Crypto trading is rapidly evolving and continually challenging conventional investment markets like never before. Not to mention that cryptocurrencies have become one of the most profitable asset classes. Bitcoin have jumped at least 300% in value every year over the past decade.
However, an individual retail investor finds making profitable trades challenging in many ways. The extreme market volatility, hidden fees, complex terminologies and lingo of a typical Defi project – all of it can be overwhelming. Moreover, these are roadblocks to the wider adoption of cryptocurrencies and Defi. Talking about forex and conventional stocks and precious metals, typical trading terminals significantly cut into profits and turn it into a “high-risk, low-gain” investment opportunity for all retail and mid-cap investors, while benefiting only the whales in the market and the centralized derivatives issuers.
But here is CloseCross, which radically takes the challenge head-on. It extends financial predictions to crypto assets and Defi, and brings novel features that allows traders to maximise gains with minimum risks. We found the platform interesting for all it has to offer. So, we decided to dig a bit deeper and explore in-depth how the very promising CloseCross trading platform is redefining cryptocurrency investing and traditional trading processes, and literally giving conventional trading portals a run for their money.
In this article, we will find answers to questions like what is it that makes CloseCross a must-try for all individual retail investors and traders? What are those uniquely innovative features that enhance the trading experience and accentuate trading benefits on the platform? Is the CloseCross trading platform worth the hype? And we will also explain how you can start trading and locking your price predictions with just three clicks!
Introducing CloseCross Trading Platform
With Defi’s popularity exploding, trading platforms are a dime a dozen. However, what grabs our attention about the CloseCross trading platform is its approach, and the uniquely advanced functionalities, including a novelty introduced to the world of Defi-focused trading portals. Before we go on to unravel the exhaustive but exclusive list of features, let us understand what CloseCross is.
Cutting across jargon, simply put, CloseCross is a trading platform that allows users to tap into the financial predictions market and actively place trades on multiple derivatives of all hues and stripes. It was founded back in 2017, at a time when it was raining ICOs and the world just had the first real glimpse of the potential of the nascent Defi market.
What started as a trading platform grew and gradually evolved. Today, it is a leading multi-party derivatives and crypto-trading platform. CloseCross is a pioneer in bringing market movement predictions to the extremely volatile cryptocurrency and Defi market. One of the key factors that define CloseCross’s trading philosophy is to keep it simple, real, and make it exciting by expanding the range of features and functionalities on the platform. It would be safe to say that aligned with its trading philosophy, CloseCross has created a trading platform that’s the most user-friendly, intuitive and beginner-centric among its peers. With offices in London and Malta, CloseCross is your safe bet if you’re looking for a secure, rewarding and multifarious trading platform.
Unlike typical Defi projects and trading platforms, it allows you to enter the financial prediction market and monetise your opinion and price predictions. You can make money by leveraging your knowledge and financial expertise to predict price movements of several derivatives and crypto-assets, including but not limited to top digital currencies. Both newbies and seasoned players get to make leverage-like returns, without them having to risk additional funds. CloseCross’s trading platform also provides users with multiple trading benefits, as they can mint money simply by using their experience and expertise to predict the market movement of range-bound assets – something that no other trading platforms offer.
CloseCross – A Crypto Trading Platform Or A Trading Trailblazer?
CloseCross is not just another crypto-trading platform; it’s a trailblazer in many aspects. A gateway to the Defi market and crypto trading, it pioneers as a multi-party derivatives trading portal. It hosts features that are exclusive to CloseCross – and they are super exciting, especially if you’re gearing up to tap into the multibillion-dollar Defi market to make real trading benefits.
So, what makes CloseCross an outlier?
Your one-stop Defi/trading shop
Once you’re on the CloseCross trading platform, you’ll find there are limitless possibilities. You can trade a range of assets, including the leading cryptocurrencies like Bitcoin, Ethereum etc. There, you get seamless access to trading conventional derivatives like stocks, and stock indices from Wall Street giants like DowJones, Nasdaq, and FTSE 100.
If, on a shiny Monday, you have a pro-level tip about precious and base metal price movement, you won’t have to look elsewhere – you can trade in them on CloseCross. The trading platform also features support for commodities markets and even forex pairs and interest rates.
The “all-in-one” makes trading highly accessible and you don’t need to worry about switching accounts or using a sophisticated multi-screen setup to become a successful trader. Most importantly, it’s equally simple to trade on CloseCross.
Three Clicks And You’re All Done
Most of the new and typical trading platforms – especially the ones mushrooming in the aftermath of the Defi explosion – have poor UI. If you’re a beginner and if you’re to look at those trading screens, you may never want to get into trading.
But it doesn’t have to be that way! If only trading platforms spend a bit on enhancing their user experience. Most importantly, when a trading platform is simple to navigate and everything is easy to follow, you know exactly what you’re getting into. It means there’s less chance of placing those booby traps and onsite catches.
With CloseCross, all you need is three simple clicks to complete even the most advanced trade.
Get Leverage-like Benefits Without Leverage
It’s simply amongst the coolest features of the CloseCross trading platform. You don’t need to leverage to gain “leverage-like benefits” on the platform. But what does it mean?
Let’s break it down. You have limited capital or crypto assets to trade. You want to make maximum profits by getting leverage on your capital/asset, but at the same time, you can’t afford to lose as much.
This is where CloseCross’s patented multi-party model allows you to get “leverage-like returns” without losing more than what you place on predictions. CloseCross’s patented multi-party model “ensures that leverage is not needed to achieve potentially outsized returns. Money placed on incorrect predictions is lost, but you never lose more than what you put in as there is no leverage needed or possible on the platform.”
In a conventional trading setup, “each derivative contract is 1-to-1 between you, the trader, and the issuer of the derivative contract”. However, CloseCross introduces a mechanism that makes it possible to diminish the risks by simply changing the number of people/parties involved in the derivatives contract instead of increasing the leverage amount.
To sum it up, CloseCross allows you to maximise your gains while traders take minimum risks. You can never lose more than what you put in. No surprise margin calls or liquidations like you see in generic CFD trading.
Make Easy Money Predicting Price Stability
CloseCross lets you predict price stability. No other trading platform allows users to make money by predicting price stability. It means you get to trade on range-bound assets and make money if actual prices remain within your price prediction bracket. It is an exciting feature exclusive to the CloseCross platform. If you believe you can leverage your experience and expertise and predict the prices of your favourite derivatives and assets, you would love to make as much on the CloseCross trading platform.
Pay Fees Only On Winning Trades
On CloseCross, you don’t pay any facilitation fee until you place a winning trade. It means that in the long run, you save a significant percentage on the fees paid. Typically, we have seen traders paying up to 3%, even on losing trades. Moreover, it’s disheartening to see several upcoming Defi platforms rely on pompous advertising campaigns to acquire clients and then charge ridiculous fees on the platform to mitigate the high acquisition costs. CloseCross has a zero-hidden fee policy and they don’t upsell, which is a good thing if you’re looking to get on a platform where you can have your peace of mind while trading your favourite assets.
Superior Analytics For Secure Trading
The importance of strategy, data and analytics cannot be stressed enough. They can be really helpful to make informed trading decisions. CloseCross provides access to advanced analytics and custom tools to help you become a better trader. Best of all, you get seamless access to “real-time data on the predictions of other traders, enabling investors to make a more informed forecast based on increased transparency”.
It allows you a flexible investment opportunity to either follow the trend or stick to your strategy. Usually, we recommend diversifying both strategic investments and also asset choices.
How To Start Trading With Close Cross
Trading with CloseCrossis simple. The first step is to sign up on the platform and complete the Know Your Customer (KYC) process. As a registered and regulated platform, CloseCross makes sure all compliance procedures are met and it also adequately represents and protects the interests of its customers.
Once you create an account on the platform, you get access to a virtual trading/price prediction floor and a personal CloseCross wallet. The next step before you start trading is to top up your wallet. You can directly transfer tokens to your CloseCross wallet address. Alternatively, you have a wide range of top-up options to choose from, which includes all top PSPs like Skrill, Neteller, and major credit or debit cards including Visa and Mastercard. However, to use your card options, you’ll have to first purchase USDC on MoonPay, which is a CloseCross partner exchange that allows you to make purchases using cards and PSPs.
After you have funds in your CloseCross wallet, you’ll be able to top up your trading account cart. Thereafter, you’ll have access to the CloseCross prediction floor where you’ll be able to trade price movements of a range of crypto assets and conventional derivatives.
Trading is easy. It’s just three clicks! The first step is to select your CloseCross Virtual Trading Floor (VTF) depending on the derivative or asset class you want to trade; the second, you predict the price, and the third, you commit your funds.
You can see your transaction history and also your past performance on CloseCross. Also, setting up an account on CloseCross is completely free.
CloseCross – Actively Adding Features!
The technical landscape is rapidly evolving. If you’re predicting price movements, it is crucial that your trading platform is fast and first to come up with the latest that turns tides in the world of financial prediction trading and Defi. CloseCross has created a name for itself in the past 4 years for being an innovation leader. Their technical team is actively researching shapeshifting ideas to implement them on the platform to provide users with the best trading and prediction experience. Commenting on the plans for the future, CloseCross says they are positive about launching “tradeable notes”, followed closely by social/follow trading as additional revenue-generating avenues, in the coming 24 months.
CloseCross is a next-gen trading platform that focuses on user experience and provides seamless access to monetising opinions and predictions related to the financial markets. It is revolutionary in bringing a range of crypto assets and conventional derivatives from across the spectrum – all in one place. With multi-party prediction trade, it allows users the best value proposition with the minimum risk taken to gain the maximum possible. All-in-all, the platform is convincingly ahead of most peers, and if you’re into Defi and prediction trading or looking to make money with your financial knowledge, CloseCross is where you should be.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
Earnings Disclaimer: The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.