This Bitcoin-Only Platform Reinvents Stock, Commodities & Forex Trading

Whaleclub marks a new era in global financial markets as a trading platform that allows anyone to trade the markets with bitcoin, without needing to link a bank account. Traders can go long or short on cryptocurrencies, forex, commodities, indices, and stocks – using just bitcoin.
‘Our mission is to allow anyone, wherever they may be in the world, to use bitcoin to access and trade the global markets,’ Petar Zivkovski, Whaleclub’s chief operating officer, told CCN. ‘By blending sophisticated engineering with an elegant experience, we empower thousands of traders to access worldwide markets with bitcoin – completely outside the traditional financial system.’
Digital Currency Yields Efficiencies
Based in Hong Kong, Whaleclub began with the idea that a digital currency powered trading platform can operate at less cost than traditional systems. These cost savings can be passed on to customers in the form of low spreads and zero execution fees.
‘Traditional trading firms are plagued with deposit and withdrawal delays, excessive fees, and poor customer support,’ Zivkovski stated. ‘By using digital currency instead of fiat, we can provide customers with a superior experience: instant deposits, low spreads, worldwide market access from over 190 countries, customer privacy, and great customer support. This is a de facto example of how digital currency provides a significant advantage over fiat.’

This post was published at Crypto Coins News on 15/10/2016.