A new trend has been seen in 2020 in response to the turmoil within global markets has been for cryptocurrency investors to buy into traditional assets en masse over the past few months.
While there have been many unexpected events so far throughout this year, this is perhaps one of the most unexpected and as a result of a range of different factors, we are still continuing to see the transition of assets from cryptocurrencies to the traditional market this year.
We’re taking a deeper look into why this has been happening, and the events that have already unfolded in 2020 that have led to the market turmoil that has caused this.
<h2>What is it About Traditional Assets That Are Attracting Crypto Investors?</h2>
Since the coronavirus pandemic has rocked the economies of the world, we have seen the markets respond with widespread crashes and sell offs across all asset classes.
However, while we’ve seen the cryptocurrency market recover strongly, and to a level that is above even the price previous to the crash, traditional assets such as oil, stocks, and forex, are still largely oversold.
This has presented a clear opportunity for cryptocurrency investors that have been aware of the disparity between the cryptoasset market and traditional markets, and are monopolizing on the situation in order to prepare for the recovery within the traditional market.
<h2>Where is the Best Place to Buy Cryptoassets and Traditional Assets?</h2>
<a href='https://primexbt.com/platform'>PrimeXBT</a> is the world's leading multi-asset margin trading platform, and lists a wide range of cryptocurrency such as BTC, ETH, XRP, LTC, and EOS, as well as stock indices such as S&P500 and FTSE100, forex pairs such as EUR/USD and AUD/CHF, and commodities such as oil and gold.
The platform has been one of the main places that cryptocurrency investors have used in order to be able to seamlessly, cheaply, and quickly transfer funds between the cryptocurrency market and the traditional asset market.
Traders can buy and sell a wide range of different asset classes under one roof, and PrimeXBT provides the lowest fees of any major trading platform at a <a href='https://primexbt.com/fees'>flat rate of 0.05%</a> across all trades and all asset classes.
<h2>A Range of Benefits and Features at PrimeXBT</h2>
As well as having the lowest fees available, <a href='https://primexbt.com/platform'>PrimeXBT</a> has a clean, attractive user interface with powerful charting and trade-creation tools that allow for beginners and experienced traders to be able to easily design strategies and execute them.
PrimeXBT has a powerful trading engine that can execute up to 12,000 trades per second, and provides charting technologies with advanced features such as multi-monitor support and a range of advanced order types.
As well as this, PrimeXBT is secure, and provides <a href='https://primexbt.com/security'>bank-grade security measures</a> throughout the platforms such as cold storage of digital assets with multisignature technology and hardware security modules with rating of FIPS PUB 140-2 Level 3 or higher.
<h2>In Summary</h2>
2020 has seen some of the highest levels of volatility and turmoil in global markets that we have seen for years, and while the cryptocurrency market has largely recovered from the crash, the traditional markets of the world are still widely oversold and have presented a clear opportunity for cryptocurrency and investors.
In order to quickly and easily be able to transition the funds from cryptoasset investments to traditional asset investments, cryptocurrency investors and traders have used <a href='https://primexbt.com'>PrimeXBT</a> as a bridge between the cryptocurrency market and the traditional market.
Now with the traditional market looking like it is preparing for a recovery, the time left for investors to be able to take this opportunity to buy largely oversold assets is almost run out.