A quick guide to
Cryptocurrencies
The digital asset of the future that will replace traditional money
What is cryptocurrency?
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Trading Crypto with SimpleFX
Cryptocurrency Wallets
These are public and private keys used to store and spend cryptocurrency. It allows you to write in the public blockchain ledger and perform transactions. SimpleFX can communicate directly with your crypto wallet.
Distributed Ledger
Cryptocurrency uses distributed ledger in form of blockchain system. It can be either public or private. The technology is revolutionary because thanks to a peer-to-peer network that requires consensus algorithms the system is practically incorruptible.
No Transaction Fees
Crypto transaction fees are substantially lower than bank transfers. Transaction expenses for cryptocurrency depend on the supply of network capacity and the demand from the currency holder. Crypto deposits and withdrawals in SimpleFX are free of charge and are processed within a few minutes.
Direct Crypto Accounts
Trade directly in Crypto. Just deposit or withdraw directly Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and more. Don’t waste your time and money for exchange.