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Showing posts with the label Why trade Crypto CFDs

The Advantages of Trading CFDs on Digital Currencies

Digital currencies have been around since 2009 when the first cryptocurrency, Bitcoin, was launched. Over the past few years, there has been significant interest in digital currencies and this demand has led to many CFD trading platforms and brokers now offering cryptocurrency trading pairs. Trading CFDs (Contracts for Difference) on digital currencies involves speculating on crypto price movements via a CFD trading account. Read on to learn about the benefits of trading CFDs on cryptocurrencies and find out why it has become a popular investment alternative. What are the most traded digital currencies? Since the start of the crypto revolution, the two most popular cryptos have been Bitcoin and Ethereum (Ether), and in the last few years Ripple has taken its position among the top three. As well as Bitcoin, Ethereum and Ripple, there are several more popular digital currencies, but their value tends to fluctuate. The advantages of trading crypto CFDs When trading crypto CFDs

The Benefits of Cryptocurrency Trading

Cryptocurrency trading involves buying and selling the underlying digital currencies via an exchange or speculating on crypto price movements via a CFD trading account. Read on to learn about the benefits of trading CFDs on cryptocurrencies and find out why it has become a popular alternative to buying the physical coins. What is cryptocurrency? Cryptocurrency is a digital or virtual currency that is based on a decentralised network that is distributed across a large number of computers. It is secured by cryptography which makes it almost impossible to counterfeit - they enable secure online payments without the involvement of third-party intermediaries. Many cryptocurrencies use blockchain technology. The benefits of trading cryptos   When you trade cryptocurrencies, you are speculating on whether your chosen market will rise or fall in value, without taking ownership of the digital currency. This is done with derivative products such as CFDs. The benefits of trading cryptocurren