Crypto forex 6

Crypto CFDs.

Obrt than 1600 cryptocurrencies are listed on major, middle-sized and specialist exchanges. Bitcoin is the largest cryptocurrency in market capitalisation, with an estimated market cap of USD 673 billion in early 2021. Ethereum is the second-largest at $177 billion, and Tether at $27 billion, having recently moved above Ripple’s XRP.

Do I own the underlying cryptocurrencies through trading crypto CFDs?

No, CFDs are derivative products. Cryptocurrency trading means assuming a financial position on the price direction of individual cryptocurrencies against the dollar (in crypto/dollar pairs) without owning cryptocurrency. CFDs (contracts for difference) are a trendy way to trade cryptocurrencies as they allow for greater flexibility, the use of leverage and the ability to take short and long positions.

Is it possible to practice trading with crypto CFDs?

Absolutely. Open a free demo account on MT4 and MT5 you can paper trade our currency CFDs.

Can you trade blockchain?

No, at least not directly. Blockchain is the technology that runs the Bitcoin payment system, whilst Bitcoin is the cryptocurrency. But blockchain has many more uses than running bitcoin’s payment system.

When can I trade crypto CFDs?

Our platforms offer crypto CFDs trading 24 hours a day, 7 days a week between Monday at 0:00 and Sunday 24:00 server time.

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