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Cryptocurrencies

The volatility and unpredictability of cryptocurrency make this the new frontier of financial trading. Bitcoin and the altcoins are surrounded by speculation and uncertainty, which is potentially what makes them so appealing. Brave traders could find a lot of opportunity in the crypto trading market, especially as the sector matures. Infinox offers you the opportunity to trade CFDs in some of the most popular cryptocurrencies including Bitcoin and Ethereum.

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Long or Short

CFDs traders can speculate on the rise or fall of crypto value which isn’t possible when buying the asset.

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Volatile Market

Risk and reward ratio can be higher than traditional markets.

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The Future of Currency?

No central regulation and new blockchain technology. Could crypto be the future of money?

Trade Cryptocurrencies with Infinox

Trading cryptocurrency CFDs with Infinox is a great way to explore cryptos and speculate on their changing value versus traditional currency. By using CFDs you’re not actually holding any cryptocurrency, but speculating on the rise or fall in their price. As a young market cryptocurrency is constantly shifting, with regular developments and announcements affecting the value. By trading CFDs in cryptocurrency, you’ll be able to get leverage of 2:1 on some of the most popular crypto/Dollar pairs. If you’re looking to buy or sell crypto CFDs, Infinox offer a fast and secure platform for your trading.

This table gives an indication of the margin requirements and pip values for a few of our most popular currency pairs:

Symbol Product Typical Spread Leverage
BTCUSD Bitcoin 1025 1:2
XETUSD Ethereum 151 1:2
XLCUSD Litecoin 151 1:2
XRPUSD Ripple 100 1:2
XBNUSD Bitcoin Cash 451 1:2

To see a complete list of spreads, margins and leverages for all Infinox products click here

Cryptocurrencies Trading Example

 

Example BTCUSD

Buy 1 Bitcoin (BTCUSD) @ 3686.90
[email protected] 4798.90
Lots: 1 (equal to 1 x 3686.90)
Leverage: 1:2

Required margin = Contract Size / Leverage
1*$3686.90/2
= $1843.45

What will be your profit?
(Close Price – Open Price) * Contract Size * Lots
(4798.90 – 3686.90)*1*1
= $1112.00

Example XETUSD

Buy 1 Eternal Token (XETUSD) @ 0.4408
Close @ 0.4518
Lots: 1 (equal to 1 x 0.4408)
Leverage: 1:2

Required margin = Contract Size / Leverage
1*$0.4408/2
= $0.2204

P&L = (Close Price – Open Price) * Contract Size * Lots
(0.4518 – 0.4408)*1*1
= $0.011

Example XRPUSD

Buy 1 Ripple (XRPUSD)@ 0.3343
Close @ 0.3843
Lots: 1 (equal to 1 x 0.3343)
Leverage: 1:2

Required margin = Contract Size / Leverage
1*$0.3343/2
= $0.1672

P&L = (Close Price – Open Price) * Contract Size * Lots
(0.3843 – 0.3343)*1*1
= $0.05

Market Sentiment Analysis

Staying up to date with market developments is one of the most important factors of financial trading. Do your research, keep your ears to the ground and you could be one step ahead of the Bull and the Bear. IX Labs is our unique tool which uses AI to read thousands of unique news items per day, indicating market sentiment from across the industry in a bold visual style. See at a glance what traders are saying. Read the important headlines from within your trading platform and be among the first to know which way the market is heading.

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