Cryptocurrency CFD trading allows you to speculate on the price movements of cryptocurrencies (like Bitcoin or Ethereum) without owning the underlying asset. You trade on price changes, either long (buy) or short (sell). 

When you buy cryptocurrencies directly, you own the asset and store it in a digital wallet. With CFDs, you're entering a contract with a broker to exchange the difference in price between the time you open and close a position – without owning the asset.

By trading crypto CFDs you are typically able to trade on margin, meaning you can amplify your potential profits and losses relative to your initial investment. You can also choose to short sell the underlying cryptocurrency if you think the price is likely to fall. 

No. You’re not buying the actual cryptocurrency, so there's no need for a digital wallet. 

-Trading sessions start at 00:05 instead of 00:01 only in Pepperstone Platform

*(MT4 platform closes at 23:49 UTC+2)

Like all financial markets, crypto prices are affected by a range of factors, including:

• Limited supply: Coins like Bitcoin have a capped supply, creating scarcity
• Mining/Issuance rate: Coins with slower or declining issuance (eg halving events) can see upward pressure on price
• Market sentiment driven by things like news, celebrity and influencer endorsements, social media trends, reports of security breaches and fraud 
• Regulatory changes and government policies (eg relating to taxation) 
• Broader economic conditions – eg inflation, interest rates, strength of fiat currencies 
• Technological developments that make crypto more or less appealing
• Adoption by institutions and corporation like banks and hedge funds

• A lack of liquidity on smaller exchanges, which can lead to sharp price swings 

All our CFD instruments, including those based on cryptocurrencies, are offered under our CySEC regulation. However, please remember, underlying cryptocurrency markets remain unregulated and involve significant risk.