Post
Topic
Board Trading Discussion
Re: trading outside of crypto?
by
olubams
on 17/10/2018, 12:05:27 UTC
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information



If its your dream to trade in the stock market then you need to do more in getting information as it relates to your locality because the prerequisites to trade in that market differs from country to country. For example where I am, to trade on the stock market requires that one is a member of a professional body and licensed to carry such a trade. This is put in place in other to ensure that only qualified people are operating in the market and that they are expected to behave in certain ways otherwise their licenses can be revoked.

The stock market is very much different from the crypto market in terms of first entry. While $5 dollars can grant you entry in the crypto space, there is no room for that in the stock market.