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What is a Cryptocurrency?
Cryptocurrencies (Crypto) are virtual currencies that typically use a decentralised network to carry out secure financial transactions.
A large part of this is down to headlines generated by the huge leaps in Bitcoin’s value, as the price of BTC began 2017 worth around $1,000, rocketing to more than $19,000 by December of that year. When prices move quickly, traders pay attention.
The Main Benefits Of Trading With Vextrader
Vextrader has everything that you need to succeed and more. Here’s why people join us.
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Wide Range of Trading Instruments
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Trade Cryptocurrencies Online
Cryptocurrencies have shaken up the world’s financial markets. This disruptive digital technology provides an alternative to traditional currencies, allowing fast, unregulated, anonymous payments across the world.
Cryptos are known for rapid price movements. They’re a high-volatility instrument, gaining in value as they reach greater adoption and falling on news of possible government regulation and security concerns.
Ways to Trade Cryptocurrencies with Vextrader
You can trade cryptocurrencies with IG using CFDs. CFDs, or contract for difference, allow you to speculate on the price of cryptocurrencies without having to take ownership of the underlying assets.
With CFDs you can trade over 16,000 markets on leverage through all our available platforms including web, mobile, and MT5.
The Benefits of Cryptocurrency Trading
If you’re looking to get involved in the cryptocurrency sphere, one of the first steps to consider is whether you will buy the digital assets or speculate on their prices.
Take a look at some of the benefits to trading CFDs on cryptocurrencies, and discover why it has become a popular alternative to buying coins outright.