How does
Crypto Trading Work?
Cryptocurrencies CFD trading involves speculating on the price movements of various digital currencies, such as Bitcoin, without the need to actually own the underlying cryptocurrencies. When trading CFDs, investors enter into a contract to exchange the difference in the price of the cryptocurrency from the time the trade is opened to when it is closed. The aim is to profit from the volatility of cryptocurrency prices.
With CFDs, traders can participate in the cryptocurrency market with increased flexibility and leverage. They have the opportunity to profit by going long (buying) if they believe the price of the cryptocurrency will rise, or by going short (selling) if they anticipate a decline in price. This trading method allows for potential gains in both rising and falling markets.
Cryptos Spreads and Swaps
Cryptos Trading Example
Opening the Position:
For every 0.01 point that the bid quote on BTCUSD rises above $48.050, you will gain $2 (as you own 2 lots), and for every 0.01 point that it falls below $48.050, you will lose $2.
Closing the Position:
The gross profit on your trade is calculated as follows:
Closing Price: $48.450 x 2 bitcoins = $96,900
Gross Profit on Trade: $96,900 - $96,100 = $800
Trade Cryptos with D Prime
Range of Instruments
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Ultra-fast Execution
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Flexible Leverage
Power up your trades with leverage
up to 1:1000.
Start With Less Than $100
Deposit as little as $0–$100 and trade
from 0.01 lot.
Low Costs
Ultra-low spreads from 0.0 pips.
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Frequently Asked Questions
How to Get Started
with D Prime
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