Everything you need to know to Cryptocurrencies.
NO FUSSING WITH CRYPTO WALLETS OR HARDWARE WALLETS If you buy and sell physical cryptocurrencies you need to make a decision on whether or not you leave your physical cryptocurrencies with your provider.
If you do, you risk they may be hacked. If you do not, you have to learn how to use hardware wallets where one wrong keystroke could mean all funds are lost.
Crytpocurrencies are not widely accepted as payment for goods and services. No need to hold them physically.
- Regulation that protects CFDs are regulated financial products. Physical crypto is not. To the trader that means the firm they deal with is subject to oversight by both regulators, auditors, and best execution committees. With a CFD, you can be sure you are receiving the best price available as it’s a regulatory requirement. You are not guaranteed that with physical crypto.
- Better platforms Our platforms are battle-tested and have been in development throughout indianforex Markets. They are more feature-rich than the newly-established trading platforms of physical crypto companies. You may trade any crypto product you like without regard for what you currently hold in your account.
- Bitcoin (BTC/USD) Bitcoin is a global form of digital currency. Unlike traditional currencies, which were frequently backed by gold and silver, bitcoin is based on distributed computing. While traditional currencies are printed by central banks, bitcoins are created or “mined” by distributed computer networks.
- Ethereum (ETH/USD) Ether is the digital currency used by Ethereum. Ether is the fuel or “gas” used to pay for transactions made on the Ethereum platform. Ether gives participants a reason to contribute resources used by the platform, thereby ensuring a robust network. Further, it provides developers with incentive to write efficient code, as inefficient software programs are more expensive.
- Litecoin (LTC/USD) Litecoin is an open-source, decentralized digital currency that was created in 2011 using code from a Bitcoin client. Because of the close relationship between the two, many have described Litecoin as being the Silver to Bitcoin’s gold.
- Bitcoin Cash (BCH/USD) Bitcoin Cash is a cryptocurrency that forked from Bitcoin in 2017. Its one major difference is that the blocks in bitcoin cash’s blockchain allow far more space and therefore have the capacity to hold significantly more transactions.
- Ripple (XRP/USD) XRP is the native token of the Ripple network. Ripple is a cryptocurrency platform that facilitates exchange between participants via the online space. However, unlike Bitcoin and Litecoin instead of the primary objective being the creation of a decentralized and anonymous peer-to-peer mode of transfer, the target audiences for XRP are traditional banking institutions and is used to settle cross-border and cross-bank transactions transparently.
- EOS (EOS/USD) EOS is the cryptocurrency of the EOS network, a Blockchain platform built for developing dApps (distributed apps). The main aim of EOS is to build a much more scalable, faster, and more efficient version of Ethereum.
