Cryptocurrency Adoption

AAG Markets | Cryptocurrency Adoption by Businesses

Over the past decade, the payment landscape has undergone quite remarkable changes. Consumer demand for richer experiences and greater convenience has led to an increase in online shopping and the rising expectations that the payment systems should be efficient and secure. According to Henry Powell – CEO of AAG Markets, innovative means of payment are springing up to provide a more efficient and seamless payment experience. This led to the creation of the decentralized payment system and the rise of the booming digital currencies popularly known as cryptocurrencies. A peer to a peer payment method that doesn’t require a third party. How is cryptocurrency changing the game in the business sector? Could this be the chief way consumers will be paying for goods and services in this digitalized world?

Let us examine with AAG Markets, a global CFD trading platform that understands the value of cryptocurrencies as a payment method. Let’s dig in!

Understanding Cryptocurrency

Unlike the traditional money, cryptocurrency is a digital currency that serves as a medium of exchange between peers without the need for a third party like a bank or any financial institutions. It connects consumers digitally to ensure a transparent transaction that is secured by cryptography and confirmed by blockchain through a mining process. Hence, it provides secure and transparent transactions while making counterfeit, double-spend or fraud nearly impossible. It’s no surprise businesses and consumers are turning to cryptocurrency as a fast, secure, efficient and lower-cost payment system.

The Rise of Cryptocurrency

With 36 percent of the small and mid-sized businesses accepting cryptocurrency, while 59 percent of those companies purchased digital currency for their personal use according to the HSB survey. Not to talk of many large companies accepting bitcoin as a payment system and legitimate source of fund, cryptocurrency is sure taken over the market place. Moreover the use of cryptocurrency-

1. In the Travel Sector

Many companies have integrated this technology into their businesses especially one of the largest industries in the world- the travel and tourism industry says Henry Powell – CEO of AAG Markets. From booking a flight to paying for hotel rooms to making a parking reservation, businesses are looking to make payment easier and seamless for their consumers. For instance, providers such as, Shuttlefare, Expedia, and Greitai, have embraced this payment method allowing customers to pay for a flight ticket or hotel room from their crypto wallets.

2. In E-commerce

Although the eCommerce has experienced growth and it is one of the booming industry, it cannot be denied that the industry has faced challenges with the fragile infrastructure associated with traditional financial systems where customers use their credit/debit cards to make purchases online.  Some companies such as Amazon, Newegg, KFC Canada, overstocks are few of the big players accepting cryptocurrencies. Apps, such as Circle, Square, and even Revolut, have integrated cryptocurrency buying and selling, to attract new customers to their sites. The low-cost transaction fee, faster transactions, and boost of brand image are all part of the reasons why e-commerce is turning to cryptocurrencies. There is more however to be explored in this space.

3. In the Financial Sector

Financial services are also not left out. Some forward-thinking banks are using the cryptocurrency model to ascertain how they may provide security services in a more efficient and cost-effective manner. For instance, more than 121 banks have signed up with Ripple, to promote cross-border transfers with the blockchain while reducing cost.  Global financial firms such as AAG Markets are also offering unique, transparent and efficient solutions to consumers when it comes to asset trading using cryptocurrencies.

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AAG Markets - CFD Trading

Why to Choose AAG Markets for CFD Trading?

The higher leverage coupled with minimum cost makes CFD one of the most preferred options of traders. Whether it is swing trading or day trading, the contract of difference, or CFD, in short, allows investors and traders to trade underlying assets without having to own it. It is based on a contract between the broker and the trader with an opportunity to speculate on the price movement of the financial market or asset. AAG Markets is one of the leading brokers offering varieties of trading opportunities for investors to benefit from. With the awesome benefits, CFD offers, you have made the right trading decisions when you work with the right broker.

Let’s dive into how CFD market works, the benefits and why you should work with AAG Markets?

How does CFD Work?

CFD trading works on margin. Whether it is currency, treasury, crypto or any other assets, if you predict that the price will go up, you can buy. In the contrary, if you predict the falling of the price, you can sell. As earlier stated, traders don’t buy or sell the assets but rather buy or sell some number of units depending on price speculations. However, with the margin benefits comes greater risk. Therefore, It is important to understand the instrument you are trading and keep abreast of market trends. Go through AAG trading academy to watch tutorials, read articles and learn techniques and tools to trade like an expert.

Why should you trade with AAG Markets?

1. Trade with a trusted CFD provider

The AAG Markets has gained the confidence of its clients and partners over the years. It is no surprise that the company has gained international recognition as a trusted CFD provider in no time.

2. Trade on a powerful, secure platform

AAG Markets provides intuitive trading. There are historical chart and market data that gives you the insight required in making honest investment decisions. Moreover, optimum security, functionality, and control are guaranteed with AAG cutting-edge technology.

3. High liquidity.

Here is a broker that guarantees high liquidity on assets short/sell or long/buy. They link traders up with high liquidity providers in the market space. Hence, you can take advantage of price movement in a relatively short space of time.

4. High Leverage

With AAG Markets, you get access to full opening with less capital. Remember that as much as this comes with a higher returns, the risks are also high.

5. Access to the global market on a single platform

The AAG Markets takes pride in its wide client base in more than 75 countries. This gives you access to the world’s popular global stocks

6. No price manipulation

Award winning AAG Markets does not charge commission or margin fees. The services are being compensated based on when the traders pay the spread. Hence a transparent transaction with no price manipulations.

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