Why Trade Cryptocurrencies with BITFINCORP?
Cryptocurrency prices are constantly changing. This volatility creates opportunities to either go long or short. Please consider that volatility increases risk.
Cryptocurrencies are open 24/7, meaning you can trade them anytime.
What Cryptocurrencies Does BITFINCORP Offer?
Cryptocurrencies Instrument Details
Trade popular cryptocurrency CFDs on your BITFINCORP live and demo accounts now.
|INSTRUMENT||MINIMUM SPREADS||MARGIN RATE|
|Ripple (XRP) CFDs||0.05||50%|
Open a Trading Account in 3 Easy Steps
Open Your Account
Complete the Forex CFD account application form. Once we have verified your identity, we will set up your account.
Fund your account
Deposit funds from a debit card, E-Wallet or bank transfer to start trading.
Trade on every device including PC, Android, iPad and iPhone or via your web browser.
What are Cryptocurrencies?
Cryptocurrencies are a digital currency that acts as an alternative to traditional money. However, they are decentralised and can be speculated on or exchanged to make a profit as they can be traded like any other instrument. Cryptocurrencies have been around since the late ’90s but became popularised due to the unlikely emergence of bitcoins and their value surpassing expectations.
The Main Cryptocurrencies
Litecoin dubbed as an ‘altcoin’ was designed to be a replica of Bitcoin with some moderate changes. It was to excel in certain areas such as the ability to be used for smaller transactions, as well as being easier to use daily, making it more accessible. Litecoin made its blocks process up to four times faster than Bitcoin. However, it required more sophisticated technology to mine. Litecoin is one of the most traded cryptocurrencies but in terms of market cap, much smaller than Bitcoin. It isn’t currently used by mainstream corporations as a form of payment but it has the potential to be widely embraced in the future.