The RevoTrade 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.
How does Crypto CFD
Bitcoin is a digital cryptocurrency that derives its value from supply and demand factors unique to this asset class.
Bitcoin is available in a finite supply and therefore increases in price as demand increases.
Demand stems from speculative sources and more practical sources, for example Internet purchases paid for in Bitcoin.
Bitcoin also has a tendency to react to market sentiment in more traditional markets such as equities and foreign exchange, increasing during periods of negative sentiment.
|BTCUSD||Bitcoin vs United States Dollar CFD||5.000||10.000|
|BCHUSD||Bitcoin Cash vs United States Dollar CFD||5.000||6.000|
|ETHUSD||Ethereum vs United States Dollar CFD||4.000||4.500|
|LTCUSD||Lite Coin vs United States Dollar CFD||3.000||3.500|
|DSHUSD||Dash Coin vs United States Dollar CFD||4.000||5.000|
|XRPUSD||Ripple vs United States Dollar CFD||0.015||0.016|
|EOSUSD||EOS vs United States Dollar CFD||0.160||0.160|
|EMCUSD||Emercoin vs United States Dollar CFD||0.270||0.270|
|NMCUSD||NameCoin vs United States Dollar CFD||0.650||0.750|
|PPCUSD||PeerCoin vs United States Dollar CFD||0.350||0.550|