Hyrotrade Expands Digital Asset Offering With Solana, Cardano, Polkadot, And More
You can’t go anywhere on social media where cryptocurrency enthusiasts gather these days without seeing certain trending coins mentioned. Crypto opportunities are much more plentiful than just Bitcoin, Ethereum, and a select few others.
Also, altcoins now boast sufficient liquidity and volume for serious traders and investors, with market caps in the tens of billions and beyond. Taking note of these trends, Hyrotrade recently added seven of the most popular and trending crypto assets to its margin trading platform.
Move Over Bitcoin And Ethereum, Altcoins Outperform Crypto Market
Among all cryptocurrencies, Bitcoin has the largest market cap and is therefore often at the forefront of news coverage and online chatter. The recent Defi explosion and NFT mania have made Ethereum a real competitor with Bitcoin since its inception.
While these coins have been profitable during their uptrend, it has been a subset of altcoins whose dramatic gains have made them even more attractive to investors and traders.
The growth of Solana (SOL) alone during the first nine months of 2021 has been over 150%. Dogecoin (DOGE) saw similar results to kick-start the year. Cardano (ADA), another trending coin, especially during the lead-up to the launch of smart contracts also saw explosive growth.
Hyrotrade Responds To Market Demand By Listing Seven New Altcoins
In response to the growing market demand for these altcoins and the traders cashing out their Bitcoin and Ether for today’s most important fundamental altcoins, Hyrotrade has listed seven additional crypto assets for trading.
The altcoins Solana, Polkadot, Cardano, Dogecoin, Uniswap, Chainlink, and XRP are the latest additions to an already extensive array of more than 60 trading products. Every one of the altcoins on the list trades against the USDT, with a few accessible pairs, also trading against the BTC.
Why Listing SOL, DOT, DOGE, ADA, And More Matters
Trading synthetic contracts on SOL, DOT, LINK, ADA, DOGE, UNI, and XRP is now possible for traders who already use Hyrotrade’s professional trading tools, built-in charting software, ability to access both traditional and cryptocurrency markets from a single account, personalized service with dedicated account managers, the highest level of asset protection, advanced order types, and Social Trading / copy trading module. In order to access all of the market’s most profitable deals, traders no longer need to switch between several platforms. All of these resources and much more are contained within Hyrotrade’s one-stop shop.
In addition, Hyrotrade is where you can find the Social trading module. Strategy managers can now generate even greater ROI and overall market profits by having access to these new trading pairs and cryptocurrency assets. The Social Trading Yield Accounts system, an APY-generating tool that links Hyrotrade users with leading Defi protocols, will soon be available. These tools are just a few of the many ongoing innovations that Hyrotrade is renowned for.
Since the new assets are already online and trading as of the time of this writing, unlike Yield Accounts, there is no waiting period required to access the newest cryptocurrencies using the cutting-edge, multi-asset margin trading platform from Hyrotrade.