Trading is a complex process that involves buying and selling various assets at the best possible price. Companies provide traders with access to the exchange, where he can make any deal, having previously analyzed the situation. The point is that the value of each asset is constantly changing. A professional user can pay attention to the necessary signals and indicators, make a correct forecast, and purchase an asset at the best price. Now the main task is to determine the exit point from the deal and the moment of selling at the highest value. When it comes to digital currency trading, there is very high volatility - it can reach 200%. Moreover, the crypto trading platform storm gain offers users a lot of different types of binary options.
- Call/Put. The classic type of option, where the user must determine the direction of price movement after a certain period. If the forecast shows an asset growth, the "Call" option is selected, if the fall - the "Put" option. The correct decision will bring a good profit to the trader.
- Touch/No-touch. Another popular option offered by the Philippines crypto trading platform StormGain. In this case, the broker defines a certain border that is above or below the value of the asset. The client analyzes the situation and determines whether the price will reach this value (Touch) or not (No-touch). It is noteworthy that the user can take profit without waiting for the expiration time. If the "Touch" option is selected and this condition is met.
- In/Out. There are now two borders - upper and lower. They form a sector, and the trader decides whether the asset price will be outside or inside these boundaries. It is a popular way of making money for the crypto at Philippines traders. Because the correct forecast can bring serious profits.
- Digital-options. The choice of calm traders who prefer reliability. Because this method has long expiration times. Therefore, the client has time for fundamental analysis and accurate forecasting. The disadvantage is a lower percentage of profit on a successful deal.
- Turbo-options. On the contrary, one of the most lucrative tools for cryptocurrency trading in the Philippines. But also the riskiest. Because here the expiration time is 1-5 minutes, and there is no way to conduct an accurate analysis. Therefore, trading is sometimes like playing roulette.
- Spread. Perhaps the most difficult type to make deals. Because here it is necessary not only to determine the direction of movement of the asset value but also to calculate the exact value. Attracts users with a high percentage of potential profit.
StromGain - one of the best crypto trading platform in the Philippines
The first step on the road to financial success is choosing a high-quality digital currency trading platform. The StormGain Exchange was registered in July 2019 in Seychelles. It supports cryptocurrency trading and margin trading with multipliers up to 200x. Customers can buy crypto with a credit card through the Simplex payment system and store it at 10% per annum. Rich experience, reliability, and safety allowed the company to quickly become popular and take place among the segment leaders.