Paxos Standard is a popular digital currency and software trading software created by Perfect Money Software LLC. The software package is used to monitor the exchange rates and transactions of the currencies used in the Paxos Standard system, as well as its regular working. The software has a demo version, which shows all the features of the software for a given time period, however if you do not want to use the full version, you can purchase the software after the trial period of one year.
Currency trading is mainly done using pairs, which are pairs that have the same number of units. For example, if you’re into Forex trading, your pair will be dollars and pounds. Most trading pairs have similarities, however there are differences in some cases, which can be seen when you use trading software. An example would be the case where the currency pair is Euros and Canadian Dollars.
The main function of the currency trading software is to help Forex traders buy and sell currencies and at the same time make money from it. The software works on the principle of a simple robot that tracks the various market movements and makes decisions based on the observed data. Because of the constant change in the currency market, there are large fluctuations in price. This in turn creates big gaps in the amount that is usually sold or bought. However, with the robot working, these gap can be filled and you can profit from it, although it may seem complex. To further simplify matters, the software also guides you through each step in the trading process. Therefore, if you choose to install the software into your computer, you can get a sense of how the software works by using it, and in case you do not, you can study how it works in the free demo version offered for free by the developer.