Trade Cryptocurrencies
Trade Cryptos
Bitcoin • Ethereum • Ripple • Litecoin and more
Bitcoin • Ethereum
• Ripple
Litecoin and more
No Slippage
Trades are executed at the rate you see, on easyMarkets platforms ensuring you will never be surprised by a spread change during volatility.
Tight Fixed Spreads
As part of our Price Transparency Promise, our spreads never change during trading hours, so you know your costs upfront.
Free Guaranteed Stop Loss
Protect yourself and your open trades against runaway losses. A standard feature on easyMarkets Web & App Platforms.
Negative Balance Protection
Another condition offered as a standard feature on easyMarkets accounts, this ensures you are protected when you trade.
No Slippage
No Slippage
Trades are executed at the rate you see, on easyMarkets platforms ensuring you will never be surprised by a spread change during volatility.
Tight Fixed Spreads
Tight Fixed Spreads
As part of our Price Transparency Promise, our spreads never change during trading hours, so you know your costs upfront.
Free Guaranteed Stop Loss
Free Guaranteed Stop Loss
Protect yourself and your open trades against runaway losses. A standard feature on easyMarkets Web & App Platforms.
Negative Balance Protection
Negative Balance Protection
Another condition offered as a standard feature on easyMarkets accounts, this ensures you are protected when you trade.
Which Cryptos Can You Trade?
Bitcoin
Bitcoin is an encrypted digital coin or currency with a public ledger that records all transactions. This ledger is run on peer-to-peer software on servers known as ‘nodes’. The price of BTC is largely driven by supply and demand but can be affected by rumors of regulation or full-out regulation.
Ethereum
Ethereum is a platform that creates a token called Ether. Ethereum’s unique feature is that its network also supports decentralized apps known as dApps that run on the blockchain. Another interesting Ethereum feature is smart contracts – which are also central to the platform and the value of Ether.
Algorand
Algorand is a blockchain platform and a digital currency that boasts transaction times on par with mainstream payment processors such as Mastercard and Visa. Like Ethereum and Cardano, Algorand can support new cryptocurrencies and blockchain-based applications and projects. The token the Algorand network creates is known as ALGO.
Ripple
Ripple is both a cryptocurrency and a payment network initially released in 2012. XRP is blockchain-based like Bitcoin, but according to the creators, is less energy-intensive to mine, carries lower fees and processes transactions quicker. Unlike Bitcoin, servers are bank-owned instead of peer-to-peer.
Cardano
Cardano is similar to other cryptocurrencies, i.e., a platform based on blockchain, but is touted as being a more sustainable, flexible and scalable solution. The network supports games, decentralized financial apps (like Ethereum) and new crypto tokens. It is currently one of the biggest cryptos by market cap.
Solana
Solana is designed to host scalable and decentralized applications as a blockchain platform. Like other rivals to the top two cryptocurrencies, Ethereum and Bitcoin, it boasts much faster transactions and significantly lower fees. The token the network creates is named Solana and is not only proof-of-stake but proof-of-history.
Uniswap
Uniswap enables market-making peer to peer, by offering a decentralized exchange. This function allows the trading of other cryptocurrencies without having to deal with a centralized exchange. Hosted on the Ethereum network, Uniswap’s blockchain is administered by UNI holders (the token the network creates).
Polkadot
Polkadot is a protocol that functions as a bridge between other cryptos, allowing previously incompatible networks/platforms to send and receive data and value or “talk” to each other. The network’s resulting token is called DOT. Like many of the other alt-coins Polkadot claims faster transactions and scalability.
Chainlink
Chainlink’s innovation is that it allows entities that aren’t blockchain-based to connect or communicate with blockchain platforms – this is also known as middleware. Chainlink can connect smart contracts on the blockchain with non-blockchain data like stock prices for example. The resulting token is LNK.
Zcash
Zcash is a Bitcoin blockchain fork, that upgrades both anonymity and security for users compared to BTC. Initially, the crypto was launched as Zerocoin, which became Zerocash and finally became Zcash. Mining of Zcash is done on what is called integrated circuits, designed explicitly for that purpose.
Omise
Created by Omise, OMG network focuses on streamlining exchanging assets and digital wallet issuance. The OMG network is built on the Ethereum network. According to Omise, ideally the OMG Network would be able to move assets across payment platforms, from cryptos to FIAT, even loyalty points.
Polygon
Polygon (MATIC) is a cryptocurrency that uses Ethereum’s blockchain and is intended to connect other projects based on Ethereum. Polygon can add scalability and flexibility to the existing benefits of the Ethereum network. Matic works with other cryptos that are based on the Ethereum network.
Dash
Dash was initially named Xcoin when it was founded in 2014. Dash was intended to help users preserve their anonymity and privacy. Dash was also launched as a purely digital currency, replacing methods such as credit cards or FIAT currencies. The network is administered by a group of its users known as masternodes.
Dogecoin
Dogecoin is amongst a group of cryptos also known as memecoins, i.e. coins that proliferated quickly amongst adamant adherents of the cryptocurrency culture, also known as crypto-bros. Unlike other cryptos that base their value on a finite supply, Dogecoin yields ten thousand coins per minute without any limit on the maximum amount of coins that can be mined.
Monero
Monero is privacy-focused and open-sourced, with a blockchain that obscures user transactions and data. Unlike other alt-coins, Monero doesn’t need any specialized equipment to be mined, as it only requires a CPU to process transactions. Another noteworthy fact is that the developers did not keep a stake for themselves upon launch.
Chiliz
Based on blockchain, it powers a fan engagement app for Socios followers. It allows these fans to buy tokens on the Chiliz sports exchange. Chiliz innovation is the fact that these purchased tokens can be used to access exclusive fan platforms, vote on decisions made by their teams and even be rewarded by their favorite teams.
Avalanche
Developed in New York by Ava Labs, Avalanche is a blockchain network that is both highly scalable and also boasts 4,500 trasactions per second ability – compared to Ethereum’s 14 TPS and Bitcoin’s paltry 2.58 TPS. The network produces the AVAX token, which is in the top ten by market cap at $33 billion as of March ’22.
Bitcoin
Bitcoin is an encrypted digital coin or currency with a public ledger that records all transactions. This ledger is run on peer-to-peer software on servers known as ‘nodes’. The price of BTC is largely driven by supply and demand but can be affected by rumors of regulation or full-out regulation.
Ethereum
Ethereum is a platform that creates a token called Ether. Ethereum’s unique feature is that its network also supports decentralized apps known as dApps that run on the blockchain. Another interesting Ethereum feature is smart contracts – which are also central to the platform and the value of Ether.
Algorand
Algorand is a blockchain platform and a digital currency that boasts transaction times on par with mainstream payment processors such as Mastercard and Visa. Like Ethereum and Cardano, Algorand can support new cryptocurrencies and blockchain-based applications and projects. The token the Algorand network creates is known as ALGO.
Ripple
Ripple is both a cryptocurrency and a payment network initially released in 2012. XRP is blockchain-based like Bitcoin, but according to the creators, is less energy-intensive to mine, carries lower fees and processes transactions quicker. Unlike Bitcoin, servers are bank-owned instead of peer-to-peer.
Cardano
Cardano is similar to other cryptocurrencies, i.e., a platform based on blockchain, but is touted as being a more sustainable, flexible and scalable solution. The network supports games, decentralized financial apps (like Ethereum) and new crypto tokens. It is currently one of the biggest cryptos by market cap.
Solana
Solana is designed to host scalable and decentralized applications as a blockchain platform. Like other rivals to the top two cryptocurrencies, Ethereum and Bitcoin, it boasts much faster transactions and significantly lower fees. The token the network creates is named Solana and is not only proof-of-stake but proof-of-history.
Uniswap
Uniswap enables market-making peer to peer, by offering a decentralized exchange. This function allows the trading of other cryptocurrencies without having to deal with a centralized exchange. Hosted on the Ethereum network, Uniswap’s blockchain is administered by UNI holders (the token the network creates).
Polkadot
Polkadot is a protocol that functions as a bridge between other cryptos, allowing previously incompatible networks/platforms to send and receive data and value or “talk” to each other. The network’s resulting token is called DOT. Like many of the other alt-coins Polkadot claims faster transactions and scalability.
Chainlink
Chainlink’s innovation is that it allows entities that aren’t blockchain-based to connect or communicate with blockchain platforms – this is also known as middleware. Chainlink can connect smart contracts on the blockchain with non-blockchain data like stock prices for example. The resulting token is LNK.
Zcash
Zcash is a Bitcoin blockchain fork, that upgrades both anonymity and security for users compared to BTC. Initially, the crypto was launched as Zerocoin, which became Zerocash and finally became Zcash. Mining of Zcash is done on what is called integrated circuits, designed explicitly for that purpose.
Omise
Created by Omise, OMG network focuses on streamlining exchanging assets and digital wallet issuance. The OMG network is built on the Ethereum network. According to Omise, ideally the OMG Network would be able to move assets across payment platforms, from cryptos to FIAT, even loyalty points.
Polygon
Polygon (MATIC) is a cryptocurrency that uses Ethereum’s blockchain and is intended to connect other projects based on Ethereum. Polygon can add scalability and flexibility to the existing benefits of the Ethereum network. Matic works with other cryptos that are based on the Ethereum network.
Dash
Dash was initially named Xcoin when it was founded in 2014. Dash was intended to help users preserve their anonymity and privacy. Dash was also launched as a purely digital currency, replacing methods such as credit cards or FIAT currencies. The network is administered by a group of its users known as masternodes.
Dogecoin
Dogecoin is amongst a group of cryptos also known as memecoins, i.e. coins that proliferated quickly amongst adamant adherents of the cryptocurrency culture, also known as crypto-bros. Unlike other cryptos that base their value on a finite supply, Dogecoin yields ten thousand coins per minute without any limit on the maximum amount of coins that can be mined.
Monero
Monero is privacy-focused and open-sourced, with a blockchain that obscures user transactions and data. Unlike other alt-coins, Monero doesn’t need any specialized equipment to be mined, as it only requires a CPU to process transactions. Another noteworthy fact is that the developers did not keep a stake for themselves upon launch.
Chiliz
Based on blockchain, it powers a fan engagement app for Socios followers. It allows these fans to buy tokens on the Chiliz sports exchange. Chiliz innovation is the fact that these purchased tokens can be used to access exclusive fan platforms, vote on decisions made by their teams and even be rewarded by their favorite teams.
Avalanche
Developed in New York by Ava Labs, Avalanche is a blockchain network that is both highly scalable and also boasts 4,500 trasactions per second ability – compared to Ethereum’s 14 TPS and Bitcoin’s paltry 2.58 TPS. The network produces the AVAX token, which is in the top ten by market cap at $33 billion as of March ’22.
Spreads and Leverage
Trading Conditions
| Instrument | Spreads From | 1 Contract | PIP Value | MIN Contract | MAX Leverage |
|---|---|---|---|---|---|
| BTC / USD | 45 | 1 Bitcoin | 0.01 USD | 0.01 Bitcoin | 1:50 |
| XRP / USD | 0.004 | 1 Ripple | 0.0001 USD | 500 Ripple | 1:20 |
| ETH / USD | 3 | 1 Ethereum | 0.01 USD | 0.1 Ethereum | 1:20 |
| LTC / USD | 0.5 | 1 Litecoin | 0.01 USD | 0.5 Litecoin | 1:20 |
| BCH / USD | 1.5 | 1 Bitcoin Cash | 0.01 USD | 0.5 Bitcoin Cash | 1:20 |
| XLM / USD | 0.001 | 1 Stellar | 0.0001 USD | 500 Stellar | 1:20 |
| ADA / USD | 0.006 | 1 Cardano | 0.0001 USD | 50 Cardano | 1:10 |
| ALG / USD | 0.003 | 1 Algorand | 0.0001 USD | 50 Algorand | 1:10 |
| SOL / USD | 0.35 | 1 Solana | 0.01 USD | 1 Solana | 1:10 |
| UNI / USD | 0.04 | 1 Uniswap | 0.01 USD | 5 Uniswap | 1:10 |
| DOT / USD | 0.08 | 1 Polkadot | 0.01 USD | 5 Polkadot | 1:10 |
| LNK / USD | 0.08 | 1 Chainlink | 0.01 USD | 5 Chainlink | 1:10 |
| ZEC / USD | 0.7 | 1 Zcash | 0.01 USD | 2 Zcash | 1:10 |
| OMG / USD | 0.01 | 1 OmiseGO | 0.0001 USD | 40 OmiseGO | 1:10 |
| MTC / USD | 0.005 | 1 Polygon | 0.0001 USD | 200 Polygon | 1:10 |
| DSH / USD | 0.5 | 1 Dash | 0.01 USD | 1 Dash | 1:10 |
| DOG / USD | 0.0005 | 1 Dogecoin | 0.0001 USD | 1000 Dogecoin | 1:10 |
| XMR / USD | 1.2 | 1 Monero | 0.01 USD | 0.50 Monero | 1:10 |
| CHZ / USD | 0.001 | 1 Chiliz | 0.0001 USD | 500 Chiliz | 1:10 |
| AVA / USD | 0.1 | 1 Avalanche | 0.01 USD | 2.5 Avalanche | 1:10 |
Trading hours
3 April to 1 October 2022 - Times GMT
Cryptocurrencies
Advantages of trading Cryptocurrencies
Trade with easyMarkets
Maximum Leverage 1:30
i.e. Trade 1 Bitcoin at today’s price
($51,000) with only $1700.
Buy or sell at anytime
No hidden fees or commissions
Benefit from both the rise (i.e. going long) or the drop (i.e. going short, or short selling cryptocurrency CFDs).
Proprietary risk management tools, negative balance protection, no slippage and fixed spreads.
Deep analytical data using easyMarkets native platform, TradingView, MT4 or MT5.
Trading Cryptocurrency CFDs with easyMarkets gives you access to a regulated broker established in 2001.
Buy from an exchange
No Leverage 1:1
i.e. Trade 1 Bitcoin at today’s price
($51,000) with the full $51,000.
Not Immediate – when selling you need a buyer, when buying you need a seller.
Cryptocurrency exchanges often charge commissions and have other hidden fees.
Only benefit when buying at a lower price and holding the crypto until the price rises.
Little to no risk management other than a trading strategy set by the trader.
Third party solutions, some require payment or subscriptions.
There are many unregulated and unreliable exchanges, exposing clients to unnecessary risk.
What Fueled the
Bitcoin Rally?
-
$66,974.77
20 Oct 2021
Bitcoin reaches a new all-time high, propelled by the approval of the first ProShares Bitcoin ETF by SEC on October 19th, 2021.
Reuters
-
$61,732
13 Mar 2021
Bitcoin surpasses important psychological level of $60,000
CNN
-
$50,962.79
16 Feb 2021
Bitcoin Trades above $50,000 for first time
Wall Street Journal
-
$49,068.10
14 Feb 2021
BNY Mellon is making the leap into the market for bitcoin
Wall Street Journal
-
$47,350.00
10 Feb 2021
Mastercard Will Begin Facilitating Cryptocurrency Transactions in 2021
Investopedia
-
$46,750.00
08 Feb 2021
Tesla announced $1.5 Billion in Bitcoin and future payments
Wall Street Journal
-
$34,499.20
05 Jan 2021
JPMorgan Chase & Co said that Bitcoin has the potential to reach $146,000 in the long term as it competes with gold as an asset class
Bloomberg
-
$10,931.24
Oct 2020
PayPal allows Bitcoin and crypto spending
BBC
Bitcoin Base Currency Account
Giving you even more choice when trading, easyMarkets offers Bitcoin as a base currency. Deposit Bitcoin, trade any of our 200+ instruments, and withdraw Bitcoin. This unlocks an entirely new way to hold your cryptocurrency assets, while also giving you the ability to trade with them, without ever needing to exchange your funds to FIAT currencies.
Benefits of easyMarkets Bitcoin Base Currency Account
- No exchange necessary
- No hidden or additional funding fees
- Quick and convenient way to deposit and use your Bitcoin assets without exchanging them to FIAT.
Still access all of easyMarkets innovative trading tools and conditions including:
- No slippage
- Tight Fixed Spreads that never change during trading hours
- Free and guaranteed stop loss and take profit on easyMarkets platforms
- Negative balance protection
- Undo losing trades in 1, 3 or 6 hours with dealCancellation
- Trade with known maximum exposure, zero spreads and no margin requirements with easyTrade
Deposit Cryptocurrencies, Trade FIAT
Deposit cryptocurrencies and credit your account with a FIAT currency. Choose from Bitcoin, Ethereum, Litecoin, Tether (ERC20), Tether (TR20), and Bitcoin Cash. This new payment processing method, powered by our partner Paymero, allows traders to use their cryptocurrencies to trade our over 200+ instruments including stocks, indices, commodities, Oil, metals, currencies and other cryptos.
The process is simple and secure – you deposit your cryptocurrency of choice and your trading account is credited with the equivalent FIAT base currency.
Benefits of Depositing in Cryptocurrencies
- Utilize your cryptocurrency assets to trade 200+ instruments
- Yet another way to deposit with easyMarkets, making it even more convenient to trade
- No need for an exchange, no hidden funding fees.
Cryptocurrency 101
Cryptocurrency FAQs
When you trade cryptocurrencies including the ones offered by easyMarkets; Bitcoin, Ethereum, Litecoin and Ripple what you are trading is a form of digital currency. They are intended and designed to function just like any other currency – giving the owner the ability to exchange their cryptocurrency for products and services (or trade it). The main benefit that cryptocurrency owners, users and creators claim is that it is insulated from government intervention via Q.E. or the printing of ‘new’ money, that can catch currency-holders by surprise. Trade cryptocurrencies such as Bitcoin, Ripple, Litecoin and Ethereum that are blockchain based minus Ethereum, which is type of ledger that tracks transactions.
In simple terms, yes. easyMarkets allows you to trade cryptocurrencies as pairs against the US dollar, three ways – easyTrade, Day Trade and as a Pending Order so in essence it is CFD cryptocurrency trading. In the most simplified of terms, all traders seek to acquire the asset at a very low price and sell it at a higher price for a profit. Of course, this does not calculate for volatility, market conditions, margin requirements etc. Visit this link to find out more about how to trade bitcoin.
Knowing the fundamentals of CFD Cryptocurrency trading will help you better understand the risks and the cost associated with trading CFDs on cryptocurrency. easyMarkets features an extensive learn centre that can help familiarize yourself with how to trade cryptocurrencies , or any of the other instruments we offer. Here are few of the fundamental terms that apply across CFD trading:
- Base and Quote Currency – trading Bitcoin, Ethereum, Ripple and Litecoin all instruments are displayed with three letter abbreviations with a backslash and another three letter currency next to it i.e. BTC/USD. The BTC is the base currency and is always 1 unit of the currency (i.e. 1 Bitcoin) where as the USD is a the quote currency and is the amount needed to buy (or sell) 1 unit of the base currency.
- Buy – when trading most instruments are in pairs, when you ‘buy’ you are buying one side of the currency pair while selling the other. In the case of BTC/USD it is as if you are buying bitcoin and simultaneously selling the US Dollar. Traders generally buy when the currency pair’s rate is low. Although the term is ‘buy’ you are not actually obligated to own the asset or currency pair, which allows you to take advantage of both upwards and downwards trends.
- Sell – Like ‘Buy’ when you sell a CFD Cryptocurrency cryptocurrency pair you are ‘selling’ the base currency and ‘buying’ the quote currency. Again, the terms ‘buy’ and ‘sell’ are illustrative, you are actually exchanging.
- Bid and Ask Price – In very simple terms, CFD transaction are bilateral, i.e. involving two parties. The seller ‘asks’ for a specific price a cryptocurrency instrument and the ‘bid’ is the price the buyer is willing to ‘bid’ or purchase the instrument (or underlying instrument in the case of cryptocurrency CFDs).
- Spread –spread is the difference between the lowest bid and highest ask price of an instrument. Spread is also what you pay when trading CFD cryptocurrency instrument – because as mentioned above when trading cryptocurrency pair or any other currency pair you are buying and selling at the same time. When you trade with a fixed spread broker like easyMarkets this cost never changes during trading hours, giving you a tactical advantage because your costs are apparent upfront and transparent. With floating or variable spread brokers spreads can change in response to volatility, increasing trading cost significantly. What is worse is that this can result in an otherwise profitable trading session ending up in the “red” or unprofitable.
- Lot – a lot is 100,000 units of the base currency. Of course, smaller denomination of lots is available as well 100, 1,000, 10,000 to accommodate any size of account and margin availability.
- Want to learn more about the terms covered above? Click here to visit our Learn Centre articles about each subject.
No, you only need to register for an easyMarkets account and to submit your KYC (Know Your Client, i.e. identity verification) information. Unlike a cryptocurrency wallet, there’s no risk of losing or becoming locked out of your account. You also do not need to sign up with a cryptocurrency exchange to trade cryptocurrency with easyMarkets.
Absolutely easyMarkets offers a free demo of its platform so you can see all the advantages it offers you.
Our traders have access to trade Bitcoin, Ethereum and Ripple against the US dollar. Of course we are constantly expanding the instruments we offer, so if you have a favorite let us know!
Why trade cryptocurrencies?
Decentralized
Cryptocurrencies are seldom affected by policy changes or geopolitical instability – and we have seen markets treat it as a safe-haven because of this.
More Choice
Each market has its own benefits and disadvantages, knowing when and in what combination these should be taken advantage of can optimize your crypto trading strategy.
Active
Cryptocurrencies are extremely active compared to traditional currencies. Prices can change remarkably within days or even hours. This creates a new frontier for trading.
New Opportunity
We have seen cryptos enter the mainstream, skyrocket to five figures and plummet within a few months. CFDs allow you to both buy and sell the underlying cryptocurrency.
Trade cryptocurrencies multiple ways
Trade multiple ways with easyMarkets including TradingView, MT4, MT5, and easyMarkets award winning native platform or mobile app.
easyMarkets Platform
Efficiently user-friendly, with powerful analytical and risk management tools.
easyMarkets App
Access markets anywhere you have internet access. A full featured platform for iOS and Android.
easyMarkets on TradingView
No slippage on limit orders, Trading from charts, tight fixed spreads and deep market analysis.
easyMarkets MT4 & MT5
The popular Metatrader platforms for experienced traders are available to trade on with easyMarkets.
Free Bitcoin Book
Could Bitcoin be the Currency of the Future?
Is Bitcoin the currency of the future? You be the judge as you read the facts about Bitcoin and other cryptocurrencies in our FREE Bitcoin eBook. Learn everything you’ve ever wanted to know about Bitcoin and why traders around the world are now trading cryptocurrencies.
Bitcoin = New Gold?
Could Bitcoin, a digital currency, really give Gold a run for its money? Surprisingly, the two have a lot in common: both are mined, one digitally and one physically; both are finite; and, neither is tied to a printable currency. So, could cryptocurrencies be an equally good investment as Gold?
History of Bitcoin
In January 2009, Bitcoin was launched, becoming the first decentralised currency or cryptocurrency. Discover what led up to the launch of the world’s most well-known cryptocurrency, when the first transaction took place, how the Bitcoin exchange was formed and much more.
Record Highs
Over recent months, the Bitcoin and cryptocurrency markets have been experiencing record gains with the number of cryptocurrencies in circulation reaching a record high. What’s behind the Bitcoin surge? Will it last? And, what’s the price prediction for the cryptocurrency market by 2020?
