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Cryptocurrency CFDs

Cryptocurrencies are volatile, unregulated, decentralised and controlled almost exclusively by retail speculators. Trade the world’s newest and most exciting asset class as CFDs with an ASIC regulated Forex CFD Provider.

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.

Cryptocurrency CFDs
Facts
  • Leverage up to 1:5

  • Trade the market 24/7

  • Long or short

  • No commissions

  • REAL live support!

Bitcoin CFD

Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets.
Unlike traditional forms of currency which rely on banks to facilitate transactions, Bitcoin is part of a decentralised online payment network relying on cryptography to pass securely from user to user using Blockchain technology. As a traded currency, Bitcoin works in exactly the same way as any other FX pair.

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.

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.

Dash CFD

Dash’s focus is on instant transactions and owner privacy. Dash has an infrastructure that enables much faster transactions than other cryptocurrencies and therefore displays higher liquidity than many of its counterparts.

Bitcoin Cash CFD

Bitcoin Cash resulted from a hard fork of the Bitcoin blockchain. It increased block size from 1 megabyte to 8 megabytes without incorporating SegWit.

Ripple CFD

Ripple is both a transaction network and crypto token which was created in 2012 as the go-to cryptocurrency for banks and global money transfers, and has recently experienced a period of growth.


How does Crypto CFD
Trading work?

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.


Bitcoin CFD Trading Example

Buying: BTCUSD

The gross profit on your trade is calculated as follows:

Opening the Position

Closing the Position

Opening Price
3910.25 * 2 = USD $7820.50
Closing Price
4200.50 * 2 = USD $8401.00
Gross Profit on Trade
USD $8401.00 – 7820.50 = $580.50
The price of Bitcoin CFD against the US Dollar is 3900.25/3910.25 and you decide to buy 2 contracts at 3910.25.
One month later Bitcoin CFD has increased to 4200.50/4210.50 and you decide to take your profit by selling your 2 contracts at 4200.50 each.

Spread

Cryptocurrency CFD
SYMBOL DESCRIPTION MIN AVG
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