Non-Custodial Trading Platform Vs. Exchange

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.

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.

Trezor Crypto Wallet

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.

About Currency Hub LLC
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.