Online Torque trading provider reviews? Figure out if you want to go for longterm trades or short term trades. Are you going for short term trades with every penny you have to invest, or are you going to go for the long term with some and trading short term with some? Long-term investors will pay a lower tax rate if they can hold for over 12 months, but as a trade-off, they WILL have to sit through corrections (likely seeing their balance go down 50% plus on paper as often as they see it go up). Short-term investors can avoid corrections if they are nimble, but they’ll owe taxes on the profits from each trade they do along the way (see: how taxes work with cryptocurrency to understand how the long term and short term capital gains tax work with cryptocurrency).

Exchanges accept a variety of payment options based on what they are willing to use. This is sort of a sore point for many exchanges, since some payment methods have been used to scam sellers for a quick buck in the past. Coinbase allows both bank account and credit or debit card transfers for payments and one payment solution must be linked to your account before you can make the trade. Paypal is not supported by Coinbase and with good reason.

To be brutally frank, after seeing so many positive reviews and videos on Torque, I was very doubtful, and it seemed to be on fire. Everybody is actually speaking about the arbitration of Cryptocurrency’s daily revenue. So, a few keywords for red alert rolled out. I did some online research maybe I could get a background check on the company’s legitimacy. And it was not that hard to find out why some companies in Singapore are using this Torque trading system. To my surprise this is one of the most transparent investment arbitrage business that I have ever seen in my years of online investing. Explore extra details on Torque trading platform.

But what makes Torque trading system so special are these few things: Their team is constantly upgrading different arbitrage strategies. They have evolved their strategies to a more efficient way called “three-way arbitrage”..

What could be the expected profit from Torque Trading Systems if I invest $200? The minimum investment is 1 ETH (which is around 200USD now). They are claiming to perform 0.15% to 0.45% daily profits. But I have been with them for a few months now and the average is around 0.3~% daily. Only once did it hit 0.41% and the community are really happy about it. Let me do the maths for you: If I invested 1 ETH, my daily profit will be around 0.22%, which means 1 month there will be 0.3% x 30 days = ~ 9% returns a month. A conventional safe investment is 4%, to beat inflation. We are doing 9% a month. Do the maths and you will understand why it is getting so much traction.

Torque Trading Systems has been created with the sole purpose of providing everyone an alternative to self-managed cryptocurrency portfolios. Torque is currently operating in 5 countries across Asia, driven by a team of traders with each of them having more than 10 years of trading experience in traditional markets and instruments, have discovered huge opportunities in the world of cryptocurrencies. Torque is now 60 men strong with the largest team of coders based in Vietnam. Explore even more info on https://torque.asia/.