In the current bear market, being a crypto investor isn't easy.
Extraordinary levels of volatility — brought about by a plethora of challenging headwinds in the global economy — mean going long on Bitcoin or Ether isn't necessarily the best play.
And according to Eightcap, this has led traditional and seasoned investors alike to explore what crypto derivatives have to offer.
With more than 350 digital assets supported, the trading platform says it gives people an opportunity to capitalize on falling crypto prices — not just when things are heading up.
This approach to diversification has the potential to offer a more rounded portfolio during an unprecedented time of uncertainty.
In total, Eightcap says it offers more than 350 crypto derivatives — altcoins, crypto-crosses and crypto-focused indices among them — with ultra-low spreads.
The platform says trading a Bitcoin contract for difference typically costs between $8 and $12, according to TradeProofer data as of Sept. 30, 2022, making it extremely competitive when compared with more mainstream exchanges.
A suite of unique and easy-to-understand educational resources also ensures that traders aren't entering the crypto market blind. Executives at Eightcap say it's crucial for users to have access to a wealth of information and tools so they can make the right decisions at the right time.
One distinctive offering from Eightcap is called Crypto Crusher — a tool that delivers daily trading ideas with precise entry, target and stop levels. It gives users the ability to scan the markets quickly based on trends, prices, percentage chances, and highs and lows. At a glance, investors can assess current market sentiment and make use of exclusive indicators to ensure they're ahead of
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