Cryptocurrencies CFD trading

What are crypto coins?

Crypto coins are virtual money that is secured by cryptography. This makes them practically impossible to counterfeit. Loads of cryptocurrencies are also decentralized networks that are based on blockchain technology. The most attractive feature for traders is that cryptocurrencies are generally not issued by any central authority, thus remain immune to government manipulation or impact.

How to trade crypto coins?

Crypto, at first, were impossible to buy and sell. Getting a couple of crypto coins was called ‘mining’ and required a great deal of math and coding knowledge. Surely, now things have changed genuinely. You don’t need to be proficient in programming or create a computer laboratory down in your basement anymore. Today, you can either invest in the chosen crypto directly or speculate on its price movement via CFDs. Grant yourself access to the real breakthrough of the century. Analyze the market and hit the chosen crypto with a well-thought bid.

What are the most popular cryptocurrencies?

Nowadays, there are more than 5,329 cryptocurrencies created and traded worldwide. The total market capitalization is worth $201bn. It is hard to underestimate the impact of crypto on the global market.
The first crypto coin to hit the market was Bitcoin. Created in 2008 by Satoshi Nakamoto as electronic cash, it has suddenly won popularity online, thus beginning the new era of digital money.
Apart from Bitcoin, the undoubted leader of the market, there are several other crypto coins also traded with huge enthusiasm. Among them, you’ll find Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Tether (USDT), Bitcoin Cash (BCH), Libra (LIBRA), Monero (MXR), EOS (EOS), Bitcoin SV (BSV), and Binance Coin (BNB). These are presented in no particular order, as they are traded online in practically equal volume.

The information above is for education purposes only and cannot be considered as investment advice. Past performance is not reliable indicator of future results.