Patex Capital provides answers to Frequently Asked Questions (FAQs) as a service to stakeholders and others who are seeking information
regarding Patex Capital’s organization, standards, investment process, and other activities.
These are provided for informational purposes only. For questions not answered here, please contact us for more support.
Cryptocurrency is similar to the official currency of a country.
It is a decentralized currency of a certain value, with which you can buy products and services or invest. It will be possible to buy, sell or transfer your funds to your contacts, wherever they are in the world, in a totally private way.
There are several cryptocurrencies today. Bitcoin is still the most prominent in
market cap and popularity. Bitcoin is what most people think about when they hear the word cryptocurrency.
Some other popular cryptocurrencies include Litecoin, Ethereum, Ripple, Zcash, Steller, IOTA, Monero, and Dash.
Cryptocurrency is traded for dollars, euros, yen, and other currencies in real time 24 hours a day.
Depending on the demand for buying or selling cryptocurrency, the price can fluctuate from day to day.
This is similar to the manner in which the value of a stock or property can go up or down based on supply and demand. Cryptocurrency’s value can be volatile compared to traditional currencies such as the US dollar because it is still an emerging technology.
Patex Capital engages mostly in cryptocurrencies trading, and mining, as well as FOREX. In all cases we
are utilizing our proprietary Micro-Hedging (™) technology and in house developed trading algorithms.