Step 1: Create a Pattern Trader account
In order to be able to buy cryptocurrencies via Pattern Trader, you must first register. At this point, we would like to emphasize that both the website and the Pattern Trader app are not available in German. Users should therefore have at least a basic knowledge of English.
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Step 2: Deposit
After you have opened the account, deposits can be made to the account. Unlike many of our competitors, you do not have to verify your identity. Verification is optional in principle, but it is necessary, for example, if you trade very large amounts. For the verification of your identity you have to expect a time frame of up to 8 weeks. As a rule, however, it is done within a few hours.
The „Deposit“ button is located in the upper right corner of the trading interface. There you can select different currencies with which the deposits can be made.
Step 3: Buy cryptocurrencies
Afterwards, you can buy or trade cryptocurrencies via Pattern Trader. For this, you select the preferred trading pair, whereupon a window opens. In it, you can specify the quantity, the price and the type of order. The same applies to selling digital currencies. All open transactions are displayed under the „Open Orders“ menu item.
Those who want to buy or sell the coins normally use the Exchange Wallet for this purpose. The Margin Wallet, in turn, gives Pattern Trader users the opportunity to speculate on the price development of cryptocurrencies. The stakes can be increased with different levers.
Pattern Trader Experience
Those who want to gain Pattern Trader experience are basically also free to get an overview without registering. In addition to the „Sign up“ button, interested parties can take a look at the demo version. However, in order to achieve real returns with cryptocurrencies, a registration is inevitable. Costs are not incurred for the time being.
Pattern Trader offers its customers different trading options. These include exchange trading, margin trading and the over-the-counter market (OTC). Thus, digital currencies can be deposited, paid out or exchanged. In addition, the platform also offers you the possibility to increase the stake by means of leverage. Peer-to-peer funding is also possible. In addition, there is a private OTC market where you can settle large transactions directly with other investors.
Users of the trading platform benefit from numerous features and customization options. Ambitious traders seem to make a good choice with the provider, as numerous positive Pattern Trader experiences suggest.