Altcoins Talks - Cryptocurrency Forum
Further Discussions => Trading (Not crypto) => Topic started by: Alston Liu on February 20, 2024, 10:15:52 AM
-
Crypto investments have surged in popularity, offering diversification and potential financial gains. Nowadays, more and more investors are enjoying trading. Buying traditional assets like stocks and commodities using cryptocurrencies is very popular. Tokenized assets and crypto-related ETFs have also gained a lot of attention. Today, we are going to focus on another favored choice of many investors: CFDs
A CFD is a derivative product that enables traders to speculate on price movements without owning the underlying asset. It allows investors to profit from both rising and falling markets. Most importantly, the power of leverage can amplify potential gains with a small amount of funding.
Example
Trade EUR/USD. Assume the exchange rate is 1.00000. Spread is 0
If 1 lot is €100,000 which will be 100,000USDT
You trade 0.05 lot of euros, buying € 5000 which’s supposed to cost 5000USDT
Since the leverage is 200, your actual investment will be 25USDT
When the exchange rate rises to 1.03000, you sell €5000 and receive $5150
Eventually, you invest 25 USDT and get 150 USDT profits
Though many investors are familiar with CFDs and have experienced them with different platforms, not all of them accept deposits with cryptocurrencies. JRFX.com is a leading trading platform that enables investors to trade CFDs using cryptocurrencies. With a minimum deposit of only 1 USDT, investors can access a wide range of CFD instruments, including stocks, indices, forex, commodities. With the minimum spread down to 0 and 0 commission fees, JRFX.com provides investors with one of the best trading environments in this industry. You can use the invitation code 65147 when you register
The content provided is for informational purposes only and should not be considered as financial advice. Trading CFDs and other financial instruments involve a high level of risk and may not be suitable for all investors.