Author: Crypto News Australia

With Bitcoin on the verge of reaching all-time highs and other cryptocurrencies the following suit, the world of digital finance is growing faster than ever. Along with it is an increase in the opportunitiespeople have to become investorsin the current financial revolution that is sweeping the world.

In the past few years, several different digital trading and investment platforms have emerged; some have proven to be extremely profitable and popular while others have proven to be scams. The nature of digital finance is still very “wild west” in that it is not very well regulated or easy to determine trustworthiness.

Why Tradelax is Different

One of the newer competitors to throw its hat into the digital trading ring, Tradelax is a next-generation trading platform that offers improvements on pre-existing digital trading platforms by learning from their past mistakes. Tradelax is efficient, user-friendly, and offers a wide variety of financial instruments for trading and investing, including cryptocurrencies, stocks, ETFs, commodities, and even fiat currencies. This makes it a one-stop-shop for those looking to invest in future technologies and who don’t want to manage accounts on multiple websites.

Another area thatTradelax offers improvements over its competitors is customer service. Tradelax recognizes that the idea of digital assets and web-based trading platforms is still relatively new to many people and go out of their way to make sure new users understand how to use their system. Customer service reps are there to not only answer questions but also give basic trading tips to their users, ready to assist them 24/7 in any way they might need help.

How Tradelax is Beating the Competition

In addition to having great customer service and an easy-to-use interface, Tradelax offers a few important features that can’t be found elsewhere. One such feature is its custom-built Stock Screener which can be used to quickly filter stocks based on a wide assortment of variables. Stocks can also be sorted by market cap size, rate of growth, earnings, and several other metrics, making it easier for the investor to find the stock best suited for their investment goals. Traders can also easily keep up-to-date on the companies they follow thanks to the platform’s streamlined data feeds.

For those who like currency trading (forex), Tradelax had a specially-built Forex Heat Map Tool which visualizes global forex trading activity in real time. Sudden increases of trades specific to certain countries could provide clues about possible forex trade entry points which can now easily be recognized by independent traders for the first time. For those who like to trade cryptocurrencies, Tradelax offers an assortment of coins that can be traded in both long and short positions.

Tradelax’s interface is not just well-designed but conducive to making good trades. The company actively presents as many tools and as much information as possible to the trader in order to steer them into making a healthy trade. At the same time, the platform does not feel overwhelming or overburdened with options.

Account Types for All Levels of Traders

Tradelax offers four different types of accounts, with each account level offering more perks than the last: Starter, Advanced, Expert, and VIP.

For those new to the world of online trading, the Starter account is a great way to introduce oneself to the process in order to get the best learning experience possible. It includes a floating spread between buy/sell prices, an enticing bonus structure, and access to a personal account manager ready to help traders get started on their journey as a trader.

For those who have been around for a while and are prepared to make bigger-sized trades, Tradelax’s VIP account level offers negotiable spreads, one-on-one trading with other VIPs, and access to an executive account manager.

Security and Safety Matters

The massive growth and development in the digital finance space has been followed by a new breed of scammers which are keen to find ways to hack customer accounts and exchanges, and security practices of websites are constantly evolving to account for them. Tradelax uses a multitude of security protocols to assure that customer funds are safe, with all data being sent to the website protected by 128-bit SSL encryption.

As a global broker, Tradelax operates according to several international standards and accepts clients from just about everywhere around the world (with a notable exception being those in the US).

Tradelax’s Key Takeaways

With a revolution in finance right around the corner, it is an exciting time to enter the world of online trading and digital assets. It is also more important than ever to make the correct choice in trading platforms. Tradelax combines a user-friendly trading experience with a large selection of tradable assets and advanced trading features into an all-in-one platform. By creating a revolutionary new utility for those who want to make the most out of their capital, Tradelax is set to become a leading choice among digital asset traders worldwide.

Ever wonder if players really do get lucky from crypto casinos? Maybe not all, but we found one CryptoSlots casino player whose winnings have added up to a substantial $275k in wins in just two years of playing ($276,200 to be exact). David C is from California, and wisely started investing in Bitcoin in 2016 – in 2018 he decided to play at Bitcoin casinos with some of his savings, and the rest is history. Read our interview with him below.

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Do you have a strategy?
I only put in what I got out of crypto investing, I don’t play for hours on end – you have to be smart. I won a few thousand on the Jackpot game early on, got a huge win on Olympus High Limit version at one point. With bigger wins I like that I always set the money aside. Quit when you’re ahead. 

But a lot of it as learning how the games work. I count the medium wins rather than hold out for bigger ones. And, at CryptoSlots, save up Jackpot Tokens and then play Jackpot Trigger for longer all in one go.

Have you always played online? 
I’ve played slots online a lot before – only been to two actual casinos in my life to be honest with you. You have more control over what you’re doing when you’re online.

What do you like about playing with Bitcoin?
When playing at btc casinos, I don’t have to get my bank involved or wait for payments to come through – I know exactly where my money is at all times.

Last but not least, what do you spend your winnings on?
Well some of it goes back into playing, some I keep in crypto, some I spend. Last year we did a trip around Asia. We went jungle trekking in Malaysia, I got my diving certificate in Indonesia, stayed a few days in Singapore. It was out of this world, such a vacation. We were planning on heading to Norway this winter to see the Northern Lights but, unfortunately, that will have to wait thanks to this coronavirus.

When asked about his favorites among Cryptoslots’ Provably Fair casino games, David said he largely alternates between the slots to diversify his crypto bets. So we took a look at his top ten games over the last six months and analyzed his payback ratio on each: 

Interestingly, the High Limit games seem at a glance to be most volatile – offering the lowest payback ratio (Vegas Vibes High Limit at 72.5%) and the highest (Blazing Wilds High Limit at 179.1%). His standard video slot play produced more reliable wins but less chance of huge paybacks (e.g. Coin Rush at 105.8% and Vegas Twin at 99%).

Of course, it all depends on how much is bet and for how long the game is played. David bet the least on both Jacks or Better and Pyramid Plunder High Limit – maybe his inclinations warned him that luck was lurking elsewhere, maybe he quit too soon and longer gameplay would have increased his payback ratio! A significant win can make the world of difference. 

We always ask our players if they believe in luck, and just like David, most of them tell us it depends on the day. For now, it seems his strategies are literally paying off.

If you’re fan of bitcoin casino games, check out Cryptoslots and take advantage of the 100% match using bonus code TRAFFICNOV now.