If you are interested in exchanging cryptocurrencies for fiat assets, you have probably already studied the terms of transactions on various exchanges and online exchange sites. Conducting such monitoring on your own will take time and basic knowledge about the principles of currency exchange and models for conducting crypto operations. We have developed a single tool for monitoring and conducting currency exchange operations named monetory.io. It is designed to make the task easier for both professional traders and novice players of the P2P market. Let's get more info about how to track cryptocurrencies with that service, and what opportunities Monetory opens up to its users.
Working Principles of monetory.io in P2P Crypto Sales
Let's start with the second part of the question: what is P2P? Behind this term lies the principle of direct sales to equal participants in an exchange or service. Such a simplified scheme allows conducting exchange operations in a quick mode and finding a counter party that is able to agree on the cost of buying a currency. In the conditions of the P2P market, you do not need to place orders, pay hidden commissions, and all actions are performed on the basis of an agreement between the parties. At the same time, P2P transactions are risky because the percentage of scams in this industry is high.
The monetory.io service is designed to help traders find the best rates,make transactions with minimal risks, and collect data on price fluctuations for this or that coin.
Whom is the Monetory service intended for:
- This resource is already actively used by professional traders,
- Thanks to monetory.io, crypto investing beginners and novice traders can get detailed stats and start trading successfully.
What is the Pointof Monetory: Revealing ItsMain Merits
If you are going to exchange your capital in the form of fiat money for the same bitcoin, first of all, you are looking for where it is more profitable to buy it. With Monetory, the search comes down to monitoring real prices on reliable sites and exchanges on one resource. We have compiled our short list of reliable offers for crypto transactions, and provide up-to-date data with quotes updated every 5-10 seconds.
Adding to the main functionality that allows you to collect up-to-date information on the cost of cryptocurrencies today on large exchanges and exchangers, the advantages of the service are not limited to this. There are at least 5 more reasons why monetory.io is a handy tool for daily use when you want a site where to track cryptocurrencies.
- The functionality of the site allows you to search both by coin prices and by currency. You can immediately go to the platform that suits you.
- Additional features of the site allow users to fine-tune the providers' offerings. This goes all the way to choosing a payment method and filtering platforms to find only those whose conditions suit you.
- Security is a must. Monetory presents providers with a high trust rating in the service. Besides, you can customize the search results to filter out dubious offers.
- Informativeness. The Monetory resource is not just an aggregator, it is an auxiliary tool for traders and investors, which gives the key to the main resource - information. Useful blog articles, constantly updated price data, analytical tools in a private user account allow you to increase the efficiency of your activities in the field of exchanging and trading cryptocurrencies.
- Being one step ahead of other analytical projects is monetory.io's credo. From a technical point of view, the site overtakes all other aggregators, as it collects offers not only from the largest exchanges, but also from P2P marketplaces, and private exchangers. Along with the collection, we evaluate each of the offers in terms of reliability and profitability, trading volume to define top gainers, and in the future, we plan to introduce an assessment of the transparency of cryptocurrencies and automatic calculation of commission costs for the withdrawal of currency for each site or wallet type.
What Differs the Functionality of Monetory
The functionality of the P2P cryptocurrency sales offers aggregator is designed with maximum user comfort in mind. In Monetory, you do not have to deal with the search system and filtering offers from providers for a long time as all this is placed in a user-friendly form on the main page of the site. Just choose which fiat currency you want to exchange for crypto (the system contains all the main national, transnational, crypto-currencies, divided into convenient subcategories), start the search, and then customize the filters for your tasks. After you have chosen where to exchange cryptocurrency, just click on the selected offer, and Monetory will redirect you to the page of the exchange, private exchanger's site,or marketplace.
Adding to the main function, users of the service have access to the functionality of their personal account, where they can work with the analysis of data received on the aggregator. Make charts, keep track of real fluctuations in rates and money caps, collect the history of your transactions. All these are available to every registered user.
The registration procedure takes a few seconds. It is enough to enter the invented login, password, leave your contact e-mail to confirm registration to start using the functionality of the service to the fullest.
As for the technical side of the issue, monetory.io collects data automatically, updating information about prices and offers of popular providers every 5-10 seconds. Unlike other monitoring sites, Monetory has the technical ability to collect data from private exchange resources and marketplaces. Be sides collecting the offers themselves, we additionally give our clients the opportunity to instantly evaluate each coin's market caps.
Monetory as a Way to Get Profit
On the monetory.io website, you can exchange fiat currency for Altcoin and other types of crypto. Yet that's not all!It can be used as a tool for making money on cryptocurrency arbitrage. Our clients among traders have already appreciated the speed and simplicity of working with the aggregator. For novice investors, this is a chance to make money: for example, you can use Monetory to find the best exchange rate for USD for BTC. You also see the rates of other exchanges. If you have free capital, you make a deal to buy Bitcoin at a good price, and then offer it to the provider that offers a good Bitcoin purchase price. The difference in rates is your earnings. You can use capitalization to grow assets or withdraw margin as income.
The objective of Monetory is not only to simplify the process of finding and buying cryptocurrencies but also to give novice market players a tool for a successful start. Due to the high degree of reliability, technical capabilities, and ease of use, Monetory is a potential universal tool for daily monitoring and operations with cryptocurrencies for everyone.