This article was first published on: Latest Crypto News --
The cryptocurrency market continues to expand. One way to take advantage of the opportunities in this market is to trade contracts for differences on different cryptocurrency pairs. There are a number of benefits to trading cryptocurrencies without having to open a wallet and find the cryptocurrency that trades in your fiat currency. The process of using CFDs provides a number of ways to trade this new and exciting market. By trading cryptocurrencies such as Bitcoin, Litecoin, and Ripple in the form of CFDs, traders have the opportunity to invest without having to actually buy them. Additionally, by using the tools that are offered at iFOREX you can invest in cryptocurrency CFDs with leverage.
What is a Contract for Difference?
A contract for differences on a cryptocurrency pair is a financial asset that tracks the movements of specific digital currencies. Instead of swapping your fiat currency for a cryptocurrency, you are investing in an asset that tracks that cryptocurrency pair. ...
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