What is a Non-Custodial Platform?

What is a Non-Custodial Platform?

Non-Custodial Crypto-Trading Platform Vs. Exchange

The Benefits of Using a Non-Custodial Cryptocurrency Trading Platform vs Keeping Crypto on an Exchange

 

If you are looking to trade cryptocurrency assets for a profit, then there are several different options for how to do so. Where cryptocurrency exchanges used to be consolidated and not very widespread, they are now popping up on a daily basis. The first step to being able to effectively trade cryptocurrencies is to find a trustworthy and secure way to transact your cryptocurrency assets. If protecting your assets and maximizing your trading efforts is your goal, then a non-custodial cryptocurrency trading platform might be the best option for you.

There are many benefits to using a non-custodial cryptocurrency trading platform such as CryptoSimba.com and CurrencyHub.io. If you are not using a non-custodial cryptocurrency trading platform, you are not only putting your assets at increased risk, but you are also not living up to your full potential as a trader. Here are some of the benefits that you will be able to enjoy when you choose a non-custodial cryptocurrency trading platform instead of a traditional cryptocurrency exchange.

Security
The first benefit of using a non-custodial crypto trading platform as opposed to keeping your funds on a crypto exchange is the security that you will have. When you keep your funds on a traditional crypto exchange, you are trusting a third party to hold your funds for you. The exchange that you use will control all of the private keys and in the event of a breach, your funds would be lost, regardless of whether you know how to properly store cryptocurrency or not.

With a non-custodial crypto trading platform, you will be empowered to trade without trusting the storage of your crypto to a third party. This means that you can take necessary measures to protect your own assets and use preferred security techniques.

Bitcoin

Speed
If you have been trading cryptocurrency for any length of time, you already know how volatile and fast the crypto markets can be when compared to traditional markets. In a market like this, it is crucially important to be able to adapt and act as a trader with a moment’s notice. With an intuitive non-custodial trading platform that is easy to use, you’ll be able to conduct transactions quickly, easily, and without delay to empower you as a trader and speed up your operations.

Arbitrage Opportunities
With a non-custodial trading platform, you’ll be able to trade on multiple exchanges from a central location. This allows you to take advantage of arbitrage opportunities if you choose to do so. Since crypto prices are so volatile, the ability to trade on multiple exchanges from one wallet becomes a potential opportunity to make money through arbitrage.

More Trading Options
Since a non-custodial crypto trading platform can connect to multiple different exchanges, you’ll have more trading options than ever before. Whether you want to trade large-cap cryptos with high volume or small-cap cryptos that nobody else knows about, a non-custodial trading platform is the best option to allow you to trade all of your favorite assets with ease from a central location.

With support for trading 150+ cryptocurrencies and fiat to crypto purchases, CurrencyHub.io and CryptoSimba.com are non-custodial cryptocurrency trading platforms where every transaction is encrypted, secure, and verified. It’s built using state-of-the-art tech with an appealing interface that allows anyone to safely buy and trade cryptocurrency. For more information, visit https://currencyhub.io.

 

Currency Hub Joins FIO

Currency Hub Joins FIO

Currency Hub Joins the FIO Foundation

 

Currency Hub LLC Joins The Foundation For Interwallet Operability (FIO)

The cryptocurrency industry is working to make trading safe and easy.

SHERIDAN, Wyo. (PRWEB) January 22, 2019FIO
Currency Hub was designed from the ground up to make trading cryptocurrency safe and easy, supporting both novice and experienced traders. Partnering with The Foundation for Interwallet Operability as an Affiliate member helps drive that vision forward by removing the most error prone aspects of trading.

“We are excited to be joining FIO and supporting their efforts to drive wider adoption of cryptocurrencies by removing some of the perceived barriers to entry. The biggest challenge we face is helping non-technical people understand the nuances of trading digital assets.” said Brad Spannbauer Founder and CEO of Currency Hub. “The FIO protocol will help traders navigate the sometimes-confusing process of using the various exchanges, wallets and associated addresses needed to transact with cryptocurrency. Working with the foundation and its partners we will help make the use of cryptocurrency as simple as using email.”

FIO’s new, decentralized, open-source blockchain protocol, which is being built by Dapix, will provide an enhanced layer of usability features for existing and future wallets and exchanges. It’s a decentralized PayPal-like platform that removes the risk, complexity, and inconvenience of sending and receiving tokens and coins. It will offer a standardized set of open source APIs and SDKs that can be globally adopted and integrated into any wallet, exchange, or crypto payment processor seamlessly.

All blockchain tokens and coins will be fully compatible with the FIO Protocol, with no blockchain code changes required. When launched, it will be a self standing, open source, fully decentralized ledger that never sits in the middle of the underlying transaction of any blockchain. Rather, the FIO Protocol operates in parallel to existing blockchain mechanisms, and provides an enhanced set of usability features.

David Gold, the founder and CEO of Dapix “We are excited to have Currency Hub join the Foundation for Interwallet Operability (FIO) as an Affiliate Member. The FIO Protocol will enable exchanges like Currency Hub to streamline the process for trading on their platform: enabling fewer steps, better overall user experience and with virtually error free transactions”

About Currency Hub 
With support for over 130 cryptocurrencies and growing, CurrencyHub.io a user friendly, non-custodial cryptocurrency trading platform. For more information, please visit https://currencyhub.io or email info@currencyhub.io

About The Foundation for Interwallet Operability 
The FIO Protocol technology is being developed by Dapix, Inc., a venture-backed company that was founded specifically to solve blockchain usability challenges. For more information, please visit https://fio.foundation