Negosentro.com | How to Trade Cryptocurrency and Commodities on One Platform | Cryptocurrencies and crypto commodities are the real deal in the world of modern trading. These two are gaining ground rapidly as more and more institutions and organizations continue embracing the technology inherent in them. As such, you can now find trading pairs similar to the traditional conventional or fiat currency, but now of digital assets and digital currencies. A lot of platforms have been established to trade these units, but few have the capability of having a mix of cryptocurrencies, commodities and fiat currencies on one dashboard. Virtuse Exchange is a unique platform that allows trading the above mentioned without having to face the risk of transferring your wealth from one platform to another. Let’s see how easy it is to trade on this platform.
Signing up for an Account
Once you make a decision of trading using Virtuse Exchange, the next step is signing up for an account. Signing up for an account is very easy. Proceed to the platform’s website and click on the login icon. You will be redirected to the login page, where you will click register since you will be creating a new account. You will then provide your full name, your email, and create a password that you will be using to log in to your account. There are two different account types available, the starter and the pro. You will choose the account type depending on the benefits you wish to get, as the two different account types provide different benefits. As a beginner, you can choose the starter account to familiarize yourself with the platform.
You will be required to confirm your account by clicking on the confirmation link. Virtuse Exchange will send this link to the email you provide. If you do not find this email in your inbox, check your spam or trash folder. You must confirm your identity with that link since you cannot operate your account before doing so.
Funding Your Account
Once you have signed up for an account, you are now ready to fund it. You should log in to your account, then click on the deposit tab and select on the green deposit icon the coin that you wish to fund your account with. Proceed to copy and paste your wallet address in the address that you are getting your funds from, and confirm the transaction. You can view your deposits on either the fiat or the crypto wallet history, depending on what you have funded your account with.
Virtuse supports six major cryptocurrencies including bitcoin (BTC), ether (ETH), ripple (XRP), tether (USDT) and Litecoin (LTC), among others. The platform also supports commodities such as gold, silver, platinum, crude oil, coffee, and carbon. You can easily convert your cryptocurrency to any commodity in real-time, and can also convert the same to conventional US dollar currency.
Virtuse Exchange Wallet
Virtuse platform is determined to protect your funds from theft. Millions are stolen every day from crypto exchanges that fail to take security measures seriously. Hackers take advantage of vulnerable accounts and intercept funds from unsuspecting traders. Virtuse Exchange provides you with your bank account in the form of a wallet. It secures 99% of your funds in cold storage and provides you with a multi-signature security measure as well as two-factor authentication to ensure that hackers never get access to your funds.
Trading
With your funds safely tucked in your wallet, you can now trade the numerous trading pairs, taking advantage of the fact that you can convert crypto to fiat to commodities and back. You can do this in a matter of minutes while in any of the 100 countries around the world where this platform is available.
To trade, click on the exchange icon, select what you want to trade and the pairs and then choose the type of trade. Key in order expiry, the amount and the asking price, then submit your order. It is that simple.
There are quite some benefits that you will accrue using this platform. You can only find most of those benefits on the platform and not any other trading exchange platform. Some of these benefits are;
- Reduced transaction approval time
- Very low transaction fees
- Ability to trade crypto to stocks and commodities and vice versa
- Fast KYC process
- You are provided with an account manager
- Get a raised trading volume of tokens and their liquidity.
- You can hedge gold holding without having to convert the same to fiat currency
- You can grow your token awareness and flexibility
