Why Trade Cryptocurrencies?
Cryptocurrencies are seldom affected by policy changes or geopolitical instability – and we have seen markets treat it as a safe-haven because of this.
Cryptocurrencies are extremely active compared to traditional currencies. Prices can change remarkably within days or even hours. This creates a new frontier for trading.
Each market has its own benefits and disadvantages, knowing when and in what combination these should be taken advantage of can optimize your trading strategy.
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.
- Ethereum and Bitcoin are digital currencies based on blockchain ledger technology
- Ripple is based on a payment protocol
- Cryptocurrencies prices are driven largely by supply and demand
- No exchange account or digital wallet necessary
- Trade immediately online, no need to wait for buyers or sellers
- Not as heavily effected by central bank policy, geopolitics or political instability
- One of the most innovative and active markets today
|Instrument||Spreads From||1 Contract||PIP Value||MIN Contract||MAX Leverage|
|BTC / USD||45 USD||1 Bitcoin||0.01 USD||0.25 Bitcoin||1:50|
|XRP / USD||0.005 USD||1 Ripple||0.0001 USD||1,000 Ripple||1:50|
|ETH / USD||3.50 USD||1 Ethereum||0.01 USD||1 Ethereum||1:50|
When can you trade Cryptocurrencies?
Trade Cryptocurrencies Multiple Ways
Our web trading platform features fixed spreads, zero slippage and an extremely user-friendly interface. New traders will find it easy to navigate and experienced clients will find all the tools they need.
Android or iOS
Access markets anywhere with an internet connect on any Android and iOS device. It features the same great tools and usability as our web platform with the option to set up price notifications when the app isn’t open, so you are never caught by surprise.
MT4 offers analysis and automated trading tools like chart overlays, price alerts and EAs. Now you can combine easyMarkets trading conditions – like fixed spreads – with the tools available on MT4.
Free Bitcoin eBook
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.
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?