The Importance Of Mobile Trading For Crypto By CoinQuora
The Importance Of Mobile Trading For Crypto
It makes abundant sense – why not use a smartphone as a trading device for cryptocurrencies and decentralized finance assets?
After all, it’s relatively easy to put a digital crypto wallet on one of these devices. Since the smartphone is portable, you’ll always have access to your portfolio and trading options in your favorite exchanges.
In some very fundamental ways, mobile trading is innovating crypto markets in a big way. Here’s some of what users are looking for, and what’s driving interest in either crypto day trading, arbitrage or other strategies through the kinds of exchanges and platforms that have sprung up to help manage cryptocurrency assets.
The Big Ones: Liquidity Aggregators
Some of the most popular mobile trading environments for crypto are liquidity aggregators that span various individual exchange environments and collect all of that trading capability on one platform. FTX, formerly known as Blockfolio, is one of these. So is Tab Trader. Typically, the liquidity aggregator will also handle a lot of different pairs and give traders access to quite a few detailed options during a trading cycle.
Low Fees
The promise of the blockchain was that transactions could be done wit …
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