How to open a Crypto trading account with FBS?
With FBS broker, you can open a Crypto account. First, open the FBS site. After that, press the “Log In” button and complete the simple registration. Then, press the “Open Account” button in the Personal Area and select a Crypto account. The process is very easy and won’t take too long.
Leverage can be a great tool for a trader to increase profit on each trade. The volatility that crypto coins experience occurs in sharp waves. And to follow suit, you can use leverage. FBS broker offers 1:5 leverage on cryptocurrency accounts. With 1:5 leverage and 100+ crypto assets, you will have more opportunities in the market.
Can a beginner make money trading crypto?
Crypto trading may be risky, but the possibility of big profits is also possible. You just need to find the right approach. For example, cryptocurrency analysis can be very helpful. You can follow crypto events and stay updated on the latest market opportunities. In addition, here you can find strategies for trading crypto.
One of the keys to success in crypto trading is a good platform. With FBS broker, you can trade on the MT5 platform, as well as on FBS’s own platform: FBS Trader. Of course, what you choose depends on your needs. For example, FBS Trader is more user-friendly, and thus, perfect for beginners. And they have a wider variety of crypto instruments to offer: 100+ crypto pairs and coins.
Open FBS Demo Crypto trading account first
If you want to try crypto trading, a demo can be a good option. FBS broker has a Crypto Demo account with 10 thousand USDT to practice and test trading strategies. The account offers more than 100 crypto assets, and all of them are risk free. Demo trading is the best opportunity for beginners as well as professionals to improve their skills and see if crypto trading is right for them.
Trade Cryptocurrencies with Fiat and Cryptos
At FBS, you can trade cryptocurrencies with fiat currencies and Cryptocurrencies. For example Bitcoin with euro (BTCEUR), Ethereum with pound (ETHGBP), and others. You can go long if you think the price of the cryptocurrency will go up, or sell (short) if you think the price will go down.
At FBS, you can also trade cryptocurrencies with precious metals. For example Bitcoin with Gold (BTCXAU), Ethereum with Silver (ETHXAG), and others. You can go long if you think the price of the cryptocurrency will go up, or sell (short) if you think the price will go down. Read FBS’s daily cryptocurrency market analysis to make profitable trades.