CPH Crypto Offers Total Trading Flexibility With New Mobile App for iOS and Android
Publicly-listed Scandinavian discount crypto exchange CPH Crypto launches its mobile trader apps, now available on Google Play/Android and App Store/iOS platforms.
COPENHAGEN, Denmark, Jan. 4, 2021 /PRNewswire/ — Just a couple of weeks ago CPH Crypto, a leading Scandinavian deep-discount crypto exchange, announced margin trading 10x on crypto spot as its latest service. The company is proud to announce that traders can now onboard as clients and conduct all trading activities via CPH Crypto’s new mobile Trader App now available as Android and iOS platforms.
CPH Crypto Trader APP for Flexible Trading
The new trader app enables clients to start trading after just a couple of minutes of registration and onboarding. The CPH Crypto Trader App allows users to trade all the most popular cryptocurrencies and pairs, swiftly deposit, transfer, and withdraw bitcoin and USD anytime.
CPH Crypto’s CEO, Jan Andersen describes the recent progress, stating:
“We have come a long way in only a few months since the launch of CPH Crypto webtrader in September. Margin trading on crypto spot was successfully launched just recently, and now our apps are ready. We know that this is extremely important for our clients because it offers them total trading flexibility. They can do everything on the smartphone and use the mobile trading apps like their usual desktop trading.”
Unlimited Trading For Just 39 USD/Month
According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.
CEO Jan Andersen explains:
“In the traditional stock and FX trading market competition has driven down fees to a low level over the last decade. The same needs to happen in the crypto space, but we want it to go faster, and that’s why we launched our discount concept in September.”
Dominant Trading Platforms Up to 13X More Expensive
Recent calculations clearly document that some of the biggest crypto trading platforms are as much as 13 times more expensive for active crypto traders to use than CPH Crypto.
To obtain a complete view of a particular broker’s or exchange’s trading fees, individuals need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.
Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – enabling them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.
Unique Crypto Deposit Insurance
Jan Andersen underlines that CPH Crypto offers the same services and features as the leading international trading platforms, stating:
“We offer margin trading 10x on crypto spot, deep streaming institutional level of liquidity and market depts, realtime quotes, tight spreads and genuine best execution standards. And from today our mobile apps are available too,”
“In addition to all this, CPH Crypto offers exceptionally low fees; and another unique feature is our crypto deposit insurance, which together with the low fees makes CHP Crypto a truly unique player on the crypto trading market.”
What the insurance does is to guarantee all the clients’ deposits in cryptocurrencies, which means, for instance, that in the unlikely case of a hack of the trading platform, all the clients’ deposits in cryptocurrencies will be insured. To prove the extreme differences in fees between CPH Crypto and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples.
Anyone can download the CPH Crypto Trader App now on Google Play or iOS and take advantage of some of the lowest fees in the industry.
To learn more visit the CPH Crypto – www.cphcrypto.com
Follow CPH Crypto on Twitter – https://twitter.com/cph_crypto
Find CPH Crypto on Facebook – https://www.facebook.com/cphcrypto
Media Contact Details
Contact Name: Jan Andersen
Contact Email: [email protected]
CPH Crypto is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.
About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.
CPH Crypto CEO Jan Andersen
View original content to download multimedia:http://www.prnewswire.com/news-releases/cph-crypto-offers-total-trading-flexibility-with-new-mobile-app-for-ios-and-android-301199920.html
SOURCE CPH Crypto
Crypto Sports (CSPN) Market Cap Reaches $494,675.79
Crypto Sports (CURRENCY:CSPN) traded 4.7% higher against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on January 3rd. During the last week, Crypto Sports has traded 21.6% higher against the U.S. dollar. One Crypto Sports coin can currently be purchased for about $0.18 or 0.00000551 BTC on major cryptocurrency exchanges including Crex24 and CryptoBridge. Crypto Sports has a total market capitalization of $494,675.79 and approximately $1,034.00 worth of Crypto Sports was traded on exchanges in the last day.
Here’s how other cryptocurrencies have performed during the last day:
About Crypto Sports
Crypto Sports (CSPN) is a proof-of-stake (PoS) coin that uses the
Crypto Sports Coin Trading
Crypto Sports can be bought or sold on the following cryptocurrency exchanges: CryptoBridge and Crex24. It is usually not currently possible to buy alternative cryptocurrencies such as Crypto Sports directly using U.S. dollars. Investors seeking to trade Crypto Sports should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Crypto Sports using one of the exchanges listed above.
Receive News & Updates for Crypto Sports Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Crypto Sports and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.
Author: William Tyler
Adrian Przelozny: More Aussies Back Bitcoin, the Underdog
In January this year, the world watched in horror as sky-high fires tore through 44 million hectares of Australian bushland, engulfing property, wildlife and humanity. Then, just as victims were emerging from the ashes, COVID-19 arrived and the local economy went into lockdown. Gross domestic product shrank 7% in the three months through June, unemployment rose as high as 7.5% and Australia entered its first recession in 30 years.
Beyond the bleak news headlines and broader economic downturn, I have uncovered evidence to suggest that a sizable chunk of the Aussie population see bitcoin as a ray of hope.
In November 2020, we conducted the annual Independent Reserve Cryptocurrency Index (IRCI) where we surveyed over 1,100 ordinary Australians to get a gauge on their current feelings about crypto. Crucially, we didn’t seek out existing crypto users, nor did we sample the users of our own exchange. We wanted to hear from everyday Australians from all walks of life and made our survey representative of Australian demographics.
The data revealed their confidence and trust in digital currencies had significantly improved. Almost one in five Australians now owns crypto, and, at 91.4%, nearly everyone had heard about it. But what is perhaps more poignant was the big change in how many people were inclined to think bitcoin is a scam – only 17.3$ are wary about it now, down from 21.3% in 2019. Instead, Australians are now more likely to view the world’s dominant crypto as a store of value, an investment vehicle or money.
We witnessed that growing confidence on our exchange, too, as we welcomed new traders in droves. Our worst month for account registrations in 2020 counted 50% more new signups than our best month in 2019. These are some of the most extraordinary growth numbers we’ve seen since Independent Reserve began in 2013.
To me, this proves that Aussies are getting behind crypto like never before, which isn’t surprising when you know how we love to back the underdog. That old story – one of willful perseverance and stoic resilience in the face of adversity – is baked into our national psyche. We love to see the little guy taking on the system.
In 2020, bitcoin is that underdog. Antithetical to the old and duly established world of centralized banking and governance, the nascent technology has attracted its fair share of haters. In particular, JPMorgan’s CEO Jamie Dimon has relished every opportunity to call bitcoin a fraud and compare its meteoric price rise with the tulip bulb bubble. He even attacked bitcoin holders themselves, telling them they’ll “pay the price for it one day” if they’re “stupid enough to buy it.”
The last three years of crypto winter have been bitterly cold and painfully long and it’s true that bitcoin dipped close to rock bottom. But those who truly believed in its ideology never lost hope.
And then, bitcoin bounces back with breathtaking gusto, silencing its naysayers to break its previous all-time high and set an impressive new personal best. In the process, it’s also won many new fans such as MassMutual, the 169-year-old insurance giant that never previously identified as a bitcoin believer but just bought US$100 million worth of bitcoin to diversify its own treasury. This has caught the world’s attention with Elon Musk now considering diversifying some of Tesla’s balance sheet,.
Even Jamie’s crew are warming up to it, with strategists at JP Morgan admitting that purchases like MassMutual’s are a clear signal for increasing institutional demand for bitcoin and, critically, a significant milestone as we edge ever closer toward mainstream adoption.
Like bitcoin, we’ll hang on.
All this is mere validation for those who were already betting on bitcoin for their future. At Independent Reserve, we have over 8,000 self-managed super funds (SMSF) established by individuals who are going so long on crypto they’ve put their retirement savings into it. The first was created in 2016 when one savvy punter put AUD $41,000 into bitcoin. Today, that account is valued over 1.2 million AUD. That’s an annualized return of nearly 100% year on year.
Comparably, Australia’s leading “aggressive growth” industry superannuation funds returned 9% year on year over a five-year period.
So it’s not hard to imagine why 13% of IRCI survey respondents are pushing for their super fund to start investing in digital assets. That number is even higher if you ask the under-34 age group; almost 30% are keen on the idea and a further 25% said they were likely to set up an SMSF and do it themselves, should they have to wait any longer.
This is a critical insight when the Australian population is aging fast. Most pension funds are in outflow and struggling to demonstrate their relevance to the next generation. This could be the disrupt-or-be-disrupted story to define an era.
This lack of trust and confidence in institutions has been brewing for a while. This year, as big-league investors such as Paul Tudor Jones told the world they bought crypto as a hedge against central bank and government actions, and the money printer go brrr meme spread through Twitter like a virus, almost a third of under-45-year-olds told us they, too, were worried about the process of quantitative easing (QE) devaluing their wealth.
As such, each newspaper headline about a crypto bubble about to pop or some talking head dismissing it as a scam is probably doing more to assist adoption than they realize. They forget our nation’s positive bias for the one that isn’t meant to win but is fighting anyway. The one who was told to go home but is still here. That’s the little guy that we’ll keep cheering to the end.
See also: Michael Casey – Money Reimagined: Memes Mean Money
In the year ahead, I expect we will see plenty of hardship thanks to the flow-on effects of QE as well as the unpredicted and unintended consequences of many COVID-19 policies. But I suspect this will only serve to strengthen Australia’s conviction. To the general public, bitcoin is still the up-and-comer, shunned by the traditional set and struggling to be recognized on the main stage. Honestly, that’s what makes it so likable. And with 7.7% of IRCI respondents admitting they planned to buy crypto in 2020 but didn’t due to COVID-related economic pressures, I can only assume they’ll enter the market as soon as they hit greener pastures.
To me, this is a classic example of that iconic Aussie resilience that binds us together during times of fear, uncertainty and doubt. We may fall on hard times but we never stop working toward our goals and our optimism for the future is unwavering. We’re still willing to take a punt, we’re still keen to have a go and we choose to see the upside where others focus only on the risk. Like bitcoin, we’ll hang on. Because we love to believe that anything is possible.