Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The vast majority of retail client accounts lose money when trading CFDs.

You should consider whether you can afford to take the high risk of losing your money.

Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail client accounts lose money when trading CFDs.
Important Notice - Fraud awareness
Important Notice - Scam alert
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
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Ten Best Cryptocurrency CFDs

A couple of altcoins have shown excellent stability since their creation many years ago and are recommended for trading as CFDs as they brought the traders good profits. These coins include:

Ten Best Cryptocurrency CFD to trade today
NAME SYMBOL
Bitcoin BTC
Ethereum ETH
Polkadot DOT
Cardano ADA
Binance Coin BNB
Dogecoin DOGE
Uniswap UNI
Stellar Lumens XLM
Litecoin LTC
Chainlink LINK

The crypto market is currently bursting with bullish movement after a long bearish dominance since the first quarter of the year. The month of April has brought green life to crypto again, with most coins creating new highs again and trying to revisit their previous all-time high.

Bitcoin prices are currently ranging above support at $46k, which is a good sign that other coins should keep pumping. Ethereum is presently above its significant resistance at $3500, suggesting that the bulls are entirely in control in April.

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What are the advantages trading Cryptocurrency CFDs VS Spot?

Trading cryptocurrencies as CFD, especially using a transparent broker like ATFX, affords the trader many advantages. Below are the exciting facts about trading Cryptos as CFDs:

  • Leverage: Trading cryptos as CFDs allow the trader to maximize his profits through leveraged trading. ATFX provides their traders with as much as 1:1000 leverage for trading cryptocurrency as CFD today.
  • Opportunity to make profits from buying or selling: trading cryptos as CFD often becomes preferable as it allows the trader to profit from all market movements. The trader can go long (Buy) when the market is in an uptrend and short (Sell) when the market is set to revise. This means the opportunity of making profits is unlimited.

    cryptocurrencies

  • Hedging: Trading Cryptos as CFDs allows the trader to guard against excessive loss by hedging. This means the trader could enter different positions at once to sustain his account in cases of sudden reversals.
  • Low Spreads and Fast Executions: ATFX offers very low spreads for trading cryptos as CFD. ATFX is an award-winning broker with an excellent record of fast execution for all orders placed as CFDs. This means the trader has the advantages of trading cryptos today as CFDs with low spreads and fast execution using ATFX.
Last Updated: 08/04/2022

This market commentary and analysis has been prepared for ATFX by a third party for general information purposes only. Any view expressed does not constitute a personal recommendation or solicitation to buy or sell as it does not take into account your personal circumstances or objectives, and should therefore not be interpreted as financial, investment or other advice, or relied upon as such. You should therefore seek independent advice before making any investment decisions. This information has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. We aim to establish and maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. The market data is derived from independent sources believed to be reliable, however we make no representation or warranty of its accuracy or completeness, and accept no responsibility for any consequence of its use by recipients. Reproduction of this information, in whole or in part, is not permitted.


 

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