Place/Date: Copenhagen - August 31st, 2020 at 8:22 pm UTC · 3 min read
Contact: Martin Lykke Nielsen, Source: CPHCrypto.com
Cryptocurrency brokers should be able to focus primarily on their trading strategy, and not be worrying about high commission charges or costly exchange subscriptions. That is the philosophy behind CPHCrypto.com, a new, low-cost crypto broker launched by the Danish Nasdaq OMX-listed company NPinvestor.com
CPHCrypto.com offers a fixed fee of only $39.00 per month for unlimited trading, and retail clients can trade totally commission-free. Traders can also use the trading platform before signing up to a fixed fee, with only a tiny 0.04% commission.
For a long time, commissions have been very high when trading crypto. This has been a huge challenge for traders as the high costs can easily eat into the gains of even the most successful trader.
Martin Lykke from CPHCrypto.com stated:
“We have a background in the trading industry. In the old days, it was expensive to trade shares, FX, etc. but competition in those markets has now driven costs very low. We are seeing the same in trading crypto coins, where it is currently expensive to trade. Competition will eventually drive costs down, and we are proud to be on the frontline,”
“From a trader perspective, this is crucial. Not only are high costs killing traders’ profit, but it is also limiting their trading possibilities. Our set-up provides the trader with a lot of new trading strategies where you can profit from even small price movements. We are new in the crypto world so it is key for us that clients know they can trust us,”
All client crypto deposits are insured on CPHCrypto.com, so in the unlikely event of the company being hacked, clients deposits would not be affected. Traders can also use the platform in the knowledge that NPinvestor.com is completely regulated by Danish FCA.
A price comparison between CPH Crypto and some of its big name competitors shows that CPH Crypto is the most inexpensive choice; even if traders decide to pay per trade instead of the even cheaper fixed fee of 39 USD/month for unlimited trading.
For a total trading Volume of $1000 or less, CPH Crypto takes a commission of $0.40 USD and a spread of $0.20, equalling a total cost of only $0.60. This stacks up very well against the competition, with big name alternatives such as Binance ($1.00), Kraken ($2.10), CoinBase Pro ($5.00), and Etoro ($3.75) all charging higher total commission rates.
For a trading Volume of $10,000 or less, CPH Crypto takes a total commission of $6.00, which is comparatively cheap when compared to Binance, Kraken, CoinBase Pro and Etoro, who charge $10, $21, $35, and $37.50 respectively.
For trading volume between $200,000 and $500,000 these savings start to shoot up, with savings as high as $680.00 between CPH Crypto and a competitor.
CPH Crypto users can now earn a 25% LIFETIME commission on fixed trading fees for every successful referral. Large marketplaces, content websites, social media influencers and bloggers can all take advantage of simple linking tools to maximize their advertizing needs and monetize their content.
Anyone can take advantage of fixed trading fees and competitive conversion rates earning with the CPH Crypto affiliate program today.
For more news and latest updates please follow CPH Crypto on Facebook.
Disclaimer: CPHCrypto.com is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.