Volatility on the crypto exchange Allbinex.com at first glance, this is a minus of cryptocurrencies. After all, due to sudden jumps, it is impossible to safely invest money in the crypt and store capital in it. But is this really the case? Perhaps the fluctuations in the exchange rate can be used profitably?
A rapid and strong change in the cryptocurrency exchange rate has the following advantages:
⦁ The opportunity to get a high income in a minimum time. That is, the stronger and faster the rate of the crypt changes, the more profit an investor or trader can get. To do this, you only need to “catch” the change.
⦁ Increased liquidity. Fluctuations in the exchange rate and earnings of investors increase people’s interest in the crypt. That is, an increasing number of people are starting to invest in coins. Thus, the asset becomes more liquid.
⦁ Growth of trading volumes. As investors increase, the volume of transactions conducted on the exchanges also increases. This, in turn, stimulates the development of the cryptocurrency industry. Developers see users’ interest in projects and issue new blockchains or tokens on existing platforms.
⦁ Increasing the popularity of crypto assets. High earnings due to volatility, increased liquidity and trading volumes turn this financial instrument from a new and exotic into quite popular and in demand. That is, all participants in the process will benefit from this.