Cryptocurrencies are a disruptive sensation in the financial markets. These digital currencies provide even more opportunities for today’s traders, with many turning to them as alternative investment options. Trade cryptocurrency CFDs (Bitcoin, Ethereum, Litecoin, Ripple) against the US dollar with Beyondoptionfx today.
Trading is a common economic concept that involves the exchange of goods and services between trading parties. However, trading in cryptocurrency is a bit different from trading in any other asset. Primarily, a cryptocurrency refers to a digital asset that’s secured by cryptography, making it nearly impossible to counterfeit or double-spend. Moreover, due to this digital asset’s volatile nature, cryptocurrency has been a popular asset for trading.
Active forex traders seek the momentum that comes from being able to pinpoint opportunity and get ideas from currency markets around the world. With thinkorswim, you can access global forex charting packages, currency trading maps, global news squawks, and real-time breaking news from CNBC International, all from one integrated platform.
Key benefits of trading cryptocurrency
- Direct Market Access (DMA)
- Flexible leverage
- High volatility
- Potential profits in both bull and bear markets
Trading Cryptocurrency CFDs online
Cryptocurrencies are the digital alternative to traditional currencies; allowing for fast, decentralised, anonymous payments across the world.
The major benefit of trading crypto against the US dollar is that traders can potentially profit from the market’s drop in value, as well as a rise. The possibility of losses is just as great, making a solid risk-reward ratio all the more essential.
Cryptos are a high-volatility instrument and are known for their rapid price swings. They gain in value as they reach greater adoption and falling on news of possible government regulation and security concerns.
We offer cryptocurrency trading for the four most popular digital coins: