What is crypto trading?

Crypto trading refers to the practice of buying and selling cryptocurrencies like Bitcoin, Ethereum, Litecoin and many others on various centralized or decentralized platforms like exchanges, brokers and over-the-counter markets. Crypto traders aim to make a profit by predicting the future price movements of digital assets and placing trades accordingly. Due to the volatility and susceptibility to market manipulation, trading cryptocurrencies requires a great deal of experience, knowledge and risk management skills. Furthermore, the legality and regulation of crypto trading varies by jurisdiction, and traders must ensure compliance with relevant laws and regulations.

This mind map was published on 16 May 2023 and has been viewed 118 times.