Cryptocurrency Trading

Cryptocurrencies are virtual currencies that operate independently of banks and governments. However, they can still be exchanged or traded like the pound or dollar. When thinking of cryptocurrency trading, you may immediately think of the virtual currency bitcoin, which launched in 2009. However, there are plenty of other cryptocurrency trading options that can be traded, exchanged or speculated on, much like any physical currency.

Open a Trading Account Today

Trading cryptos with ADSS

With ADSS, you can trade cryptocurrency CFDs (contracts for difference) rather than trading cryptos through a cryptocurrency exchange. Due to the very high level of risk associated with the cryptocurrency market, it’s vital you familiarise yourself with their specifications before trading a crypto as a CFD.

CRYPTOCURRENCY CONTRACTS FOR DIFFERENCE (CFDs)

Can I start cryptocurrency trading via a CFD?

With ADSS, you can access the top cryptocurrency markets by trading a cryptocurrency CFD on:

Traditionally, investing in cryptocurrencies meant buying ‘coins’ via an exchange. These required a ‘virtual wallet’ to hold them. But with ADSS, you can begin cryptocurrency trading via a CFD. This means that you don’t take ownership of the underlying cryptocurrency.

Simply log into your ADSS trading platform to access our cryptocurrencies, all of which will be quoted against the US dollar (USD). When you open a CFD position, rather than taking actual ownership of the cryptocurrencies, you will trade on whether the price of the cryptocurrency will rise or fall in value in relation to the US dollar. As with any CFD, if you are correct, you will profit, if you are not, you will make a loss.

Why trade a crypto CFD with ADSS?

  • Trade on leverage of 50%.
  • Flexibility on trade size (minimum one CFD equals one unit of the cryptocurrency).
  • A simple account-opening and funding process compared to crypto exchanges.

Market Information

Instrument Spread from Margin from Trading Hours
Bitcoin 78.5 2.1 21:01 Sun - 20:59 Fri
Ethereum 13.5 2.1 21:01 Sun - 20:59 Fri
Ripple 2.5 2.1 21:01 Sun - 20:59 Fri
Litecoin 5 2.1 21:01 Sun - 20:59 Fri
Bitcoin Cash 18.5 2.1 21:01 Sun - 20:59 Fri
Market Info Sheet

CRYPTOCURRENCY TRADING FOR BEGINNERS

Learn how to trade cryptocurrency CFDs

Try our interactive contracts for difference trading courses and discover how to analyse and trade the cryptocurrency market, just like advanced traders do. Everything is covered, from basic concepts to advanced skills.

CRYPTOCURRENCY TRADING EXAMPLES

If the selling price is $11,500 and the buying price is $11,550 for one bitcoin, and you believe that bitcoin’s price will fall against the dollar, you may decide to sell 10 bitcoin contracts at $11,500. Each of our CFD contracts is equivalent to transacting in one bitcoin.

Scenario A

Bitcoin’s price falls and our new price is $11,300/$11,350. You decide to take your profit by buying at $11,350.

$11,500 – $11,350 = $150 move or 150 points.

Your gross profit is 10 contracts x $150 = $1,500.

Scenario B

Bitcoin’s price rises and our new price is $11,650/$11,700. You decide to close your position by buying at $11,700 to limit your losses.

$11,700 – $11,500 = $200 move or 200 points.

Your gross loss is 10 contracts x $200 = $2,000.

Cryptocurrencies, including, without limitation, bitcoin and ethereum, are subject to a very high degree of uncertainty and price volatility. Investors in cryptocurrency CFDs are exposed to a number of additional risks not present in more traditional investments. These risks are set out in Cryptocurrency CFDs – Additional Risk Warnings & Conditions .  This is not an exhaustive list.