Trading cryptocurrencies via CFDs
PrimeFin cryptocurrencies list
| Symbol | Description | Trading hours | |
|---|---|---|---|
| BTCUSD | Bitcoin vs. USD | 00:00-23:59 | Buy Sell |
| BTCEUR | Bitcoin vs. EUR | 00:00-23:59 | Buy Sell |
| BTCGBP | Bitcoin vs. GBP | 00:00-23:59 | Buy Sell |
| ETCUSD | Ethereum Classic vs. USD | 00:00-23:59 | Buy Sell |
| ETHEUR | Ethereum vs. EUR | 00:00-23:59 | Buy Sell |
| ETHGBP | Ethereum vs. GBP | 00:00-23:59 | Buy Sell |
| DSHUSD | Dashcoin vs. USD | 00:00-23:59 | Buy Sell |
| ETCEUR | Ethereum Classic vs. EUR | 00:00-23:59 | Buy Sell |
| ETCGBP | Ethereum Classic vs. GBP | 00:00-23:59 | Buy Sell |
| ETHUSD | Ethereum vs. USD | 00:00-23:59 | Buy Sell |
| LTCEUR | Litecoin vs. EUR | 00:00-23:59 | Buy Sell |
| LTCGBP | Litecoin vs. GBP | 00:00-23:59 | Buy Sell |
| LTCUSD | Litecoin vs. USD | 00:00-23:59 | Buy Sell |
| BTGUSD | Bitcoin Gold vs. USD | 00:00-23:59 | Buy Sell |
| DSHEUR | Dashcoin vs. EUR | 00:00-23:59 | Buy Sell |
| DSHGBP | Dashcoin vs. GBP | 00:00-23:59 | Buy Sell |
What are cryptocurrencies?
Cryptocurrencies are particular digital assets based on Blockchain technology. In turn, Blockchain is an advanced record-keeping technology spread horizontally across multiple computers all around the world. Unlike government-issued currencies, cryptocurrencies like Bitcoin aren’t issued and backed by any government or bank. Instead, cryptocurrencies are decentralized and secured.
The most popular cryptocurrencies for CFD trading
Launched in 2009, Bitcoin has become the largest cryptocurrency by market capitalization and given rise to a bunch of digital currencies known as altcoins. Since those times, the market capitalization of cryptocurrencies has drastically grown and reached an eye-popping $2.3 trillion.
Apart from Bitcoin, there are also other cryptocurrencies highly valued by traders. For example, Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Libra (LIBRA), Monero (MXP), Dogecoin (Doge), and others.
How to trade CFDs on digital currencies?
PrimeFin offers CFDs on most cryptocurrencies. Thanks to CFD trading, there is no need to own the asset to speculate on the price changes. But CFD trading doesn’t exclude losses since the crypto market is highly turbulent and volatile. So carefully study the market and analyze trading signals before making a bid.