Benefits of Trading Tokenized Assets With Currency.com

Cryptocurrencies have opened the world of trading to millions of investors around the world. Because of their decentralised status, they have allowed anyone to actively participate in an open market and use this opportunity to make serious profits. That said, cryptocurrencies come with increased risks compared to other assets. Their low liquidity and volatility make them erratic and unpredictable, which is why some traders prefer to avoid them.

For this reason, tokenised assets have become quite popular in recent years. While volatile, tokenised equities are much less so than cryptocurrencies. They also follow some traditional market indicators that seasoned traders are already accustomed to.

In this article, we take a closer look at tokenised assets, their pros and cons, and the best way to trade them on Currency.com. Let’s get started with some basics first.

What Are Tokenized Assets?

Tokenised assets are tokenised versions of different types of assets such as equities, bonds, commodities and market indices. Trading traditional assets such as these usually requires a huge amount of paperwork. You will need to be registered with a broker and provide advanced financial details to be allowed to start trading on reputable stock exchanges. Moreover, you will be limited to your regional stock exchanges and won’t be able to trade on equities from other countries.

With tokenised assets, on the other hand, the process is much more straightforward. You simply need to go through a registration process and confirm your identity to access a wide array of asset types and thousands of different tokenised stocks, bonds and commodities. Trading platforms like Currency.com understood the demand for such trading instruments and created tokenised versions of stocks and commodities and pegged their price to their stock market value.

How Does Currency.com Work?

Currency.com is an online cryptocurrency and tokenised assets cryptoexchange that offers more than 2,000 different tokenised assets for trading. The value of tokenised assets on the cryptoexchange mirrors their underlying asset price and is updated live to provide the most accurate price pegging available on the market.

Tokenised assets that can be traded on Currency.com include:

• Over 160 different cryptocurrency markets tradable directly for tokenised USD, EUR, RUB, AUD and others;
• The most popular tokenised commodities, including tokenised gold, silver, copper, coffee and many more;
• Tokenised indices of major stock markets such as the S&P 500, Dow Jones and Nasdaq, among others;
• Hundreds of popular tokenised equities of major companies like Coca-Cola, Microsoft, Amazon or Apple;
• Tokenised government bonds for traders who prefer less-volatile assets; and
• Tokenised fiat currencies that simulate the Forex trading experience.

All in all, Currency.com is a complete package deal, offering you incredible versatility for your portfolio.

Benefits of Trading on Currency.com

There are many benefits to conducting your trading activities on Currency.com. The cryptoexchange offers high liquidity and accepts a large selection of fiat currencies for both deposits and withdrawals.

More importantly, Currency.com is the one of the first regulated cryptoexchanges that offers tokenised assets. While other cryptoexchanges are shutting down their tokenised asset functionality due to regulatory issues, Currency.com retains the ability to offer these services to more than 180 countries. Trades can be executed almost instantly, at a low cost, and with no geographical limit to the type of assets you can trade.

And if you are a beginner, the platform provides in-depth written and video tutorials on how to trade and conduct sound technical analysis and become an efficient trader. You can also access a demo trading account to learn the ropes of the platform.

Finally, Currency.com provides unprecedented diversification for your portfolio. You can simultaneously trade cryptocurrencies, tokenised currencies, bonds, stocks and commodities, which allows you to access any type of trading opportunity available, regardless of your risk profile.

Main Stages of Trading With Tokenized Assets

What’s more, the process of getting started is entirely streamlined and requires only a few minutes to complete. Completing the following steps will get you trading tokenised assets in no time:

1: Register and identify an account, which will be submitted for ID verification to comply with anti-money laundering and know your customer industry standards.

2: Deposit funds into your account. You can use bank cards or bank transfers to deposit fiat. You can also deposit crypto. You can start with as low as $20.

3: Buying and selling assets. You will be able to access a trading interface that allows you to place advanced order types such as limit and stop-losses. Currency.com provides industry-leading charting tools for following market prices and setting up your strategy. To purchase your first tokenised asset, select the asset, provide the desired volume and leverage, and complete your order.

4: Portfolio manager. This feature will provide live statistics on your purchases and give you a thorough overview of the purchase price, current price, profit/loss ratio and list all open orders. In case the market is open at the moment of the order, your assets will directly be sent to your portfolio.

To sum up, Currency.com provides a trading platform that is both easy to use and encompasses more advanced features for demanding traders.

Conclusion

Tokenised stocks, bonds and commodities provide much-needed versatility for seasoned traders who wish to diversify their portfolios. However, trading on dozens of different markets can quickly become a time-consuming endeavour. Fortunately, Currency.com provides all of these assets in one place, allowing you to trade them on a secure, intuitive and regulated platform.