XcelToken Plus The Future of Cryptocurrencies

With a size of USD 8.27 trillion global economy, the travel industry is one that see a steady upward growth adding to an already existing revenue of about USD 1.34 trillion. Like any other industry, this too has its own shortcomings, with fluctuating currency values, the everchanging policies of various countries, travel for pleasure and for business can be affected. One point of concern for every traveller is exchange of currencies and the hassle that comes along with it. It is true that one can use digital wallets and credit cards, but these payments may incur the traveller an additional cost that can be avoided with the use of cryptocurrencies.

Cryptocurrencies are becoming a favourable medium of exchange, during travels as they do not adhere to global norms that traditional currencies are subjected to, making transactions cheaper and expensive destinations far more reachable to a larger audience. The future of cryptocurrencies is essentially in the regularization of the use of digital wallets that support these transactions that make travel, simple and secure as cryptocurrencies make transactions between two or more parties, trustworthy.

Multiple countries, such as South Korea, Australia, Finland and so on, have currently taken a fancy into assimilating day to day cryptocurrency usage and are actively working towards the regulation of cryptocurrency, that affect the market, but also enable the blockchain boom, making it the best time to invest in cryptocurrencies and for cryptocurrency users to travel to Crypto-friendly destinations.

You can now use XcelToken Plus, a utility token with multiple use-cases, to book your travels on XcelTrip and make sure that the future of cryptocurrencies is bright.

Cryptocurrency Trading for Beginners

Before you select a broker and try out various exchange/ trading platforms, there are a few forthright things to get your cranium around first. Understanding and tolerant of these three things will give you the best chance of succeeding when you step into the cryptocurrency trading field.

Find out what’s growing – Bitcoin, Ethereum and Litecoin top the list for tradability and ease of use. However, there are also Zcash, Das, Ripple, Monero and several more to keep an eye on. Do your homework and find out what’s on the up and focus your attention there.

Embrace volatility – Cryptocurrencies are superbly volatile. The price of Bitcoin, for example, went from $3,000 down to $2,000 and then leapt up to nearly $5,000, all in three months in 2017. While this means risk is high, it also means the potential for profit is great too. It’s always sensible to check the volatility of the exchange you decide to go with.

Understand blockchain – You don’t need to understand the technical complexities, but a basic understanding will help you respond to news and announcements that may help you predict future price movements. It is principally an incessantly growing list of secure records (blocks). Cryptography safeguards the interactions and then stores them publicly. They aid as a public ledger, cutting out mediators such as banks.

These are all the points that you need to know if you are just beginning cryptocurrency trading with your XcelToken Plus.

XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is fashioned to build, involve and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is delighted to announce that XcelToken Plus will now be available for trading on 14 perfect cryptocurrency trading platforms

Fiat to Crypto Trading

If you have some money that you want to invest. The portals which connect our world to the crypto-worlds are called “exchanges.” There are a lot of exchanges out there, however, before you choose to capitalize in one, there are few things you need to look out for. Follow this crypto trading platform:

Validity: Beforehand you even do everything, first make sure that the exchange is available in your area. Eg. CoinGeo, one of the exchanges, is not available in India and Indonesia. So beforehand you do anything please check this.

Reputation: Next thing that you need to check is the reputation of the exchange. Are people happy with their services? Has it been hacked recently? How secure is it? Have people complained about it? Twitter and Reddit are good sources for checking this.

Exchange Rates: Up next we have the exchange prices. Different exchanges have their own exchange prices, that may vary. Do your research on 3 or 4 exchanges and their prices.

Safety: Always select exchanges which need some sort of ID proof from you. Even though they may take time, they are effortlessly 100 times more safe and secure than anonymous exchanges. At the end of the day, it is your hard-earned money. You must take that extra step to keep it secure.

XcelToken Plus Trading Strategy Parameters to Keep in Mind

The Ticker name of XcelToken Plus is XLAB

A simple trading strategy contains the following’s parameters:

Risk: how much loss are you going to grip on the trade.
Price: the price at which the trade is going to be implemented.
Quantity: the sum of wealth which will be put in the trade.
Entry trade: based on the stratagem it will perform a buy or sell action at an already defined price.
Exit trade: based on the trade outcome, the strategy decides if it wants to exit that position.

To start building your own strategy it is vital to choose the marketplace you want to trade in. Then, you don’t have to start from zero, you can use a public one based on diverse groupings as trend-following. There are adequate strategies out there. It’s very imperative to enhance the strategy to be reliably profitable on new, unseen data.

XcelToken is adopted into usage on XcelTrip– an online travel reservation platform where you can check-in at over 800,000 hotels and book tickets with over 400 airlines, XcelPay– a merchant POS and digital payment wallet through which you can now recharge your phones with 900 different carrier services and in 160 countries, with cryptocurrency.

Log into one of the 14 Exchanges and start implementing these parameters in your trading strategy with XcelToken Plus (XLAB) now.

XcelTokens now on P2PB2B!

XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on P2PB2B from the 15^th of May, 2019. To know more about P2PB2B, keep reading on.

P2PB2B

P2PB2B is an advanced cryptocurrency exchange platform that works for the benefit of its users. They make sure that your trading convenient and safe. P2PB2B works on high performance where they support and process trading of 10,000 traders every second. They provide 24/7 support in English, Mandarin, Japanese, Russian, Spanish, German and Indonesian. Aside from these they also support multiple currencies and provide strong safety with a strong firewall that detects and blocks attackers.

XcelToken is adopted into usage on XcelTrip– an online travel booking platform where you can check-in at over 800,000 hotels and book tickets with over 400 airlines, XcelPay– a merchant POS and digital payment wallet through which you can now recharge your phones with 900 different carrier services and in 160 countries, with cryptocurrency. The token will also be adopted into multiple use-cases soon.

Get excited and sign up to the above exchange to start trading the new and improved XcelToken from the 15^th of May, 2019. More information to follow….

Thank you for your patience and Understanding.