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Crypto

With Cryptocurrencies becoming an increasingly popular types of investment, it is vital that you as a trader have the opportunity to trade with them. With a total market cap of just over $500 billion this asset class is seeing massive forward momentum, and you have the opportunity to profit from this global movement as an investor.

 


Cryptocurrency is a digital currency for which encryption techniques are used to regulate its use and generate its release. Unlike regular currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities. Instead, it relies on the power of the Internet to guarantee its value and confirm transactions. Users on a network verify every transaction, and those transactions then become a matter of public record. This prevents the same digital currency or coin from being spent twice by the same person. More and more investors are turning to Crypto trading, as the volatility in the Crypto market makes it a very attractive profit opportunity. We offer to trade in a wide range of Cryptocurrencies including Bitcoin, Litecoin, Ethereum, Dash coin and others. Our asset list is sure to satisfy both the novice and more experience cryptocurrency traders.


In essence, crypto or virtual currency is another developing class of advanced resources intended to function as a medium of trade and different business purposes that uses cryptography to secure its exchanges.

We supply you with the chance to trade CFDs on major cryptographic forms of currencies.

+ CFDs on cryptocurrencies:

#

Trading Symbol

Description

Min. Position

1 Lot Size

Leverage

Trading Hours (GMT)

1

BTC/USD

Bitcoin vs USD

0.01

1

1:2

Sunday 23:00 Sun - Friday 22:00

2

ETH/USD

Ethereum vs USD

0.01

1

1:2

Sunday 23:00 Sun - Friday 22:00

3

LTC/USD

Litecoin vs USD

0.01

1

1:2

Sunday 23:00 Sun - Friday 22:00

4

BCH/USD

Bitcoin Cash vs USD

0.01

1

1:2

Sunday 23:00 Sun - Friday 22:00

5

XRP/USD

Ripple vs USD

0.01

1

1:2

Sunday 23:00 Sun - Friday 22:00


The access to trading digital forms of currency (CFDs) might be offered to above classifications of customers only on the basis of their inquiries, relevant test completion and the subsequent acceptance of risk hazards by them.


CFDs in cryptocurrencies trading must know

 

i.         There is no EU administrative structure administering the exchanging of such items.

ii.        Trading of such products is not covered by MiFID and therefore falls outside the scope of the Company MiFID regulated activities.

iii.        A number of risks is associated with these items: market risk (high volatility), counterparty risk (risk of default of crypto exchange and crypto CFDs liquidity provider), regulatory risk (including risk of limitation of use of cryptocurrencies), technology risk (including risk of so-called “forks” of cryptocurrency blockchain) and other risk, including unidentifiable ones.

iv.        CFDs on cryptocurrencies are extremely volatile, therefore it is a speculative investment and you may bare significant or total losses of your investment capital. Before proceeding with trading, you need to ensure you fully understand the risks involved by taking into consideration your level of experience and investment objectives. Seek independent advice, if necessary.

v.         CFDs on cryptographic forms of currencies are not appropriate for all investors and in this manner, you should not trade in such products if you don’t have the necessary knowledge and expertise in this specific product. You ought to dependably be completely mindful and comprehend the particular qualities and dangers identified with these items.

vi.        CFD trading where the basic resource is a digital money: you ought to know that the cryptographic forms of money are not affirmed to be perceived as the financial instrument for the reasons for MiFID.

vii.       CFDs on cryptographic forms of money are not affirmed to be secured by MiFID and in this way exchanging these falls outside the extent of the CIFs' directed exercises. As an outcome, you

                     a.                Are NOT entitled to any insurance under the Investors Compensation Fund in such manner, AND

                     b.               Have NO right to report to the Cyprus Financial Ombudsman if there should be an occurrence of in the case of dispute with the company; despite any different mention(s) on same in our Terms and Conditions, that is viii. a. & b. overrule.


When trading in CFDs on cryptocurrencies, you represent and warrant to us that you fully understand, acknowledge and consent to/with all the previously mentioned risks and extra dangers related to this type of trading, as set out above. To evade uncertainty, all other pertinent terms of Terms and Conditions (Client Agreement), are completely relevant to you when you exchange CFDs on cryptographic forms of money.