Trading crypto currency

What is Cryptocurrency Trading?

Cryptocurrency trading involves the buying and selling of cryptocurrencies on an exchange.

Discover how you can trade cryptocurrencies on our platform using CFDs (contracts for difference),

allowing you to profit from price fluctuations without owning the actual coins.

CFDs are leveraged derivatives, allowing you to trade cryptocurrency price fluctuations without owning the underlying coins.

When trading derivatives, you have the option to go long (buy) if you believe a cryptocurrency’s value will rise, or go short (sell) if you anticipate a decrease.

To do so, you’ll need to create an exchange account, provide the full value of the asset to initiate a position,

and store the cryptocurrency tokens in your personal wallet until you decide to sell.

How do cryptocurrency markets function?

Cryptocurrency markets operate through a decentralized digital currency network, which relies on peer-to-peer transaction verification instead of a central server.

When cryptocurrencies are bought and sold, the transactions are added to the blockchain, a shared digital ledger that records data through a process called “mining.”

What influences cryptocurrency markets?

Cryptocurrency markets are driven by supply and demand dynamics.

Due to their decentralized nature, they are less susceptible to many of the economic and political factors that impact traditional currencies.

While cryptocurrencies still face considerable uncertainty, the following factors can significantly affect their prices:

Supply: The total number of coins and the rate at which they are released, destroyed, or lost.

Market capitalization (MC)/Market cap: The value of all coins in existence and how users perceive its development.

Media coverage: How the cryptocurrency is portrayed in the media and the extent of its coverage.

Integration: The ease with which the cryptocurrency integrates into existing infrastructure, such as e-commerce payment systems.

Key events: Major occurrences like regulatory updates, security breaches, and economic setbacks.

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