There is no hotter topic right now than Bitcoin and Cryptocurrency, with stories being released daily of new Crypto-millionaires. Since the first 50 Bitcoin (a decentralized form of currency) was mined in January 2009, its value has exploded from $1 per coin to $16 052 per coin, and is predicted to continue growing, given its limited supply. Since reaching the public consciousness, numerous other Cryptocurrencies have also gained in popularity and the success and volatility of Cryptocurrency trading has encouraged many people to try their hand at Cryptocurrency trading.
As with all trading, the goal is to buy low and sell high (or to buy high and sell low if you are looking to short the market). An easy way of learning the ropes of this unique trading market is the Bitcoin Flip app, available on both IOS and Android.
Trade with 6 of the most popular Cryptocurrencies
The premise of the app is simple and effective. Choose one of six Cryptocurrencies – Bitcoin, Ethereum, Dash, Litecoin, Ripple and Monero – and trade. The layout of the trading floor is intuitive and exciting. Six buttons at the top of the screen denote the six currencies. Selecting one will open a line graph being updated in real time with the value of your selected Cryptocurrency. Select your investment amount ($250 or $500 on the free app), the leverage amount (x1 or x5 on the free app) and whether you wish to trade conventionally or short the market. Once this is done, you can select to sell your stake automatically if the crypto reaches a certain price or you can continue to play manually. When you’re ready, hit “close trade” and watch the money pour in!
Turn your $5000 into millions
Each player is awarded $5000 in virtual/play money with the goal being to turn that into as much money as possible. The trading floor is live all day; everyday and you can make trades whenever the mood strikes you.
Connect via your Facebook account and challenge your friends
A fun feature of Bitcoin flip is the leaderboard screen. This shows you your wins, losses, number of trades and days trading, as well as your ranking amongst your friends, globally and in your country. There is nothing more satisfying than making a big trade that pushes your pot above that of your friends. Post about your crypto-success story on Facebook direct from the app!
Fun and risk free way of familiarizing yourself with Cryptocurrency
Cryptocurrency trading is here to stay. Instead of entering this world and risking real money, have fun with your friends whilst still learning with Bitcoin flip. Nothing could be simpler, with everyone occurring in real time at the touch of a button, anywhere, anytime. When you’re ready, take your skills into the real world and become a Bitcoin millionaire. Download Bitcoin Flip from the Apple iStore or Google Play Store today!