Hey everyone. I am quite new to the crypto market and I was wondering if I could get some guidelines about trading. I have been trading for quite a long time on the stock market and had moderate success. What are the main differences between trading crypocurrencies and stocks. From what I understand there is no downtaime in which the market is operating and also there is no supervising entity, that could interfere in the process of trading. Are there any other factors to be taken into consideration? Also, could anyone recommend a trading service with low transaction fees?
Very few websites like poloneix offer low trading fees but mostly the big exchange websites have a trading fee of 0.0015 to 0.002 BTC. The market is run by pumps and dumps unlike the stock market which does have fluctuations but not this huge and regular ones. There are bots that you can use for trading but it's better you start manually trading on sites and get an experience and unlike stock markets that have a stable rate for all company shares, crypto currency prices are different among all websites. You can check coinmarketcap.com to get a fair idea of which crypto currency is traded on which website and the corresponding price (like BTC, eTH and so on).