Panxora: Legit Cryptocurrency Trading Platform For Investors?
What Is Panxora?
Panxora is a cryptocurrency trading platform built with the state of the art technology to provide traders with fast and secure trading services. Currently, Panxora provides its users with the access to the stock market and Forex trade, a cryptocurrency exchange, and a global market dashboard.
Panxora distinguishes itself from other trading platform by providing cryptocurrency owners with the opportunity to directly access currencies, stocks and many more asset classes through the Exchange Traded Fund (ETF) trading, meaning traders will no longer have to convert cryptocurrencies to fiat to begin trading. This will enable Panxora to achieve its objective of eliminating the difference between fiat and cryptocurrencies in regards to financial opportunities.
The wide range of Panxora’s services are accessible via its web platform and the Panxora API that could execute users’ crypto trading strategies or build them apps, tools and trading models. In the future, the Panxora team will launch a mobile application that will be specifically designed for traders that deal in a large number of cryptocurrencies and markets. It will also ensure that the traders remain connected to the Panxora trade desk wherever they are.
How Panxora Cryptocurrency Trading Platform For Investors Works
Trading on Panxora begins by users registering on the platform using a unique username. The basic registration process enables the user to customize their trading desk, view charts, prices and market analysis along with setting up their watch lists.
After the registration process, the users will then be required to verify their account in order to go live and start trading. Verification on Panxora is a legal requirement, done through submitting the user’s details on the secure webpage and uploading identification documents such as a scanned photo ID and proof of address that has been valid for less than three months.
To deposit funds in to the live account, users should click on the deposit button found on the website and select the cryptocurrency they would prefer to trade in. They could also request for a unique wallet address. The deposited cryptocurrency will be used as collateral margin to fund the trading operation. The cryptocurrency margin can be used to trade a wide variety of assets such as cryptocurrency, fiat currency, equities, and ETFs.
Panxora Benefits
Cryptocurrency As Margin
Panxora enables its traders to use their cryptocurrency as collateral margin. This means that the cryptocurrency holders will retain ownership of their crypto assets and use them to back their trades at the same time.
Cryptocurrency Leverage
Additionally, Panxora will offer traders an advantage of up to 5:1 for all the trading stocks and up to 2:1 leverage for all the currency stocks.
Secure
Panxora prioritizes security and in this regard, it will store all the submitted documents in an encrypted format behind its firewall to prevent access by unauthorized third parties.
Multiple Coins
Panxora supports trading in most of the cryptocurrencies in the market such as Bitcoin, Bitcoin Cash, Ether Classic, Ethereum, Litecoin, and many more.
Experienced Team
The Panxora platform is backed by an experienced team that is knowledgeable in finance and cryptocurrency issues. The team is continuously developing strategies that ensure that the traders’ accounts are secure at all times.