Crypto Trading
We are pleased to announce the opening of our new cryptocurrency trading platform, Lumina Trade. In just a few seconds, you can now begin trading Bitcoin, Ethereum, and numerous other cryptocurrencies from any location. You receive quick deposits and withdrawals, excellent margin trading leverage, and short sale options. With a monthly trading volume of US $11 billion, our support staff is ready around-the-clock to assist you in starting to trade on our CySEC-regulated platform.
What is a crypto currency
A cryptocurrency like bitcoin is a virtual currency traded peer-to-peer on a blockchain, independent of centralized authorities like banks and governments. Cryptocurrencies are entirely virtual, so they are not backed by physical commodities and have no intrinsic value.
How Do Cryptocurrencies Work?
Primarily, cryptocurrencies rely on blockchain technology to complete a transaction via an intricate P2P network. Once a transfer request is entered into the network, it is validated by the network and added to a pool of other transactions to create a block of data for the ledger, which is then entered into the existing blockchain. Once the block is successfully added to the chain, the transaction is approved and completed.
Are There Investment Opportunities with Cryptocurrencies?
Absolutely. Cryptocurrencies have become established investment commodities among major financial institutions and have even been adopted by countries such as Australia and Japan. As with any investment though, there are risks linked to market movements, high volatility and economics.