Cryptocurrencies are not a legal tender currency and the trading of derivatives on Cryptocurrencies is currently not covered under any regulatory regime. Consequently, investors should be aware they may not have the full protection offered by the Securities and Futures Act (Cap. 289). Please ensure that you are fully aware of the risks and if in doubt consult an independent financial adviser. For more information on Cryptocurrencies, please refer to the following web site for more information: MoneySense -Virtual Currencies.
Take a position even when you expect a cryptocurrency to fall in value, not just when you expect it to rise.
Get started straight away, without the hassle of an exchange account.
Gain exposure to major cryptocurrency pairs without tying up lots of capital.
So there’s more chance of executing your full trade at your chosen price.
Speculate on which way bitcoin’s price will go, instead of purchasing the cryptocurrency. Bitcoin trading.
Take a position on ethereum without the need for a wallet or specialist technology. Ethereum trading.
Take advantage of ripple price volatility via CFD trading. Ripple trading.
So there’s more chance of executing your full trade at your chosen price.
Cryptocurrencies are virtual currencies which operate independently of banks and governments, but can still be exchanged – or speculated on – just like any physical currency. While there’s a huge number of cryptocurrencies available, we offer CFD trading on the three most popular: bitcoin,ethereum, and ripple.
Markets | Bid | Offer | Updated | 1% Change |
---|---|---|---|---|
Bitcoin (USD) | 11743.38 | 11843.38 | 15:00:47 | +4.3% |
Bitcoin Gold (USD) | 207.31 | 217.31 | 15:00:39 | -0.1% |
Ether (USD) | 1069.33 | 1081.33 | 15:00:46 | +8.5% |
Ripple (USD) | 1.365 | 1.415 | 15:00:34 | +16.2% |
There are two ways to deal cryptocurrencies: buy them in the hope of selling them on at a profit, or speculate on their value without owning them via CFD trading.
There are two ways to deal cryptocurrencies: buy them in the hope of selling them on at a profit, or speculate on their value without owning them via CFD trading.
As a CFD trader, you won’t need an account with a cryptocurrency exchange, or a wallet to store your tokens. Just an account with a leverage provider.
Cryptocurrencies may be free from many of the factors that influence traditional currencies, but you need to make sure you know your market.
Settling on a trading strategy depends on your goals and preferences, and deciding which is right for you is key to your long and short-term success.
Enter your position size, define your close conditions, and click ‘buy’ if you think the cryptocurrency will rise in value, or ‘sell’ if you think it will fall.
Once you’ve reached your target – or decided it’s time to cut your losses – you’ll close out your position by reversing your original action: so if you bought, you sell, and vice versa.
Osias Brokers. © 2020. All Rights Reserved.