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Holon, Israel
A lot of people are interested in learning cryptocurrency trading. There are traditional courses available for this, but a new website called the Bitcoin Tournament (also known as Bitnplay) helps their members to learn how to buy and sell Bitcoin in a very entertaining way. More cryptocurrencies will follow shortly.
There are Three Options to Learn Cryptocurrency Trading
As a member of Bitcoin Tournament, there are three options available to learn cryptocurrency trading in a very enjoyable way:
1. Members can practice with their friends which is great fun
2. Members can practice by competing with other members
3. Members can join big tournaments
It is best if a member practices first before joining any of the big tournaments. They will want to join big tournaments after they have practiced as they will have the opportunity to win real cryptocurrency.
As soon as a Bitcoin Tournament member wants to practice their trading skills, they will receive virtual cash which is their starting balance. The member can then use this for trading. They will learn that buying low and selling high is the key to success.
Bitnplay CEO Arik Zoltan said “since we launched the Bitcoin Tournament platform, we have had an incredible response from budding cryptocurrency traders all around the world. People that become members want to learn and try out their cryptocurrency trading skills and find that is a fun and entertaining way to do it”.
He also went on to say “We are finding that the majority of our members are inviting their friends to join so that they can learn crypto trading as well and have fun at the same time. There is a real community forming that are looking out for each other”.
Members can Open a Cryptocurrency Trade
To open a crypto trade, a member needs to enter the number of lots to trade and the system will automatically calculate the margin that they need to make the trade. If the member has sufficient funds to make the trade, then “buy” and “sell” buttons appear and the trade will commence.
The Bitcoin Tournament platform will automatically calculate the margins for a trade. This is based on the formula Lot Size x Volume x Current Price / Leverage. Members will need to know the current price of a crypto coin they have chosen as this significantly affects the margin. Current prices are available on the Bitcoin Tournament platform.
If a member of Bitcoin Tournament wants to close a trade, they can easily do this in the competition page. The platform will calculate the profit or loss of all trades using the formula (Current Price – Open Price) x Direction x Lot Size x Volume. A “buy” trade has a direction of “1” and a “sell” trade has a direction of “-1”.
About RT Base
RT Base is a company based in Israel that has developed cutting edge cryptocurrency trading technology. They provide their members with the opportunity to learn cryptocurrency trading and trade cryptocurrencies in a fun and entertaining way.
Release ID: 89033946