Cryptocurrency assets are growing in popularity as investment vehicles. While ground-breaking developments are taking place on the regulatory side, the industry is experiencing soaring volume in trading and investments.

A brief guide to decentralized finance (DeFi), its prominent use cases in the financial sector, and why it’s trending.

While the cryptocurrency industry has evolved substantially since the invention of Bitcoin in 2008, it is still susceptible to hacks and thefts. While the underlying structure of blockchain-enabled virtual currencies is mostly secure, hackers have found sophisticated techniques to scam users of cryptocurrencies.

The first blockchain application, Bitcoin gave new meaning to the concept of digital currencies. Similarly, the evolution of blockchain promises to redefine another industry: asset tokenization.

The cryptocurrency industry, which first came to recognition through Bitcoin, now caters to multiple paradigms. Although blockchain and Bitcoin’s original use case revolved around the financial ecosystem, cryptocurrency and blockchain applications are now explored in various sectors. From banking and business to energy and education, the applications and use cases of blockchain technology are being developed in various industries.

The opportunities available in the traditional financial sector are now starting to gain traction in the cryptocurrency market as well. Alongside futures and leveraged trading, arbitrage trading is drawing attention because of the opportunities that it represents. Crypto arbitrage trading specifically is gaining popularity as traders are able to leverage this tool to open new opportunities to profits and returns in the crypto market.

Are you still figuring out if cryptocurrencies hold a place in your investment portfolio? Or are you a confused trader, wondering if cryptocurrency trading holds any advantages? At Cryptohopper, we understand your uncertainty regarding cryptocurrency trading and investments – it can be a lot to take in.

Amsterdam, 23-07-2020

Cryptohopper launches its Cryptohopper+ program. This is a program where users can earn XP (Experience Points). The more Experience Points (XP) you gain, the more opportunities you have to change your status and access even more benefits.

Although cryptocurrency trading and investments have made their way around the block once or twice, crypto’s decade-long industry is still relatively new compared to mature trading markets like the Foreign Exchange Market, also known as “forex”.

The applications of Artificial Intelligence (A.I.) enabled bots is spreading throughout various industries. In the past few years, a number of companies have started using chatbots to drive efficiency into their customer service operations. Now, these bots have procured their place in an industry near and dear to our hearts: cryptocurrencies.

It all started with bitcoin, a decade back, and since then cryptocurrencies have come a long way. On one side blockchain startups are developing applications for almost every industry from supply chain to healthcare. On the other side, cryptocurrency trading and investments are becoming increasingly popular as investment vehicles with the onset of institutional investors.

We are excited to announce a new partnership with Bitpanda Pro. The new collaboration will allow Bitpanda Pro users to trade automatically on Cryptohopper, 24/7.