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What is digital currency trading

    • 53 posts
    July 23, 2024 3:14 PM EDT

    What is digital currency trading

    It is a technological process that takes place through trading platforms for buying and selling digital currencies or using them in exchange for products through “Blockchain” technology. The process is characterized as follows:
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     An online electronic process through which you can trade on any of the global platforms with a large number of traders, which gives a large economic market.
     The trading process is completely encrypted and cannot be traced, counterfeited or hacked, which gives an element of security when trading.
     The process takes place without any intermediaries, which makes it a simple process with no side costs.
     Trading technology is carried out through records recorded in blockchain technology that contain the history of all transactions that take place.
     Operations are freed from centralization and are not subject to a specific entity, which has contributed to the demand for them.
     The trading process is subject to the buying and selling system, which forces traders to constantly monitor the market due to its significant instability.