Jup Trader is excited to announce the launch of our new
cryptocurrency trading platform. Now you can start trading
Bitcoin, Ethereum and many more cryptocurrencies quickly, easily
and safely from wherever you are — in just seconds. You get
great margin trading leverage and short sell options with fast
deposits and withdrawals. Our support team is available 24/7/365
to help get you trading on our CySEC-regulated platform with a
trading volume of US $11 billion monthly.
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.