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Trading Types That You Should Start Doing on LYOTRADE Today

Maximize your profits with the best trading strategies on LYOTRADE.

LYOTRADE Features

First-time crypto traders can be overwhelmed when trading digital assets amidst fluctuating red and green digits and candlesticks on the screen. Volatility is always associated with the crypto market, which is why getting beaten by unpredictability is just another Tuesday for both newbies and veteran traders. Achieving your goals when it comes to crypto trading is not just affected by how often you study crypto trading books or online articles. It is also influenced by the crypto exchange you are using and the features that come with it.

  • There are different types of trading that can be found on LYOTRADE: spot trading, margin trading, futures trading, and ETF trading.
  • You can buy and sell crypto through card or wire transfers as well as stake LYO Credit tokens.
  • The crypto exchange is linked to over 300 exchanges in the world; it offers high liquidity compared to other platforms.
  • Start trading on LYOTRADE by creating an account here.

Trading types that LYOTRADE offers

Spot Trading

Spot trading is the process used by traders to generate short-term profits by purchasing coins at real-time prices and selling them once their prices increase. It has a different concept from crypto investing, where you HODL cryptocurrencies to gain long-term profits.

Margin Trading

Can you trade more assets than what you currently own? With margin trading, the answer is yes. Traders are able to do this by borrowing funds from an exchange to use it to ramp up their gains. It is also important to keep in mind that in margin trading, the higher the potential gains, the higher the potential losses too.

Futures Trading

Futures trading is like an agreement between a trader and the exchange where a trader will buy or sell cryptocurrencies at a set price on a specified date in the future. It is considered one of the risky trading strategies out there because of the unpredictable price swings of digital assets.

ETF Trading

An exchange-traded fund or ETF is a financial tool to buy baskets of stocks containing shares of hundreds or thousands of companies with a single purchase. ETFs are publicly traded securities, like stocks. During trading, they can be bought or sold at any time during the trading day.

What other features can be accessed on LYOTRADE?

Buy and Sell crypto with Card and Bank Transfer

There are four ways for a user to buy and sell cryptocurrencies: credit card, debit card, SEPA, and SWIFT. With these options, users can trade more than 250 cryptocurrencies around the world and use 53 fiat currencies.

LYO/USDT Trading

The crypto exchange allows users to exchange LYO Credit with USDT seamlessly and perform different types of trading on the website.

Crypto trading is much simpler and better with LYOTRADE’s user-friendly interface and advanced features. Start trading on LYOTRADE by creating an account now.

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