Open an MT5 account to go long or short on Bitcoin, Ethereum, Litecoin and Ripple.
Why Trade Cryptocurrencies with Eightcap
No wallet required
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Trade Cryptocurrencies on MT5
What is Cryptocurrency Trading?
Cryptocurrencies are digital currencies which are secured by cryptography and exists on a decentralised ledger based on blockchain technology. Many people favour cryptocurrency due to the lack of a central authority which means there is no interference from the government, it can't be manipulated, and most importantly it's almost impossible to counterfeit cryptos.
Similar to Index CFDs, Cryptocurrencies can be traded via a derivative that allows traders to take a long or short position. Traders won’t own the underlying cryptocurrency, but they will ‘own’ any movement in the price when they hold a position.