The Blade FX Markets Cryptocurrency CFD product allows traders to go long or short without actually holding the Cryptocurrency. This means traders can get exposure to the price of the Cryptocurrency without worrying about the security risks associated with storing it and the counterparty risk from the exchange. This is similar to trading Energy Futures such as oil rather than owning physical oil to speculate on its price.
Buy or sell cryptocurrencies with Blade FX
“Price movements on Cryptocurrencies like Bitcoin or Ethereum are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency CFDs an exciting product for aggressive and experienced day traders.”
Join a strong crypto community
Buy Bitcoin, Ethereum, and 350+ cryptocurrencies with EUR.
Bitcoin CFD
The first and largest cryptocurrency, Bitcoin paved the ways for hundreds of similar currencies and boasts a market cap of over $100 billion.
Ethereum CFD
The world's second-largest cryptocurrency, it is labelled by many as 'the next Bitcoin'. Ethereum has received international recognition and support from giant organisations such as Microsoft, JP Morgan, and Intel.
Polygon Matic CFD
Ethereum blockchain is used in the Polygon platform, which can connect and evolve Ethereum-compatible projects and blockchains. It uses a modified proof-of-stake consensus mechanism.
Tezos CFD
Tezos is a decentralized and Proof of Stake blockchain network that can perform peer-to-peer transactions and assists as a platform to arrange smart contracts.
Polkadot CFD
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable, heterogeneous, multi-chain technology.
Litecoin CFD
Designed by a former Google engineer to improve upon Bitcoin's technology, Litecoin offers quicker processing times and a larger number of tokens. It is also the first cryptocurrency to implement SegWit, a method of speeding up transaction times without compromising the underlying blockchain technology.
Cryptocurrencies (Crypto) are virtual currencies that typically use a decentralised network to carry out secure financial transactions. With Blade FX’s trading platform you can trade Crypto CFDs – such as Bitcoin, Ethereum and more – by speculating on their price movements, without actually owning them.
- No need to have an exchange account or use a special wallet.
- Trade in any direction – Selling is just as accessible as Buying.
- Available 7 days a week, 24 hours a day.
Trading crypto CFD involves the buying and selling of cryptocurrencies Contracts for Difference. Cryptocurrencies are digital currencies that operate on blockchain technology, allowing secure and transparent transactions without the need for an intermediary. To trade on the cryptocurrency market, traders can refer to platforms offering cryptocurrency CFDs such as Blade FX. These platforms enable crypto trading without the necessity of a cryptocurrency wallet.
I want to be Blade FX