The crypto-currencies have the wind in its sails these past few months. Despite the fluctuations in the market and the fall of values, investors are extremely likely to buy and sell virtual currencies. But maybe have you also heard the term crypto-currencies CFD. He is a trader of virtual currencies via a platform cfd. But that is what it is ? What are the advantages compared to a trading platform classic ? It explains to you !
What is a CFD ?
The CFD is short for Contract For Difference. Understand in French the Contract for Difference. It is a by-product. It is a financial instrument in the final value depends on what is commonly called in the world of finance the underlying. Thus, the CFD trading provides the opportunity for investors to take a position either upward or downward, on an underlying asset.
You will have understood, the underlying it is in fact the crypto-currency. But be aware that it can also be a share or a currency, for example. Because of this, the CFD trading has many advantages because even when the course is bearish, the investor can be a winner.
What is the trading of crypto-currencies on the platforms ?
In effect, the investor may decide to sell a crypto-currency that it does not have to redeem it later when the price has finally dropped. The effects of leverage are importantset are one of the main advantage of CFD trading crypto-currencies. Because the contracts are so profitable for the long term. It is also for this reason that these platforms have the wind in its sails these past few months.
You should also know that the market of CFD trading crypto-currencies is available 24 hours on 24, all week except the weekend. And most importantly, the investor does not actually crypto-currency, in contrast to an exchange platform classic. Thus, it is impossible to make a hacker ! This constitutes an advantage that is not negligible, especially in the current context when we know that these are thousands of dollars of crypto-currencies that have disappeared in the last few months of the exchange platforms. Knowing that, unfortunately, the investor has very little chance to find them one day. Also, the platforms CFDS provide this advantage as safe as it is imperative to take into account when you embark on the adventure of the virtual currency.
The trading of crypto-currencies on the platforms, CFD is an interesting alternative, safe and effective to exchange platforms. The investor takes less risk and can earn a lot of money through his investments.
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