What is Cryptocurrency trading? • OpoForex

Cryptocurrencies

Discover and trade the most popular modern asset classes – Cryptocurrencies!

Trade Cryptocurrencies with Opoforex

Choose a broker that you can trust, the one who supports you with everything that you need to excel as a trader. Millions of traders choose to trade cryptocurrency and here’s why
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Volatility

Even though the market is new, it has been experiencing significant volatility because of short-term speculative interest.

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Improved liquidity

With better liquidity comes better pricing, increased accuracy of technical analysis, and faster transaction times. Cryptocurrency trading has improved liquidity because prices are sourced from multiple venues.

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Market hours

The market is available for trading 24 hours a day for the whole week as there isn’t any centralized governance.

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Ability to go short or long

When you are buying cryptocurrency, you have to purchase the asset upfront with the hope that it will increase in value. Through cryptocurrency trading, you can take advantage of rising as well as falling prices in the market.

What is Cryptocurrency trading?

For a trusted and secure cryptocurrency exchange, use Opoforex
Cryptocurrency trading involves speculating the cryptocurrency price movements through a CFD trading account or an exchange to buy or sell the underlying coins. This way, you don’t have to take ownership of the coins. It allows you to have the option to go long or short, depending on whether the cryptocurrency rises or falls.
Your Favorite Instruments At One Place
Spot Metals
Spot Metals
Spot Metals against the major currencies and stand in good stead
Spot Energies
Spot Energies
The world run on oil! Make profit based on price fluctuations on the market
Forex
Forex
Ultra-tight spreads on the most highly traded currency pairs.
CFD Shares
CFD Shares
Make the most form the price fluctuations both up and down
CFD Indices
CFD Indices
Trade both the rolling cash and future index contact with tied speard

Spreads in Cryptocurrency

Get an overview of ultra-tight spreads in the Crypto market.
SYMBOL FULL NAME CONTRACT SIZE TICK SIZE MARGIN (%) COMMISSION (%) SWAP LONG (POINTS) SWAP SHORT (POINTS)
BTCUSD
BitCoin vs US Dollar
1
0.001
20
1%
-3318
-3318
BTCEUR
BitCoin vs Euro
1
0.001
20
1%
-3012
-3012
BCHUSD
BitCoin Cash vs US Dollar
1
0.001
20
1%
-90
-90
BCHEUR
BitCoin Cash vs Euro
1
0.001
20
1%
-82
-82
ETHUSD
Ethereum vs US Dollar
1
0.001
20
1%
-144
-144
ETHEUR
Ethereum vs Euro
1
0.001
20
1%
-57
-57
LTCUSD
LiteCoin vs US Dollar
1
0.00001
20
1%
-1885
-1885
XRPUSD
Ripple vs US Dollar
1
0.00001
20
1%
-9
-9

More Than Just an FX Broker

Diversify your investment portflio by trading CFDs on than just Forex.

15 Years Industry Experience

Opoforex is formed by industry experts, providing utmost reliability and complete transparency.

Ultra Tight Spreads

Monitor your trading costs and improve profitability with Opoforex. Trade with highly competitive spreads, round-the-clock

Safety of Funds

Your funds are completely safe and secured in segregated accounts, with the protection of negative-balance.

24/7 Customer Service

Our customer service is available in different languages – get in touch with Opoforex without any hesitation.

FAQs

Also known as cryptos, cryptocurrencies are decentralized and digital money that is not regulated by a central bank or a government. Instead, it used encryption techniques for generation, transferring, and regulating their units. It is usually held in virtual wallets and can be used in online stores or for peer-to-peer transactions.
Yes, it is possible to trade cryptocurrencies on leverage, with margin requirements from 20%. It means that if you want to trade 1 cryptocurrency unit, you must have 20% of the value to take the position. Please note that increased leverage means that there is increased risk as well.
It depends on certain factors. If the cryptocurrency was recently introduced, the computing power required to mine the coin is low compared to other, highly-established cryptocurrency. You can get cryptocurrency coins by accepting payment for certain services and goods, buying specific coins from legitimate exchangers, and mining.
Cryptocurrency market is open 24 hours a day, 7 days a week. However, levels of liquidity may vary depending on the time of the day.
There are different pricing models and leading digital asset exchanges used for Forex for offering a volume-weighted average cryptocurrency price..
Extreme volatility Limited number of reputable digital asset exchanges Government banning the currency