ONEEXBIT: AN EASY PATHWAY TO ACCESS CRYPTO TRADING TECHNICAL ANALYSIS TOOLS WHILE TRADING ON CRYPTO EXCHANGES

flezy (40)in #trading • 5 years ago

The blockchain technology has and will continue to make its indelible imprint in the history of mankind for so many years and centuries to come. There are so many applications of the blockchain technology in various facets of human living, however, one of the applications of this technology seems to stand out prominently among the rest. Cryptocurrency – a virtual, decentralized and peer to peer currency can be deployed in the same way and manner as it is done with paper currencies to carry out transactions of various degrees. However, there are some variations between these two forms of currencies – fiat and cryptocurrency; all cryptocurrency operations are done virtually via digital and internet platforms i.e it’s not possible for one to touch a cryptocurrency.

Exchange or trading of cryptocurrencies equally takes place on digital and internet devices.
Cryptocurrency market is a very volatile one, so before becoming a professional trader in the crypto market, one has to learn how to use crypto technical analysis tools to monitor and follow the trends in crypto market before making decisions about trades if not so a clumsy future awaits any crypto trader that fails to use these crypto market technical analysis tools in his crypto trading journey.

It is usually expected that crypto exchanges should have these technical analysis tools on their platforms, however, most crypto exchanges provide technical analysis tools that aren’t too detailed enough to aid traders in their market survey and analysis…..this condition is not very helpful to either a crypto trader beginner or expert.

THE NEED FOR ONEEXBIT CRYPTO TRADING TERMINAL

As earlier mentioned, the volatility of crypto markets makes it imperative for a thorough analysis and forecasting of the market before any trade order and executions are initiated. These analyses of the crypto market are usually done with computer program software known as technical analysis tools and these tools are presented on the computer screen in the form of mathematical statistical charts showing market activities and performances.

OneExBit is a crypto trading terminal with abundant and detailed technical analysis tools that shows various market activities of the exchanges supported on the OneExBit crypto trading terminal. Trading your cryptocurrencies via the OneExBit trading terminal affords you the opportunity to have first-hand information about the crypto market via the abundant technical analysis tools available on the OneExBit Crypto trading terminal. The interface of the OneExBit crypto trading terminal is developed to be a very user-friendly one and very simple.

Since crypto technical analysis tools appear in the form of statistical charts and graphs, a clear, simple and not difficult-to-visualize interface is needed to display the crypto market data obtained from the crypto technical analysis tools. This is one of the reasons behind the fantastic and user-friendly interface of the OneExBit crypto trading terminal in order to afford their crypto terminal application users the opportunity to seamlessly read the data displayed by the technical analysis tools on its user interface without worries and any form of difficulties.

Bearing in mind the importance of data generated by these crypto technical tools to crypto traders, the technical analysis tools available on the OneExBit crypto trading terminal isn’t lost or deleted when one shuts down the OneExBit crypto trading terminal app, rather it’s saved on the terminal so that whenever the crypto trader reopens the OneExBit trading terminal he equally sees his data showing his previous operations with the technical analysis tools.

CONCLUSION

ONEX coin remains the coin needed on the OneExBit trading to engage in transaction confirmation of its blockchain via the proof of stake method of reaching consensus on the blockchain network. In order words, ONEX coin holders need to stake some amount of their ONEX coin in order to win the right to confirm a block of transaction on the OneExBit's blockchain network and equally earn a reward if selected to confirm the transaction.