Trading cryptocurrencies at CAPEX offer unique and amazing benefits. Trading cryptocurrency as CFDs provide exceptional advantages over owning the asset. We at CAPEX offer the best way to trade crypto CFDs and boast 1:2 leverage to increase your positions even further. Read on to take in some of the biggest benefits of trading crypto at CAPEX.
High liquidity
There are few markets in the world as liquid as the cryptocurrency market. Liquidity is important for ensuring fast trading, as it dictates how quickly and easily it is to sell an instrument. As a CFD trader, we offer deep liquidity making your transactions as cost effective and efficient as possible.
24/7 marketplace
Unlike any other marketplace like stocks or forex that rely on an exchange that has an opening and closing time, cryptocurrency can be traded 24/7. At CAPEX, investors can trade cryptocurrency CFDs whenever they want – the marketplace is always open for business!
High volatility
Generally, high volatility could be considered a negative concept. High volatility means that cryptocurrencies are prone to large swings in valuation. If you own a cryptocurrency, this would certainly be annoying and potentially devastating. Bitcoin rose exponentially in 2021 before halving its value almost overnight – not great for bitcoin owners but perfect for CFD traders who can invest in both long and short speculative trades. An informed trader can certainly take advantage of big volatility.
Security
The beauty of trading cryptocurrencies as a CFD is that you have nothing to hold, own, or look after. Crypto CFDS at CAPEX are not a physical or virtual asset that you need to store. You’ll benefit from the safe and secure SSL encryption protocols when using CAPEX platforms and hackers can’t steal your investments.
Short a crypto
Remember you can trade crypto CFDs in any direction at CAPEX. That means you can short a cryptocurrency and profit on its decline. Imagine shorting bitcoin just before it halved its value in 2021. You can use a profit-limit order to take your winnings before the trend reverses too!
Fast sign up
You can access the CAPEX platform in minutes with a fast registration process. Open an account in less than 2 minutes and it only takes several minutes to complete the Know Your Customer (KYC) procedures to verify your account. Best of all, the super-fast sign-up process can be completed on the CAPEX mobile trading app too. You’ll be trading in next to no time at all!