benefits of trading with us
Trading in cryptocurrency CFDs is a way of speculating on the price movement without actually owning the underlying asset. The digital currency has become a very popular financial instrument among the traders because of high volatility and high liquidity, which offers multiple opportunities to make a profit and also because it is becoming mainstream and a better-regulated market. Trading in cryptocurrency via CFDs has several advantages like the safety of funds, and it helps the trader to generate high retunes in the short term. As CFDs have no direct relationship with the physical asset, they provide significantly higher freedom as compared to trading directly in the cryptocurrency market.
CRYPTOCURRENCY TRADING Account Comparisons
CRYPTOCURRENCY TRADING PLATFORMS
MAKE TRANSACTIONS WITH CRYPTOCURRENCIES
How can I make transactions with cryptocurrencies?
There are two ways to make transactions with cryptocurrencies: buy them physically with the hope of selling at a profit or speculate on their value through CFD trading without owning them.
To trade cryptocurrency CFDs, you will need the following:
Create an account
As a CFD trader, you do not need an account on a cryptocurrency exchange or a wallet to store tokens. All you need is an account with the leverage provider.
Do your research
Cryptocurrencies may not be influenced by many factors that affect traditional currencies, but you definitely need to know your market.
Apply your strategy The final choice of a trading strategy depends on your goals and preferences. Deciding what is right for you is the foundation of your long-term and short-term success.
Place a deal.
Indicate the size of the position, determine the conditions for its closure and click the Buy button if you think that the value of the cryptocurrency will grow, or Sell if you think that it will fall.
Close your position
Once the goal has been achieved or a decision has been made that it is time to limit losses already incurred, you will close your position by repeating the original action in the reverse order: that is, if you bought, you sell and vice versa.
Remember that since CFDs are products that use leverage, you only need to make a small deposit to get exposure to the full value of the transaction. This means that the potential profit from your capital is increasing, but you can lose more than your initial contribution.