Trading CFDs On CryptoCurrencies
EuropeFX And CryptoCurrency CFDs
Cryptocurrencies have been around since the early 2000’s. Bitcoin, the first, was invented by an unknown programmer (or group of programmers), under the name Satoshi Nakamoto. Bitcoin, a cryptocurrency, and digital payment system was released as open source software in 2009.
Against the USD, Bitcoin (BTCUSD) has seen a dramatic rise over the last few months, breaking through the $1,000 level and hovering around the $2,800 level since around May 2017. Cryptocurrencies come in many shapes and sizes. On EuropeFX we currently offer Bitcoin, Ethereum, Litecoin, Ripple and Dashcoin CFD trading against the USD.
EUROPEFX warns you that trading CFDs on Cryptocurrencies carries a high level of risk and can result in the loss of your whole investment especially within a short period of time as virtual currencies values can widely fluctuate. Moreover, you should be aware of the fact that trading in CFDs on Cryptocurrencies falls out the scope of regulated investment services and products offered by the Company since there is no specific EU regulatory framework governing the trading on CFDs on Cryptocurrencies and trading in virtual currencies does not entitle the investors to any protection under the Investor compensation fund.
What is more, you have no rights to report the Cyprus Financial Ombudsman in case of a dispute with the Company.
It is highly recommended that you do not invest money that you cannot afford to lose in order to avoid significant financial problems in the case of losses. Please make sure you define the maximum risk acceptable for yourself. You can find more details about risk related to trading CFDs on cryptocurrencies on the Legal Documentation section of the website, read carefully in order to ensure that you fully understand the risk associated with trading CFDs on cryptocurrencies and the possibility to lose all the invested capital.
Please be advised that EUROPEFX is not responsible for the results and the potential loss of your trading in CFDs on Cryptocurrencies.
Trade CryptoCurrencies CFDs Against The USD
Trading is risky. You may lose your invested capital.