Being involved in crypto space for quite some time now, I have seen the price going up and down a numerous times.
I plan to try out trading to try my luck.
What I am looking forward to is if there are any exchanges that enable us to trade BTC/USD without the need to link a USD Bank account. I want to be able to keep my USD funds on the exchange itself (I am aware that it's not recommended to keep funds on exchange) and trade as normal. I would be just withdrawing the funds in crypto as the time comes.
Do enlighten me regarding this.
I don't want to trade between the cryptocurrencies because almost the entire crypto market follows the trend that Bitcoin takes on (more or less).
So you want to convert your crypto currency to USD but not have a bank account link to it. More like store it in the USD value only. Why not user tether? USDT is a stable coin pegged with the USD fiat currency. Though I have heard a lot of accusation against them of being fraud and stuffs (not sure how much true it is since I don't use tether or any stable coins). If you don't like USDT, try some other stable coins.
I don't think any exchange/platform will let you store your coin value in a fixed USD value. You are giving them the coin and they are giving you just numbers (value of the coin against nothing) which makes no sense.