Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. .
A cryptocurrency is an encrypted data string that denotes a unit of currency. It is monitored and organized by a peer-to-peer network called a blockchain, which also serves as a secure ledger of transactions, e.g., buying, selling, and transferring. Unlike physical money, cryptocurrencies are decentralized, which means they are not issued by governments or other financial institutions.
Cryptocurrencies are created (and secured) through cryptographic algorithms that are maintained and confirmed in a process called mining, where a network of computers or specialized hardware such as application-specific integrated circuits (ASICs) process and validate the transactions. The process incentivizes the miners who run the network with the cryptocurrency.
Bitcoin, Ether, Litecoin, and Monero are popular cryptocurrencies.
The oldest type of trading, notably for futures, is probably commodity (or "commodities") CFD trading. You can trade on the performance of commodities rather than physically holding the assets thanks to them.
Register a profile and open a trading account in your Members Area.
To start trading, you have to have as little as 10 USD on your trading account.
You can invest in Cryptocurrencies 24/7 from anywhere in the world.