Cryptocurrencies on TRADE.com

Crypto Assets: TRADE.com provides eleven of the most popular cryptocurrency CFDs traded against both USD and EUR. Bitcoin, Ethereum, Dash and Ripple (all USD pairs) started the huge trend with Bitcoin Cash becoming available after the August 2017 hard fork in technology. Demand for more cryptos led to TRADE.com delivering Bitcoin/EUR, Dash/EUR, Ethereum Classic, Ethereum/EUR, Litecoin and Litecoin/EUR as CFD financial instruments on the WebTrader platform.

Volatile Effects: Most cryptos have seen a year-long upward trend with prices dependent on major events in the crypto markets, from the divide in Bitcoin to the opening and closing of exchanges to whole countries such as Russia deploying crypto or China banning Bitcoin. The volatility has been huge over the summer of 2017 and though there is still interest from investors, prices are starting to consolidate in a bearish manner and we now have a situation where the prices are equally likely to move in either direction.

Crypto on TRADE.com: This is a good market for CFD traders who speculate on the movement of the underlying asset with long and short trading options, and at TRADE.com trading on cryptos is commission free and bears only low spreads from 0.03 pips and with leverage up to 1:20. Crypto trading on is also available at the weekend giving trading hours from Sunday 21.05 to Sunday 05.00.

Battle of crypto giants: Ethereum prices have also followed the Bitcoin market but seem to have some better support. Is this due to many interesting projects on the horizon that will run with ETH as the base, and are likely to see the usability of ETH continue to increase – certainly in the medium term? Many analysts say this should be able to support Ethereum prices better than that of Bitcoin, though the hard fork for Ethereum, the “Byzantium” upgrade, may level the playing field.

Click here to trade cryptocurrencies on TRADE.com