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Cryptocurrencies are virtual currencies that typically use a decentralised network to carry out secure financial transactions. Crypto trading, or cryptocurrency trading, is simply the exchange of cryptocurrencies. Like in Forex, you can also buy and sell a cryptocurrency for another, like Bitcoin or altcoin for USD and Euro. With Global Markets’ trading platform you can trade Crypto CFDs – such as Bitcoin, Ripple, Ethereum and Litecoin – by speculating on their price movements, without actually owning them.
One upside of crypto trading is that you can get involved without mining coins yourself – a process that takes time, energy, technical knowhow and a lot of computing power.
Global Markets offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7. Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset. The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.