Cryptocurrency CFD

 How to trade digital cryptocurrency CFD?

There are two ways to trade cryptocurrency: one is to buy low and sell high; The other is to trade through CFD contract for difference, in which traders do not really own cryptocurrency.

To trade cryptocurrency CFD, you need to

  • 1. Apply for an account
    Contract for difference trading does not need to open cryptocurrency exchange account, nor does it need cryptocurrency wallet to store virtual currency. You just need to open an account with the trading platform.
  • 2. Do your homework
    Many factors that affect traditional currencies may not affect cryptocurrencies. You need to understand how the cryptocurrency market is changing.
  • 3. Develop your own trading strategy
    According to their own goals and wishes to develop their own trading strategy is the key to success.
  • 4. place an order
    Build positions and set closing conditions. If you see more cryptocurrency, click "buy"; If you are short, click "sell".
  • 5. close a position
    Once the target price is reached, or the stop loss is considered, close the position and backhand long or short.

Please note that contracts for differences are leveraged transactions. You only need to invest a small amount of money to get the full position value. While amplifying the potential profit, your potential loss may exceed the invested principal.

You will benefit a lot from CFD contract for difference trading in Beefy Coin Limited:

Flexible proportion, adjust according to customer demand, fully enhance purchasing power, greatly increase market opportunities
Long short two-way trading, even in the market during the fall also have the opportunity to profit
Lightning order execution speed, low latency
Accurate and transparent quotation, high liquidity and thin point difference

 

Beefy Coin Limited CFD contract details

Platform products Minimum number of transactions per transaction Transaction time
Beijing time (GMT + 8)
BTC/USD 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)
ETH/USD 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)
LTC/USD 0.1 Monday to Saturday15:00-04:59
FIL/USD 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)
DOT/USD 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)
DOGE/USD 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)
USDT 0.1 Monday to Friday
7 * 24 06:00-05:00 (summer)
2 7 * 24 07:00-06:00 (winter)