Cryptocurrency is still very much in its infancy and requires new on-ramps and off-ramps if it is to expand to new users and investors.<\/p>\n
OVEX customers can now choose from four more cryptocurrencies when deciding which coin to invest in.<\/p>\n
The leading cryptocurrency platform has added these new coins to its request-for-quote page, and believes these options will be a hit with investors.<\/p>\n
The OVEX RfQ system is a vehicle through which you can buy and sell cryptocurrencies easily with zero fees.<\/p>\n
The tool automatically produces quotes for buy and sell orders on cryptocurrencies listed on OVEX\u2019s exchange, and you can then execute your order by accepting the produced quote.<\/p>\n
OVEX RfQ boasts the tightest spreads and this is testament to OVEX\u2019s deep liquidity.<\/p>\n
Welcome to the future of digital asset trading.<\/p>\n
The four cryptocurrencies now available on OVEX are:<\/p>\n
Ripple is one of the world\u2019s most popular cryptocurrencies and differentiates itself from Bitcoin by offering improved transaction times and reduced costs.<\/p>\n
This is largely down to its unique distributed consensus mechanism, which provides nearly immediate transaction confirmations – as opposed to Bitcoin\u2019s blockchain technology, for which confirmations take more time.<\/p>\n
Ripple is therefore particularly viable as a transactional cryptocurrency.<\/p>\n
Dogecoin is no longer a meme \u2013 it is one of the most popular and powerful cryptocurrencies in the world.<\/p>\n
It has famous supporters such as Elon Musk and Mark Cuban, and recent media coverage has seen its value rise significantly.<\/p>\n
Dogecoin is very similar to Bitcoin in how it works, as it uses distributed ledger technology.<\/p>\n
Cardano has been built built through peer-reviewed research and therefore prides itself on offering unrivalled security.<\/p>\n
One of its major selling points is that it is also an environmentally-responsible alternative to the energy-consuming giants that are Bitcoin and Ethereum \u2013 using a proof-of-stake mechanism.<\/p>\n
The proof-of-stake mechanism works similarly to how certain companies give their employees equity to provide them with an incentive to do what is in the best interest of the company.<\/p>\n
Solana is on an absolute tear – it has increased its value by over 7,000% since the beginning of 2021.<\/p>\n
It is a programable blockchain coin that is seen as a viable alternative to Ethereum, because the latter is struggling under the weight of high fees and a congested network.<\/p>\n
It is not surprising then that Solana is an extremely popular investment option given its impressive financial performance.<\/p>\n
Besides its request-for-quote feature, OVEX also offers crypto interest accounts<\/strong><\/a> \u2013 which offer up to 20% per annum \u2013 as well as an instant cryptocurrency arbitrage service.<\/p>\n