Trading cryptocurrency CFDs involves speculating on whether a cryptocurrency’s price will
go up or down – without taking ownership of any underlying coins.
For CFD trades, you can magnify your exposure with leverage and go long or short on the price – all without the expense of any exchange account.
Although the cryptocurrency market is relatively new, it has experienced significant volatility due to huge amounts of short-term speculative interest. For example, between October 2017 and October 2018, the price of bitcoin rose as high as $19,378 and fell to lows of $5851. Other cryptocurrencies have been comparatively more stable, but new technologies are often likely to attract speculative interest.