Sponsored Article Trading All Markets With Your Crypto Above and Beyond
Bitcoinist | Dec 19, 2018 | 02:00
Cryptocurrency owners are oftentimes restricted when it comes to the usability of their portfolio. While there are plenty of cryptocurrency exchanges available on the market, access to traditional markets is insignificant at best. Quantfury introduces a state-of-the-art trading app which conveniently bridges the cryptocurrency and traditional markets in a user-friendly, seamless, and comprehensive manner.
Greatly Enhanced Market Exposure
Quantfury offers a user-friendly trading application available for both iOS and Android users. It’s targeted towards cryptocurrency owners who wish to participate in other traditional markets and leverage their crypto holdings to trade equities, fiat pairs, commodities, and, of course, other cryptocurrencies.
The app offers a truly necessary use case while, at the same time, remaining particularly accessible and easy to use.
Upon downloading and signing up for the app, users can easily choose the size of the fiat trading power they want. In turn, they would have to post the required cryptocurrency as collateral. Two important things need to be noted here.
First and foremost, users do not sell their cryptocurrency holdings to Quantfury when posting it. It is only used to collateral which secures the potential losses which may or may not incur.
Second, upon posting the required collateral in BTC, ETH, or USDT, users will receive trading power equal to 20 times their collateral. Here’s an example.
Let’s say you have posted $100 worth of Bitcoin as collateral in the Quantfury trading app. You will automatically receive 20 times that amount ($2,000) in fiat trading power. You can then use this fiat to trade traditional markets – commodities, equities, fiat pairs, as well as crypto. An important thing to consider, though, is that your trading power remains $2,000, even if you, let’s say, lose $10 on trading Tesla shares. While those $10 will be deducted from your collateral, your trading power will remain the same.
Convenience and Efficiency
All the profits that you make from trading on the selected market will be automatically converted in the original cryptocurrency that you have posted as collateral. Users can withdraw them at any given moment.
Apart from being particularly convenient, Quantfury’s trading app is also efficient. All of the above comes at absolutely no expense for the user. There are no commissions or leverage fees that you have to be worried about and calculate into your trading margins.
The platform offers real-time prices which are drawn directly from global exchanges.
Speaking on the matter was Gregory Kim, CEO of Quantfury, who noted:
Every Quantfury user trades with no commissions, leverage fees or any other type of fees, which is unmatched in the retail trading industry. Our users buy and sell equities, cryptocurrencies, fiat pairs and commodities at the best bid and ask prices delivered directly from the global exchanges. Quantfury makes crypto holders access and trade markets with vastly superior conditions than those who use their credit cards and bank accounts to do so.
Attesting to the company’s validity and mission to alter the retail trading market for good is the fact that Quantfury has already received institutional funding from Invictus Capital and the Hyperion Fund.
You can learn more about Quantfury on their official website, or join their telegram group. You can also download the app from the Google Play Store and App Store.
What do you think of being able to use your cryptocurrency holdings to access traditional markets? Don’t hesitate to let us know in the comments below!
