How To Trade Crypto Currency with Deriv by Vince Stanzione - Crypto CFDs

How to Trade Cryptocurrency with Deriv

CONTENTS Chapter 01.

Introduction

Chapter 02.

Types of cryptocurrency

Bitcoin

Altcoins

Etherium

The basics of trading cryptocurrency

Trading cryptocurrency with Deriv

What is a CFD?

Example of a CFD trade on cryptocurrency

Swap charges

CFD trading: order types

Market orders

Pending orders

How to evaluate a cryptocurrency

Fundamental analysis

Technical analysis

Final note

Appendices

Glossary

Chapter 03.

Chapter 04.

Chapter 05.

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How To Trade Crypto Currency with Deriv by Vince Stanzione - Crypto CFDs

Published on Oct 8, 2021

Vince Stanzione

THE BASICS OF TRADING CRYPTOCURRENCY This guide focuses on trading cryptocurrencies, which gives the clients the opportunity to profit from their price movement without buying and selling the actual digital coins. I will also explain how to use leverage to hold a larger position than Just buying and holding outright. With Deriv, you can trade a derivative known as a contract for difference (CFD), so the actual Bitcoin or any other cryptocurrency never changes hands (read more about CFDs in the next section). In other words, you trade on the price of the underlying cryptocurrency rather than owning it. Deriv plans to introduce cryptocurrency trades on its multipliers too, which are accessible on DTrader and the Deriv GO mobile app. One of the major appeals of cryptocurrency trading is that it is available 24 hours a day, 7 days a week. The market is never closed, nor is Deriv. https://deriv.com/markets/cryptocurrencies/

Articles inside

How To Trade Crypoto Currency with Deriv by Vince Stanzione - Crypto CFDs

4min

pages 5, 7, 9-11

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