Our team's history dates back to 2016, when we made our initial forays into cryptocurrency trading. At that time, the field was still in its infancy—there were no established strategies or mechanisms in place.
Through trial and error, we gained invaluable experience, developed our own strategy, and gradually increased our investment reserves.
Today, in 2024, Permexo stands as one of the leading cryptocurrency trading companies. Since 2016, we have navigated both significant downturns and periods of substantial growth, using these experiences to effectively increase capital in skilled hands.
Over the past period, we have:
formed a pool of
successfully closed deals;
created and improved our
own trading algorithms;
integrated the latest IT solutions and
technologies into our own trading
process;
by using AI algorithms largely automated the processes of cryptocurrency trading.
Today, we have a precise understanding of how to effectively optimize trading transactions, regardless of various external and internal factors in the global cryptocurrency market.
One key difference between the cryptocurrency market and traditional financial markets is their operating hours. Unlike traditional markets, cryptocurrency trading occurs 24/7 with no restrictions, and there is no concept of closing positions at the end of the day or week.
At first glance, cryptocurrency trading may appear similar to trading in traditional stock and financial markets. However, despite these surface similarities, there are many fundamental differences that distinguish cryptocurrency trading and impact the trading process.
The main differences in
cryptocurrency trading are:
The high volatility of cryptocurrencies can greatly impact investors. On one hand, it presents the opportunity to multiply your investment within a few days. On the other hand, it can also result in a total loss of investment, with little time to close a deal with minimal profit.
While changes in liquid currency pairs on the stock exchange may range from 2% to 4% per month, cryptocurrency indicators can fluctuate by 50% or even 100% in the same period.
We do not consider cases of extreme fluctuations, where certain coins or tokens experience daily changes of 1000% or more.
One of the key differences between the cryptocurrency market and traditional financial markets is the operating mode - unlike the latter, cryptocurrency trading has no restrictions and takes place around the clock. Cryptocurrency markets lack the concept of closing positions at the end of the day/week.
The cryptocurrency market is highly decentralized and independent from traditional financial mechanisms and trends. We have repeatedly witnessed an active growth of digital assets during financial crises and a decline in global indices - this is primarily due to the desire of many institutional investors to diversify their losses by distributing them over many financial tools.
Currently, the cryptocurrency market is still very small compared to the stock markets. Combined with the enormous potential and active promotion of the financial attractiveness of crypto assets, this bodes well for the industry's future.
Permexo.biz Trade company is legal, has all investment permits and official registration in the UK