Cryptocurrency Trading

Cryptocurrency is no more a distant fruit. It is well within the market transaction on a daily basis. Through CFDs, Crypto Trading has taken a new avatar.

What is Crypto Trading?

Chiefly, cryptocurrency trading works as a derivative, guessing on the price movements, without taking ownership physically or virtually.

Blockchain nowadays has become an overused word. It is a shared registry of recorded data with utmost security and umpteen possibilities. Cryptocurrency stems its growth from Blockchain, ascertaining belief and custody.

It is still a taboo for traders and they treat cryptocurrency as a market for the elite and the experienced. Trust plays a vital role in owning a crypto depending completely on its reception and revenue. However, ways are emerging establishing trust and reliability in the form of CFDs.  


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How to do Cryptocurrency Trading?

You can gain profit in Cryptocurrency trading, by reasoning on the price movements in either direction: rise or fall.

  • Get into a CFD for a Cryptocurrency.
  • Choose either downward movement or upward movement
  • Make note of the current value (Value Point 1)
  • Observe its progress meticulously
  • When you foresee profit, wait for it.
  • When you foresee loss, you can close the contract.
  • At the time of closing the contract, make note of the value. (Value Point 2)
  • In case of profit, you will get paid.
  • In case of loss, you will pay.
  • The price difference between Value Point 1 and 2 determines whether it is a profitable trade or not.

The fundamental trade principle of supply and demand moves the cryptocurrency market, as it does for all the other financial markets and instruments.

There is a standard mode of trading cryptocurrencies through buying for a lesser price and selling it for a higher price. With CFD, it gives you a better position in terms of choosing the market movement. In the regular mode, you don’t get to choose whether the crypto market would come down or go up, whereas through CFDs, you get a chance to choose, based on your market research.

Cryptocurrency market thrives from the following in a steady pace.

  • Unbeatable surge in demand among both new and experienced traders
  • Surplus supply
  • Higher floatage of awareness through media outreach
  • Strong grip in the existing trading system through seamless integration
  • Aspirations getting higher and better

Key Advantages of Cryptocurrency Trading through CFDs:

  • Easier to understand
  • Access to monitor the entire process
  • Choose the price movement: rise or fall
  • No risk of ownership
  • Varied options to choose from
  • International Market Access
  • No fixed expiry date for the contract
  • Crypto trading guide is available

What makes MintCFD the best site for Cryptocurrency Trading?

  • Zero Brokerage fees
  • Choose from a wide variety of Cryptocurrencies across the world
  • 100x Leverage: 100x of your deposit amount can be used for trading. With smaller capital, trade larger units.
  • Monitoring, Management and Mitigating tools
  • Safer to execute orders
  • Get to choose the best cryptocurrency pair
  • Fundamental analysis of cryptocurrency is made simpler

You can start Crypto Trading, by opening your free account in just 4 minutes. You are just one step away from joining the best app for Cryptocurrency trading.

FTD bonus- 5% of total deposit can be availed upon FTD

Campaign bonus- Get 10% of winnings of Demo ID upon FTD

Learn more about stocks

Our knowledge section has info to get you up to speed and keep you there.

What is Margin Trading?

In Margin Trading, traders get to hold larger positions or buy more assets than their actual deposit would otherwise allow. Started with Intraday trading communities, now Margin Trading is getting relaxed in terms of time duration and becoming applicable to all modes of trading.

What is a dividend?

A dividend is a payment made by a corporation to its stockholders, usually out of its profits. Dividends are typically paid regularly (e.g., quarterly) and made as a fixed amount per share of stock—the more shares you own, the larger the total dividend payment you’ll receive.

What is Income Tax?

Income tax is a type of direct tax that a government imposes on its people’ earnings. The central government is required to collect this tax under the Income Tax Act of 1961. Every year in its Union Budget, the government can adjust the income slabs and tax rates.