5 reasons to trade Cryptocurrencies
Trading Cryptocurrencies using CFDs
Cryptocurrencies are digital assets that exist electronically and can be traded like any other asset. The easiest way to buy or sell cryptocurrencies is by speculating on the price through derivatives like CFDs. You won't need a digital wallet or cryptocurrency exchange, but you can use a normal Pepperstone trading account to access the most popular cryptocurrency markets, such as Bitcoin.
Bitcoin trading has little history like commodity or currency trading, but the same principles apply when you start: You are speculating on the price movements of Bitcoin in either direction, using your knowledge and expertise.
By trading with Pepperstone and using CFDs, you don't take ownership of the underlying coins, which means you don't need to store any tokens.
5 Reasons to trade Cryptocurrency CFDs with Pepperstone
We access multiple liquidity providers and external pricing sources, which means our spreads are always competitive. Our suite of costs allows you to actively trade any cryptocurrencies, no matter what timeframe you use, and they can be especially cost effective for higher frequency traders.
Enjoy automated, one-click dealing on all of our platforms. You can monitor, analyse and manage your positions in cryptocurrency markets through Pepperstone’s industry-leading MT4, MT5 and cTrader trading platforms. These deliver seamless trading with lightning fast execution speeds.
3. Customer support
Multilingual, round the clock support is crucial for traders who want to focus on cryptocurrency markets. Pepperstone gives you the knowledge and expertise of industry-leading research analysts who can make sense of volatility and the wider market news. Free educational resources including webinars and trading guides round up our comprehensive award-winning support package. Keep on top of market movements with our Bitcoin news and analysis.
4. RegulationPepperstone is a multi-licensed and regulated firm who traders can trust with the security of their funds. Your money is held in segregated accounts only in tier 1 regulated banks. You can fund or withdraw from your account instantly.
5. Flexibility in approach
There is no need for an exchange account, as Pepperstone offers you the best prices from external exchanges direct to the trading platform. You can go long or short across multiple coins, including crypto indices, buying and selling as the price rises or falls. Most importantly, our full range of risk management tools can safeguard your capital.