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When it comes to the cryptocurrency markets, a lot of what you may already know about trading goes out the window. The digital currency sphere has unique characteristics that demand a different strategic approach.
For a start, crypto volatility offers great revenue opportunities but also dramatically increases your risk. Equally, security concerns such as exchange hacks as well as the growing pains of a new asset class, with regard to the gradual introduction of governmental regulation can have a huge impact on prices. These factors will affect your strategy, which in turn, will influence the type of platform or exchange where you choose to trade.