Cryptocurrencies are deemed as the currencies of the near future. And as you might know they gain importance while many central banks started to consider their own digital currency. Hence we offer five cryptocurrencies for trading on our platforms: Bitcoin (BTCUSD), Dash (DSHUSD), Ethereum (ETHUSD), Litecoin (LTCUSD), Ripple (XRPUSD).
We would like to give you a few points to consider about trading cryptos. It is different than stocks and bonds, you will not find corporate balance sheets to review. It is influenced by supply and demand and the exchanges it trades on. Trades benefit from the anonymity and decentralized valuation system.
Cryptos are not tied to a central bank, and they are also free from central geopolitical influence and from macroeconomic issues like inflation or interest rates. We offer the opportunity to trade with CFDs in cryptocurrencies. Prices are quoted in US dollar, and you never take ownership of the cryptocurrency itself. CFDs are leveraged products, which means you can open a position for a just a fraction of the full value of the trade.