Color Trading App – Full Guide, Top 10 & More

Introduction

Indeed, in the world of today innovations of technology has impacted many things. This includes how evolving technology has changed our lifestyle, careers and even the perceptions of the world. Similarly, such innovations have led to the rise of Color Trading App. There are many of these applications out there indeed. Also, these applications are referred to as a seamless combination of finance, technology as well as art of colours. There is a chance that you might have come across this concept of color trading or one of these applications. Surely, you must have witnessed a spark of curiosity growing inside you. As you may have understood by the name, in this concept the individuals trade in colors.  

In this blog, you are going to get all kinds of relevant information that will help you understand color trading and even how to get started with it. In fact, you will also find the top 10 of such applications of color trading. For the same reason, stay tuned.

Color Trading App – Understanding the concept of ‘Color Trading’

These color trading applications are evidently popular for letting users buy, sell and even trade colors. Therefore, in simple words the colors are like commodities here. And, individuals trade them amongst each other. Surely, there are many of these applications out there. Each of them standing out from each other because of their distinctive features. You will get to know about the most prominent of such applications ahead along with their special features.

Simply, by making use of a color trading app an individual can interact with colors. And, money is involved too. Basically, you can earn some money if you trade in colours the right way here. In the long term, these profits will add up and form a big amount for sure. You just need to give a part of your leisure time. By investing short periods of time you can make money. Definitely, users interact with colors here in the same way how traders interact with the share market or cryptocurrencies such as bitcoin.

Color Trading App – More information about these apps, their concept and functioning

Each of the color within these apps that people trade with are usually represented by a “HEX Code”. As has been noted, these colors are treated like commodities here on this platform. therefore, these colors represented by their respective HEX Codes serve as digital assets for the individuals engaged in the trade. Surely, these are assets which can be brought, sold and traded. According to many peoples’ perspectives, this concept seams senseless and abstract. But it is important to understand it first before engaging in any judgement. Actually, the idea behind this is that colors have a lot of fundamental value and are similar to art themselves. For the same reason, these colors should be monetized by trading them. This is indeed the whole concept.

All these apps provide a hub or a marketplace to individuals to use for bidding on colors and trading. Similar to stock markets and cryptocurrencies, users can also build their own unique portfolios in such color trading applications. Moreover, another very appealing factor about these applications is that regular color based challenges as well as contests are organized and the users are allowed to engage freely. Definitely, there are no limitations/restrictions here. Evidently, the value of each colour is known to fluctuate based on a number of factors. These factors certainly include demand, rarity and even user interest. Certainly, you will have a similar trading experience as to the stock market, but this concept is much more artistic. 

Color Trading App – How does it work? / How to get started?

• Firstly, you need to start by setting up your account. You can do so once you have downloaded and installed a specific color trading app successfully. In fact, in some selective applications you might even be rewarded with a number of free colors. This is to help you start your trading journey and also to motivate you.
• Thereafter, once you have a registered account, you can go ahead and start exploring the marketplace of colors. All the colors will be listed. You can identify colors either by their HEX Codes or their visual previews.
• Buy the colors that you find most desirable and appealing. Or you believe that their value will increase in the coming time.
• Once you believe that the colors you own have reached a certain peak of growth you can sell them and cash out. 
• Aside from the buying and selling, you can also exchange/swap colors directly with other users on the application. This is referred to as trading. Surely, terms can be negotiated conveniently among users here.
• You also need to be aware of all the challenges and contests being organized here. By participating in the same you might be able to win specific colors as rewards. Or, you might be rewarded with something else.
• Lastly, because your money is invested in these colors you should be attentive and track their value on a regular basis. By doing so you will be able to analyse better. Consequently, make well-informed decisions.

“Top 10 Color Trading App”

• Tiranga – color Prediction
• Colorwiz
• Fast Win App
• Joymall
• Winmoney
• 55 Club Game
• 91 Club
• Rajeshmall
• GodrejMall
• Yos win

Conclusion

Surely, if you have some leisure time on your hands. And, you were wondering of being productive by investing your free time. Then, these color trading applications are very suitable for you. Surely, if you do the trading of colors here the right way you can end up making a lot of money. By investment of your time and some funds you can turn up profit. In conclusion, you should definitely try exploring these applications.

FAQs

Q – Which color trading app is most popular?

Tiranga – color Prediction

Q – Is registration necessary in such apps?

Yes, it is because of financial security concerns.

Q – Will my data be safe?

Surely, if you happen to use reliable applications. Therefore, be cautious of scam and fake apps.

[AUTHOR – PIYUSH CHAUHAN]