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CRYPTO CURRENCIES

CRYPTO CURRENCIES

Cryptocurrency -CFDs

Cryptocurrencies are virtual currencies which operate independently of banks and governments, but can still be exchanged – or speculated on – just like any physical currency.

Bitcoin, the most popular Cryptocurrency, is a cryptographically-secured digital currency that operates outside of the mandate of a central authority.

This means Bitcoin is used first and foremost as an investment, resembling gold and other precious metals more than it does traditional currencies. Like commodities, it is beyond the direct influence of a single economy, and largely unaffected by changes in monetary policy.

Advantages of CFDs on Cryptocurrencies:

Unlike traditional trading of Cryptocurrencies, contract for difference (CFDs) on Cryptocurrencies, are financial instruments that allow traders to invest and take advantage of both prices moving up (going long) or prices moving down (going short) without having to pay for owning the Cryptocurrency itself.

Online trading with DVTAS

Maximize the full potential with tight spreads, superior executions and analysis

BTCUSD
LTCUSD
ETHUSD

MT4 Cryptocurrency CFD's Revised Terms from January 2020

Date Bitcoin vs US Dollar Bitcoin ABC vs US Dollar Ethereum vs US Dollar Litecoin vs US Dollar Ripple vs US Dollar
Contract Symbol BTCUSD BABUSD ETHUSD LTCUSD XRPUSD
Contract Term Rolling spot Rolling spot Rolling spot Rolling spot Rolling spot
Contract size 10 Bitcoin 100 Bitcoin ABC 100 Ethereum 100 Litecoin 10,000 Ripple
Trading Hours (GMT)
23:01 - 21:00 (Sun-Fri) Winter Time
22:01 - 20:00 (Sun-Fri) Summer Time
23:01 - 21:00 (Sun-Fri) Winter Time
22:01 - 20:00 (Sun-Fri) Summer Time
23:01 - 21:00 (Sun-Fri) Winter Time
22:01 - 20:00 (Sun-Fri) Summer Time
23:01 - 21:00 (Sun-Fri) Winter Time
22:01 - 20:00 (Sun-Fri) Summer Time
23:01 - 21:00 (Sun-Fri) Winter Time
22:01 - 20:00 (Sun-Fri) Summer Time

The value of cryptocurrencies tends to change very quickly, the price is derived from the continued confidence of market participants. There is no guarantee that the crypto currencies’ value will remain stable. The characteristics of cryptocurrencies mean that legal or technological changes experienced by a virtual cryptocurrency exchange may result in the potential for permanent and total loss of value or the total loss of the availability of prices. dvtas has no control over movements in the underlying prices, which may be volatile and unpredictable. Those movements will affect dvtas’s prices, whether or not you can open and close a position and the price at which you can do so.

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