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Which digital currencies are commonly traded using CFDs?

avatarStefan HanDec 30, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that are frequently traded using Contracts for Difference (CFDs)?

Which digital currencies are commonly traded using CFDs?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! Some of the commonly traded digital currencies using CFDs include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are popular choices for CFD trading due to their high liquidity and market demand.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! When it comes to CFDs, popular digital currencies that are commonly traded include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies offer traders the opportunity to speculate on their price movements without actually owning the underlying assets.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers CFD trading for a wide range of cryptocurrencies. Some of the commonly traded digital currencies on BYDFi using CFDs include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). CFD trading allows traders to profit from both rising and falling prices of these cryptocurrencies without actually owning them.