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Markets & hours

Crypto CFD

A crypto CFD is a contract on the price of a cryptocurrency, such as bitcoin, against a currency like the US dollar. You trade the price movement without holding the coins or a wallet, and crypto prices can be very volatile.

Also called: cryptocurrency CFD, bitcoin CFD, crypto trading

Hypothetical example

Hypothetically, you buy a bitcoin CFD at $60,000 on 0.1 BTC. A move to $63,000 is a $300 gain; a move to $57,000 is a $300 loss.

Used in these guides

Basics7 min read
What is a CFD (contract for difference)?
How a contract for difference works, what it costs, and why leverage makes it a high-risk product.
Markets & hours8 min read
Forex market hours in Mexico, Colombia, Chile, Peru and Argentina
When the Sydney, Tokyo, London and New York sessions open and close in your local time, and how daylight saving time moves them.

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