The future of trading with WorldStocks
Trading on Cryptocurrencies with WorldStocks
With WorldStocks, you can trade Cryptocurrencies with a CFD account to speculate whether your chosen crypto will either rise or fall.
All of our cryptos are quoted against the USD and the best part of trading on cryptos with WorldStocks is that you do not have to go through the complicated steps of buying them with crypto exchanges and storing them on a wallet.
Furthermore, being leveraged, trading on cryptocurrencies at WorldStocks can be done for a fraction of their price.
What are Cryptocurrencies?
Cryptocurrencies are virtual currencies that are encrypted and they exist on decentralised networks which are based on blockchain technology. Governments and other institutions have no control over them, which makes it easier to move around.
The term “crypto” refers to algorithms and cryptographic techniques that encrypt the currencies, therefore allowing for secure payments online.
Bitcoin was the first blockchain-based cryptocurrency and till this day remains the most popular and valuable one. Launched in 2009, Bitcoin has reached values of up to $20,000 and as of February 2020, there are around 18 million Bitcoins in circulation. It is worth noting that only 21 million of these coins were created, which leaves only about 3 million Bitcoins left to be “mined” or created.
Nowadays, you can find alternate cryptocurrencies, known as Altcoins. Popular ones are Litecoin, Ethereum, EOS, Ripple and thousands of others.
Why trade Cryptocurrencies?
WorldStocks has a competitive list of cryptocurrencies for you to trade on 24/7. As the crypto market is decentralised, it is accessible for trading 7 days a week and 24 hours a day. Although cryptocurrency trading is fairly new and recently became popular, volatility is very much present and attracts competitive interest.
Also, traditionally while going through exchanges, one goes through the process of buying cryptocurrencies at a low price and selling them at a higher price to make a profit. With WorldStocks, you can speculate on the value by going long or short, thus taking advantage of price movement in both directions.
World Stocks has a competitive list of cryptocurrencies for you to trade on 24/7 due to the market being decentralised, trading is allowed seven days a week and 24 hours a day.
With World Stocks, you can speculate on the value by deciding to go long or short, thus taking advantage of price movement in both directions.