For those looking to embark on the crypto trading experience, IST Markets offers the ideal environment with access to mainstream cryptocurrency CFDs like Bitcoin (BTCUSD), Ethereum (ETHUSD), Litecoin (LTCUSD), and Bitcoin Cash (BCHUSD).
One of the leading crypto brokers, IST Markets has an active 24/7 platform that allows traders to capitalize on market activity at any moment. The platform offers a leverage of up to 1:200 on cryptocurrency pairs, offering short and long positions to investors ready to exploit the volatile crypto markets.
Among the primary advantages of trading crypto CFDs with IST Markets is that traders can exploit leverage.
Up to 1:200 leverage on crypto liquid pairs like ETHUSD and BTCUSD, the traders are in a position to leverage on short-term profits of crypto trading.
High leverage allows the traders to have larger positions without necessarily demanding high capital initially.
For individuals who are curious about how to proceed with crypto trading, IST Markets makes things easy by offering a user-friendly interface as well as an option to trade from multiple platforms for both MT5 and MT4.
Crypto CFDs are interesting to traders as they allow you to place a bet on the price direction of cryptocurrencies without delivering the underlying instrument.
The crypto market is very speculative and newsworthy with high retail trader and sentiment-driven influence compared to other asset classes.
Crypto trading leverage enhances the ability to profit from such price movements without security holding the digital asset itself.
Because there are numerous crypto trading pairs that are listed on IST Markets, investors are able to diversify their portfolio and have access to the various markets of cryptocurrencies.
For example, BTCUSD or ETHUSD trading pairs allow investors to gamble on the price movement of such prominent cryptocurrencies compared to the US Dollar.
These are the favorite of investors because they are liquid and are subject to global market conditions, which is perfect for seasoned traders and new traders who are trading crypto for the first time.
Traders at IST Markets can trade the following cryptocurrency CFDs:
The biggest and most sought-after cryptocurrency, Bitcoin is the foundation of every crypto investment portfolio. Its market cap of over $100 billion positions it as an anchor security in the universe of crypto.
Because of its smart contract functionality, Ethereum has been rumored to be the “next Bitcoin.” It has received the backing of large businesses like Microsoft and JP Morgan.
According to being more able than Bitcoin, Litecoin enjoys faster processing speed and larger supplies of tokens outstanding. Traders often prefer it, opting for the convenience of speed and flexibility.
Focus on anonymity and instantaneous transactions makes Dash a promising value offering to clients wishing to process fast crypto payments quickly.
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.
Whether you’re exploring how to get into crypto trading or are already an experienced trader, IST Markets offers a seamless, secure, and flexible platform for your crypto trading needs.
By offering high leverage, access to a variety of trading pairs, and the ability to trade around the clock, IST Markets stands as a leading crypto trading broker in the industry.
With its solid platform and leverage crypto trading, it’s an appropriate choice for anyone looking to bring their full potential into play where trading in the world of crypto is concerned.
Digital currency trading involves buying and selling cryptocurrencies like Bitcoin, Ethereum, and Ripple with the aim of making a profit from price fluctuations.
IST Markets offers a range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more.
Yes, IST Markets provides leverage options for digital currency trading, allowing you to control larger positions with a smaller capital outlay.
Cryptocurrency markets operate 24/7, allowing you to trade digital currencies at any time through IST Markets.
Utilize tools like stop-loss orders and position sizing strategies to manage potential losses in digital currency trading.
Digital currency trading can be complex and carries significant risk. It's advisable for beginners to educate themselves thoroughly or consult financial advisors before engaging in digital currency trading.
