What are the benefits of blockchain in trade finance? This question is being asked by bankers and businesses worldwide. Blockchain technology is continuing to dominate headlines across the globe. An almost never-ending list of projects and pilots have been vying for our attention as the digital transformation gathers pace. Technology-based solutions work best when they resolve real problems, removing friction and pain points. Secure platform – Giarca Capital employs the most reliable, effective security technologies available. We leverage an elastic, multi-stage wallet strategy to ensure that the majority of funds are kept in cold storage for additional safety. Also, Giarca’s own platform enables two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection. At Giarca Capital, security will always be a top priority in every decision we make. Custom-built trading engine – Our custom trading engine was designed to be scalable and to ensure that orders are executed in real-time. We also support third-party trading platforms and algorithmic trading via our extensive APIs. Fast deposits and withdrawals – Our highly efficient and automated monitoring platform allow us to provide users the fastest transactions available today. This includes updates on balance, trade, and relevant wallet information. Driving Innovation – To help drive innovation in the blockchain industry, Giarca Capital is committed to supporting both new and established blockchains. We also seek to provide our clients with an ever-growing selection of blockchain technologies and digital tokens, and all new digital tokens listed on the trading platform must complete a rigorous review process. Commitment to compliance – Giarca Capital is committed to complying with all current EU regulations that help prevent, detect and remediate unlawful behavior by customers and virtual currency developers when using the Giarca trading portal or any of our other services.
A cryptocurrency exchange is not part of the regular stock exchange nor the same as Wall Street and its exchanges although it offers the same general mechanics through different specifics and different entities.
The cryptocurrency market was highly volatile in 2018. You can make a fortune in a moment and lose it in the next whether you trade Bitcoin, another coin, or the GBTC Bitcoin trust. Consider mitigating risks, hedging, and not “going long” with all your investable funds. If you trade only the top coins by market cap (that is coins like Bitcoin and Ethereum), or GBTC, then the chances of losing everything overnight are slim. Other cryptocurrencies are riskier but can offer quick gains on a good day.
There are a few sides to cryptocurrency. 1. You can trade and invest in it, 2. You can use it for transactions (anywhere a coin type is accepted), 3. You can break out a graphics processing unit and some software and mine coins. Those are all valid and interesting, but with that in mind, even if you want to do the other things with cryptocurrencies, you still need to be set up for trading.
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