What is the difference between trading litecoin CFDs and trading litecoin futures?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we offer trading litecoin CFDs as a way for traders to speculate on the price movements of litecoin. Our CFDs allow you to trade on the price difference between the opening and closing of a contract, without actually owning the litecoin. This means you can profit from both rising and falling prices, and you have the flexibility to go long or short on the market. However, it's important to note that CFD trading carries risks, including the possibility of losing more than your initial investment. Make sure to educate yourself and understand the risks involved before trading CFDs.
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