Bitcoin Ethereum Cryptocurrency trading

Cryptocurrencies Trading

Trade cryptocurrencies with PSS
  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin Cash
  • Eos

Our priority in cryptocurrency trading is allowing our customers to invest in the most dynamic market with the reliable counterparties.

With over 15 years of experience in online trading services, we are confident to offer quality services in cryptocurrency trading.

Benefits of investing in Crypto market with PSS

As a digital asset designed to be a medium of exchange for secure financial transactions, cryptocurrency has grown in popularity a great deal since its creation in 2009.

Its volatility has attracted investors, providing them with ample opportunities to grow their capital. Customers of PSS can now take advantage of cryptocurrencies as a tool of investment as well as a payment. Our offers are:

  • Save money on trade

Pay no commission trading cryptocurrencies with PSS.

  • Adjustable leverage

Change leverage even for opened positions up to 1:300 from your ibank page.

  • Fully Automated Click & Deal Trading

At PSS, trading becomes much more convenient by adopting an automated click-and-deal system that makes you trade quickly and more efficiently.

  • Efficient trading account

At PSS you can trade a wide range of cryptocurrencies from one account without using different wallets for different cryptocurrencies.

  • Innovative Charts and Charting Tools

At PSS customers are given the access to a variety of resources and unique trading tools specified to help them create more informed trading decisions.

  • Negative Account Balance Protection

At PSS’s online trading, your risk is only limited to funds on deposit. Our margin policy eliminates concerns about debit balances by guaranteeing that you will never owe more than what you have in your account.

  • 24-Hour Access Help Desk Support

At PSS, our help desk representatives are devoted to providing services to our valued customers on any impending concern.

Basics of Cryptocurrency Market

Explore the information and resources below to increase your understanding of how to trade cryptocurrency.

What is the definition of cryptocurrency?

Cryptocurrencies are systems that allow for the secure payments of online transactions that are denominated in terms of a virtual “token,” representing ledger entries internal to the system itself. “Crypto” refers to the fact that various encryption algorithms and cryptographic techniques, such as elliptical curve encryption, public-private key pairs, and hashing functions, are employed.

The first cryptocurrency to capture the public imagination was Bitcoin, which was launched in 2009 by an individual or group known under the pseudonym, Satoshi Nakamoto. As of February 2019, there were over 17.53 million bitcoins in circulation with a total market value of around $63 billion (although the market price of bitcoin can fluctuate quite a bit). Bitcoin’s success has spawned a number of competing cryptocurrencies, known as “altcoins” such as Litecoin, Namecoin and Peercoin, as well as Ethereum, EOS, and Cardano. Today, there are literally thousands of cryptocurrencies in existence, with an aggregate market value of over $120 billion. (Bitcoin currently represents more than 50% of the total value.)

What are the benefits of cryptocurrency?

Cryptocurrencies hold the promise of making it easier to transfer funds directly between two parties in a transaction, without the need for a trusted third party such as a bank or credit card company, these transfers are facilitated through the use of public keys and private keys for security purposes. In modern cryptocurrency systems, a user’s “wallet” or account address, has the public key, and the private key is used to sign transactions. Fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.

Central to the appeal and function of Bitcoin is the blockchain technology it uses to store an online ledger of all the transactions that have ever been conducted using bitcoins, providing a data structure for this ledger that is exposed to a limited threat from hackers and can be copied across all computers running Bitcoin software. Every new block generated must be verified by the ledgers of each user on the market, making it almost impossible to forge transaction histories. Many experts see this blockchain as having important uses in technologies such as online voting and crowdfunding, and major financial institutions such as JPMorgan Chase see potential in cryptocurrencies to lower transaction costs by making payment processing more efficient.

What affects cryptocurrency prices?

Volatility in the price of cryptocurrencies such as bitcoin and ethereum frequently makes the news, with rises and falls of 40pc or more in a matter of days not uncommon. But what is actually causing the rollercoaster ride? Here are some of the top culprits.

Regulation

As with any new type of investment, the law is racing to keep up with the development and use of cryptocurrencies. Questions are being asked in different countries and jurisdictions over whether they should be recognized as units of currency, tightly regulated or even made illegal, and new decisions are being made and changed all the time. Prices tend to react quickly to any decisions regarding cryptocurrency regulation. For example, when Japan announced that it was legalizing bitcoin in April 2017, the price hit $1,130, rising nearly 3pc in a day. But when regulators crack down, this also hits cryptocurrencies hard. A particular culprit has been the Chinese market, mainly because it is so large. China has repeatedly cracked down on cryptocurrencies, with a market crash following most announcements. For example, in February this year, China blocked all websites relating to trading in the currencies, prompting an immediate 15pc fall in bitcoin and 20pc drop in ethereum. Earlier bans of initial coin offerings (ICOs) in the country had a similar negative impact on their value.

Current affairs

As well as regulation, current affairs that seem to have nothing to do with cryptocurrency can have an effect on the share price. Cryptocurrency is often seen as an alternative to what is known as “fiat” currency – that is, currency where the value is backed by the government that issued it. So when investors lose their confidence in a fiat currency because of economic or political events, they can turn to bitcoin or its rivals, pushing up the price.

Speculation

Cryptocurrency investors who lived through the dotcom boom will know all about how speculation can push up the price of an asset or deflate it just as quickly. Speculative investors hope to make money out of cryptocurrencies, but may buy and sell quickly, adversely affecting the market or causing short-term swings. Investors talk particularly about “whales” – investors with very large amounts of a given currency, whose speculative trades can have a huge impact on the market.

Hacking

From Bitcoin’s beginning to the proliferation of new currencies today, hacking has remained a problem for cryptocurrency investors. Every major hack into the system, or into cryptocurrency exchanges or wallets, has provoked a price crash. Recently, an attack on the cryptocurrency exchange Binance caused a 10.8pc crash in a matter of minutes. While cryptocurrency technology gets ever more sophisticated, the hackers do as well, so these adverse events seem likely to continue.

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Be sure to make appointment before you visit our branch for online trading service as not all branches have a financial service specialist.