Instead of buying them through a crypto currency exchange at Lamda Brokers, you can trade crypto currency for differences (CFDs). Therefore, having a solid understanding of different crypto currencies and CFDs can make trading much easier.
How can I buy Crypto currencies with CFDs?
With Lamda Brokers, you can trade a crypto currency CFD:
The foreign exchange market is the largest in the world. Trading currencies consist of buying at the same time as selling another. While foreign exchange is practiced by holidaymakers and others who go abroad for practical purposes, it can also be made for profit in the market.
As mentioned earlier, crypto currencies are often traded and exchanged and require a virtual wallet to hold them. They may be slow to obtain, restrictive in use, and expensive to maintain. However, our customers can purchase the crypto currency over CFD without taking ownership of the crypto currency.
Log in to your Lamda Brokers trading platform to access our crypto currency, all traded against the US dollar (USD). When you open a CFD position, instead of taking the actual ownership of the crypto currencies, you will trade whether the price of the crypto currency will rise in relation to the US dollar. As with all CFDs, if you are right, you make a profit; If you are not, you will loss making.
Advantages of Crypto Currency CFD Trading
with Lamda Brokers
- Commercial size flexibility - at least 1 CFD equals 1 crypto currency
- Activate long or short price increases or downtrend
- Pricing is available to all customers in our trading platform
- Simple account opening and financing process
- 24 hours a day, 7 days a week customer service