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When you trade Cryptocurrency CFDs, you don’t own the underlying asset. Crypto CFDs are traded in pairs, which means that you speculate on the price of the base currency rising or falling against the quote currency. CronoMarkets offers Cryptocurrency pairs where the base currency is a Cryptocurrency and the quote currency is a fiat currency (e.g LTC/USD). If your prediction is correct, you make a profit, which is the difference between your order’s opening and closing price.
CronoMarkets offers 13 Crypto pairs that you can trade with a leverage of up to 1:25. Cryptocurrency CFDs trading is the easiest way to enter this exciting market as don’t need a crypto-wallet and you pay no transaction fees as you would do with physical Cryptocurrency trading.
Additionally, you run no risk of losing your money due to malicious attacks as it sometimes happens with crypto-exchanges.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trade with a safe, reliable and fast premium broker.
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