INTRODUCTION
Centralization is taking over the digital market as the entire operations of different digital trading activities are controlled by a governing body put in place by the system. On these systems, the users do not have any decision power and so cannot decide on how the operations on the system run.
There are a lot of detriments to the centralization of different digital systems, some of which are...
Loss of funds, which could be as a result of hacks on these systems, as the trading funds of the users is stored on the system, making it an easy task for hackers to steal these funds whenever their attack succeeds.
Most times, not only the user's funds are stolen, but their personal data, which was entered in the course using the system, and once these data is leaked, they are obviously in jeopardy since there are countless damages that could be done with data in the wrong hands.
In the digital assets trading industry on the other hand, a different kind of digital assets trading has surfaced, where traders can leverage on the price volatility of cryptocurrencies, which is making rounds in the digital system, and make profits from participating in the price predictions of one crypto coin or another.
This type of trading is called CFD (Contract For Difference) trading, and it has the potential of enriching users who efficiently adopt it.
But to the major problem, one cannot benefit from something he does not understand or know how to use and that's exactly the case with CFD trading because there are no systems to acquaint potential traders with CFD trading and help the existing traders benefit from it.
Centralization as earlier stated has also crippled the platforms who had the potential of making CFD trading beneficial to the users.
But not to worry,
DEFI.TRADE EXCHANGE HAS EMERGED
DeFi.trade, as conveyed by its name, is a decentralized trading environment, which will help users gain profits from engaging in CFD trading, in a more secure way.
The DeFi.trade platform has developed numerous price prediction techniques which will allow the users to predict prices of any digital asset and then take the price difference between the predicted price and the price before prediction.
The Blockchain technology which is the underlying technology upon which cryptocurrency and other digital tools is built, also plays an important role in ensuring the effectiveness of the DeFi.trade exchange system, guaranteeing the safety of user data as well as other trading information, as it details recorded on it, cannot be changed and is beyond the reach of cybercriminals.
To show how flexible the system is, it makes sure that its users get to choose the asset they trade on, following its decentralized nature and also make sure that they can trade different kinds of assets, it allows for different assets to be traded on its system, with ease.
To reduce the amount of loss in CFD trading on its system, DeFi.trade makes use of market liquidity and also uses the prevalent technologies to its advantage in ensuring that traders turnover their capitals and make huge profits, in just minutes of trading.
Here are a simple steps to become a CFD trader on the DeFi.trade exchange
Since it is a decentralized system, it also stores trading funds in a decentralized way, so the user has to download a supported wallet on and then connect it appropriately to the system, after which they register their account with DeFi.trade.
The account registration process has to be effected with the referral link of an existing user of the system, to make it valid.
The next step would be to send some funds into the system, in form of a TRC-20 token, or DEF as the case may be, which will then be changed by the system into the native token of the platform called the USE token, and will then be used for trading.
To begin trading, the trader just has to transfer the exchanged USE token to the user's trading account, and then predict the possible price of an asset, and then make profits thereof.
DeFi.trade has embedded a demo trading account feature, which traders can simulate CFD trading on the system, with no real funds, as the system funds the demo account, to help users test their ability and learn new methods of CFD trading as well as get familiar with how trading is done, to avoid any kind of loss.
CONCLUSION
DeFi.trade has unlocked a new way to earn in the digital asset industry, CFD trading in a more secured and reliable way.
Privacy of transactions and user details is guaranteed on the system while trading CFD on DeFi.trade, protecting the trader's interests as they benefit from price volatility in a decentralized manner.
For more information, kindly contact the links below:
● Website: https://defi.trade/
●WPP: https://drive.google.com/file/d/1_ChG09bl29HTSstIpf_HFOHCeNNf7484/view
● Telegram channel: https://t.me/defitradeexchange
● Telegram group: https://t.me/defitradegroup
● Youtube: https://www.youtube.com/channel/UCKQ1pUh2yzivLazjLAN03yg
● Twitter: https://twitter.com/defitrade
● Facebook fanpage: https://www.facebook.com/defitrade/
● Medium: https://medium.com/@defitrade
Author's Details
Bitcointalk Username: Deeshawn
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2189852;