financial institutes
Rate is determined by financial market participants’ demand

Available here  https://liteforex.com/trading/trading-instruments/crypto/?uid=585411880&cid=12056&utm_source=bitcointalk&utm_medium=forum&utm_campaign=bitcointalk (https://liteforex.com/trading/trading-instruments/crypto/?uid=585411880&cid=12056&utm_source=bitcointalk&utm_medium=forum&utm_campaign=bitcointalk)

Minimum deposit for that forex website is $50. Why would I deposit with that amount when I don't know of its existence and there are better exchanges that can deposit lower than the minimum amount of what that forex website offers?
I'll choose the actual crypto exchanges that offers lower minimum amount in deposits for each of those cryptocurrencies that they're supporting.

Hello,

For trading on forex trader need to have money. Therefore brokers have recommendations for minimum deposit.

Best regards,
representative of LiteForex

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 17.06.2021
Read full article here https://www.liteforex.com/blog/analysts-opinions/short-term-forecast-for-btcusd-xrpusd-and-ethusd-17062021/?uid=585411880&cid=12056&utm_source=bitcointalk&utm_medium=forum&utm_campaign=bitcointalk

so at least you have to have a capital of at $50? maybe it's still too high, Binance alone as the biggest exchange only charges $10 to trade there.
will it be a burden for early users? the answer is definitely yes.
think about it, the promotion should have provided relief to attract more visitors first.

You did mention advantages and then I was looking for the disadvantages of the same. However it seems you only love forex trading with cryptocurrency. Well, I have little bad experience with such platforms unfortunately and would love to share in short. The thing is, forex trading will allow you to make quick trades from 15 seconds call/put to futures and options method and by using the crypto pairs itself or based on the crypto TA. However, due to high volatility there is lot of chances that you will end up loosing money. It's terribly difficult to predict this market for the short trades and one can end up loosing all the balance like me!! Obviously market exists, people will come and invest in it all the time. So do it but be responsible and know when to stop.

But one needs money to trade cryptocurrencies too. I have never seen a crypto exchange where one doesn't first deposit money in order to be able to trade. Point is the minimum is too high. Yes it may look small but for most beginners it will obviously be high.

If that's the minimum amount one can deposit, I can't help but wonder how much the minimum withdrawal amount is?

When it comes on trading crypto on a forex platform then try out Simplefx.

When it comes to brokers then i dont usually get in touch with those typical forex brokers using up mt4 yet a bit outdated compared into those
known platforms like binance in terms of their trading platform.

In regards into minimum then i dont see for it to be that big in most cases and of course you would need money for you to start off.

Hello,

Minimum withdrawl is 1$

Best regards,
representative of LiteForex

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.06.2021

Read more in full article https://www.liteforex.com/blog/analysts-opinions/short-term-forecast-for-btcusd-xrpusd-and-ethusd-18062021/?uid=585411880&cid=12056&utm_source=bitcointalk&utm_medium=forum&utm_campaign=bitcointalk

Yes. There's always the minimum amount of deposit whether in forex and in crypto. But what I'm saying is that if someone is going to trade cryptocurrency on that forex website.
He might better choose a dedicated crypto exchange and have that lower amount of deposit for certain cryptocurrencies that he might deposit.