CFDs on Cryptocurrencies

Digital assets are the future of finance. Trade major cryptocurrencies and take advantage of this volatile market.

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What Is Cryptocurrency?

The phenomenon of cryptocurrency has been present since the early ‘00s. The first and the most well-known crypto is Bitcoin, conceived by an anonymous programmer under the pseudonym of Satoshi Nakamoto. Bitcoin, a crypto and digital payment system, became open to the public in 2009. On FX Markets, you can trade CFDs on all major cryptocurrencies, such as Bitcoin, Ether, Litecoin, and Ripple, against USD.

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The Major Benefits of Trading CFDs on Cryptocurrencies

The everpresent advantage of CFD trading is that you can trade on margin, which yields leverage. It implies that you can trade without the need to put down the full value of a given position. Also, this way, your money is not tied to one transaction, so you can diversify and open more trades. In addition, as the crypto market is extremely volatile, you have very substantial profit opportunities over a short period of time, although it is recommended to take into account the associated risks as well.

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