Crystal Ball Markets’ New Mobius Trader 7 Platform Makes It Easier for Traders to Trade CFDS of Multiple Asset Classes Through a Single Platform

 People actively look for assets classes to invest in for several reasons. For starters, financial instruments like stocks, forex, cryptocurrency, and indices are renowned for generating excellent returns on investment. In some cases, financial instruments are also an excellent way to bet against economic downturns, as is the case with gold and silver. Many people buy gold because it has an inverse relationship with the US dollar and economic cycles. Typically, gold prices rise when economic output declines. This inverse relationship makes gold an ideal investment for those looking to hedge their bets. In addition, those with disposable income don’t want to see inflation eroding their money’s value. As a result, they invest in profitable financial instruments to counteract inflationary effects and circumvent them.

Traders and investors have been buying and selling financial instruments for decades. However, the rise of CFD trading is proving to be a game-changer. CFD trading allows traders and investors to speculate and bet on an asset’s price movements without owning it. In addition, it also opens doors for newer investors and traders who want to speculate on an asset’s price changes but have limited capital. That’s because CFD trading allows for leverage. It’s not uncommon for brokers to offer 1:100 leverage for CFD trading, enabling traders to make larger trades than their capital normally allows.

Generally, most traders and investors have to find different brokers for different financial instruments. For example, a broker might allow traders to buy and sell stocks and indices. However, if traders want to trade foreign currencies, they’ll need to find another trading platform that supports that. That’s where Crystal Ball Markets comes into the picture, differentiating itself from other trading platforms.

Crystal Ball Markets Mobius Trader 7 is a state-of-the-art, cutting-edge platform that lets traders trade multiple assets through a single platform. Traders can use it to trade currencies, agricultural commodities, metals, energy commodities, stocks, indices, cryptocurrencies, and options. The platform also boasts advanced tools and features that appeal to investors. Some salient features of Crystal Ball Markets trading platform include technical analysis tools for comprehensive price analysis, support for algorithmic trading applications, and social trading.

A company spokesperson shared, “Crystal Ball Markets aims to make trading easier than ever. CFD trading is growing exponentially, and for a good reason. It opens the doors for traders who want to speculate on an asset’s price without owning it. Crystal Ball Markets trading platform offers traders and investors a plethora of financial instruments for trading. You can trade CFDs of energy commodities, agricultural commodities, cryptocurrencies, forex, and anything else you can name. More importantly, the good news is you don’t need to use different platforms to do so. You can save on broker and trading fees by using our platform to trade CFDs for all your preferred financial instruments.”

Crystal Ball Markets also offers numerous resources to newcomers looking to learn more about trading the financial markets. From learning how to make their first trade, traders are given unlimited access to a demo account, in which they can practice their trading strategies till they are ready to go live.

About Crystal Ball Markets

Crystal Ball Markets provides an online platform for traders to trade Currencies, Metals, Energy, Stocks/ Shares, Indices, Cryptocurrencies, and Options. Traders do not have to worry about freeze levels, routing rules or other manipulation tactics deployed by unethical brokers. Instead, they provide traders with the best trading conditions to succeed.

Contact Crystal Ball Markets

Website: www.crystalballmarkets.com

Email: support@crystalballmarkets.com

Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines

Phone: +44 1244 94 1257

Crystal Ball Markets

Sasaenia Omilabu

+44 1244 94 1257

https://crystalballmarkets.com/

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Categories

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Crystal Technologies embarks on Inter-chain DeFi quest

Crystal Technologies has recently released an updated version for their key product, namely the Crystal Wallet. It is a multi-chain wallet that supports various prominent blockchains, and enables its users to manage more than 100 thousands crypto assets at ease. The list of supported blockchains and token standards grows over time. This release once again reaffirms the startup’s commitment on their Inter-chain DeFi quest. 

Besides the multi-chain wallet, the project revealed in its roadmap an interesting DeFi product lineup for their Crystal Ecosystem. They plan to launch a set of Decentralised Exchanges on Binance Smart Chain, Ethereum, Tron and Solana within the next 9 months, and eventually connect them all into a single inter-chain decentralised liquidity hub. The team stated that via this product lineup, they aimed to bolster the interconnectivity among the various blockchain platforms, as well as DApps and liquidity protocols inhabiting those blockchains.

Crystal Technologies is raising funds via the offering of their CrystalToken (CRT) to materialise their roadmap. CRT serves as the main utility token in Crystal Wallet and other DeFi products in the Crystal Ecosystem. Besides, CRT also gives its holders governance authority on the development of Crystal Products. 

The token offering is scheduled to start on August 6th. According to the token distribution plan, 45% of the total supply is offered to the public via their token sale, while another 15% is reserved for airdrop and bounty campaigns. Their token sale has been mentioned in various popular IEO review sites such as ICOHolder, Coincodex or ICOHotLink

The project is boosting its presence on social media platforms via a series of bounties on Twitter. Each participant is entitled to receive 200 CRT upon completing a few simple steps such as downloading and giving a review for the Crystal Wallet application on Google Play or Apple App Store. Besides, they are also actively promoting their Ambassador Program whose primary purpose is to enlist notable Crypto Youtubers to join forces with them in their marketing frontier. The team reported that more than 3,000 participants have whitelisted for their upcoming token sales in the last 3 days, and through a multi-faceted social marketing campaign, they are targeting 20,000 by the start of their token sale. 

 

CRYSTAL TECHNOLOGIES TO BOLSTER CONNECTIONS IN DECENTRALISED FINANCE

Tallinn, Estonia 28 June 2021, ZEXPRWIRE, Crystal Technologies, a FinTech startup in Estonia, sets their aim on provisioning better inter-connectivity and compatibility in the realm of decentralised finance. They started out with a wallet application, aptly named CrystalWallet, and are now building up their own sets of decentralised exchanges. The ultimate goal is to erect a cross-chain decentralised exchange, which is a quite ambitious endeavour. 

Let us take a brief look at the past. Crystal Technologies launched their wallet application back in 2020 on both Google Play and Apple AppStore. As the wallet supports various prominent blockchain platforms, such as Ethereum, Binance Smart Chain, and Tron, users can manage more than 100K assets using the single application. More interestingly, it also enables them to exchange or swap their assets instantly in a secure, trustless and non-custodial manner. This is achieved by its direct and seamless connection to a set of popular decentralised exchanges (e.g., Uniswap, PancakeSwap or JustSwap). To further sweeten the user experience, the wallet is armed with industry-standard security and privacy protections, as well as intuitive and elegantly designed UI. 

Going forwards, Crystal Technologies is building a set of decentralised exchanges operating on major blockchains. A typical decentralised exchange leverages smart contracts to enable an atomic swap of any two assets inhabiting the same blockchain and observe the same token standard. The use of smart contracts reduces the risk of theft in comparison with custodial solutions, mitigates price manipulation and prevents volume fabrication via wash trading. Nonetheless, existing decentralised exchanges observe their own weaknesses, chief among them are potentially large price slippage and risk of front running. The former is essentially the gap between the expected price and the actual price at which the trade happens. The larger the slippage, the less favourable the trade is. The latter refers to a situation wherein a miner (i.e., a validator on a public blockchain) observes some profitable transaction, and preemptively takes such a profit for himself by inserting his own transaction before that profitable transaction. Crystal Technologies attempt to solve these issues with their decentralised exchanges.

While the above-mentioned endeavours are already challenging, their end-game is even more ambitious. They set out to build a cross-chain decentralised exchange, which enables an atomic swap of two different assets inhabiting two separate blockchain platforms. The cross-chain decentralised exchange takes advantage of standard inter-blockchain communication protocols and oracles to ensure its smooth operations across different blockchain platforms. Such a tool, once rendered fully functional, shall have a far-reaching impact, for it bolsters the inter-connectivity between not only different blockchain platforms, but also assets stored on them. The team reveals that they are in active research and development of this initiative, and have already completed a prototype. 

They are conducting a token offering of their CrystalToken, which is a main utility and governance token of the platform, to raise funds for the completion of the market-ready cross-chain decentralised exchange. The sale is tentatively set to start from early August. Further details on the token offering will be made available on their website. The team expects to launch its cross-chain decentralised exchange by Q3 of 2022, which is more or less a year from now.