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I am new to this cryptocurrency trading which was referred to me by my friends in Facebook. At first i was hesitant and oftentimes got confused with the dozens of jargon than i encounter as i do my own research about this futuristic monetary technology.
So just more on curiosity i jumped in and opened my first account in PDAX, a crypto trading platform which is offered by my friend as a referral. It is an easy straightforward app which i downloaded from google playstore.
The user interface is very minimalist, simple yet intuitive enough to explore and user friendly.
The payment system has been so easy for i can readily cash in and cash out using gcash. I find it very useful for the transaction is hassle free unlike other platforms that requires a debit card which is im not comfortable to deal with.
The crypto currency available are the most active in the market and could potential viable returns if done properly but you need to have enough experience to get things right.
So jumping in, i send a few dollars to start with, but of course the currency is in Philippine peso which is the mainstream unit in gcash. Before i push the buy button, i made some google clicks on the listed currencies available.
My first crypto currency pick is the ripple, by that ripple was losing 15% in the market trade, but looking on the daily charts is has an upward trend in a few days of weeks.
So, the task was so easy, i clicked on ripple, then a screen displayed showing the stats and performance of the crypto being selected. There are very usefull info that you can dive-in into and do technical to give more better decisions on when to buy or sell.
And yes i did pus the buy button on ripple which as of this time of publishing was on a downtrend but of course i need to be patient and hold on until it will a reversal direction which i hope will happen before the year ends.