The increased popularity of cryptocurrencies among retail traders has been in the spotlight for the past year, alongside with increasing investments coming from institutional players’ way. An ongoing financial revolution, high volatility in digital assets, and increased adoption, have all been major price-movers.
However, cryptocurrencies have a long track-record of wild swings, which means they are an environment where short-term trading opportunities can arise numerous times. CAPEX.com is a popular brokerage house currently offering a broad range of tradable assets, including several crypto CFDs, allowing customers to gain exposure to some of the top tokens.
Recent market developments are solid proof of the high unpredictability of the market, putting traditional exchange platforms at a major disadvantage, given traders can’t sell short when prices are falling. With CAPEX.com, though, it is possible to take advantage of both rising and falling markets with CFDs, removing any token ownership or risks related to crypto storage.
Crypto market update and analysis
Bitcoin reached an all-time high of around $58,000 on February 21st, 2021 and since then has been weakening impulsively, erasing over 10% of its value within the past two days alone. A similar pattern occurred to Ethereum after the token had reached a record level of around $2,000.
Litecoin, Ripple, and Bitcoin Cash are three major altcoins that have been posting both solid gains and losses during the past few weeks, showing once again that increased volatility continues to be a key characteristic of the crypto market.
As uncertainty over whether the market can continue to go higher lingers, traders need access to trading services allowing them to get involved in the markets even when prices are falling. The CAPEX.com CFDs on cryptoinstruments are designed for such purpose and come associated with multiple benefits and features.
Crypto offer by CAPEX.com
Increased crypto popularity is one of the reasons why CAPEX.com has integrated CFDs on cryptocurrencies into its asset list. Currently offering more than 2,100 different instruments, registered customers can build a portfolio of assets, including several large tokens like Bitcoin Futures, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
Flexible spreads, competitive leverage to keep risk under control, and several unique trading resources are what make crypto CFD trading with CAPEX.com a one-of-a-kind experience. The services offered by the broker are diverse and thus they open up access to a broad range of opportunities.
Traders using different methods and trading strategies can find the right tools to implement their systems, all in one place. CAPEX.com is also offering access to three different account types, with a low initial deposit required, and a commitment to professional customer support services.
3 leading advantages of crypto trading with CAPEX.com
Most traders are probably asking by now what some of the leading advantages when trading crypto CFDs with CAPEX.com are, and it can all be summed up into three different sections:
- Trading Software – the broker relies on both the proprietary CAPEX WebTrader and the popular MetaTrader 5 platform, two software solutions promising a user-friendly interface as well as enhanced performance. Emphasis is put on the CAPEX WebTrader, which is integrated with several 3rd party tools like Trading Central, Insiders’ Hot Stocks, Daily Analyst Ratings, Bloggers Opinions, and Hedge Fund Activity.
- Regulation–CAPEX.com isoperated by Key Way Investments Limited, a company authorized and regulated by the Cyprus Securities and Exchange Commission. At the same time, it is registered with tens of European regulators, which means traders can benefit from diverse regulatory compliance when trading CFDs.
- Wide range of trading resources–CAPEX.com offers access to market news, basic educational resources, daily market reviews, a video library, and support from a dedicated account representative. Traders with larger accounts also benefit from open access to research and SMS notifications by Trading Central. This all means that trading decisions can be made based on solid data, allowing traders to see the markets from different perspectives.
CAPEX.com wants traders to see the big picture and understand the markets more deeply, a development that can lead to better decision-making in the longer run. The cryptocurrency market continues to be one of the most challenging in the world, and in an industry where volatility is the norm, it is important for traders to be able to use reliable trading tools and resources.
Trading cryptocurrency CFDs with this broker means access to some of the most popular and largest tokens by market capitalization, using margin and tight trading costs. There are no trading commissions charged by CAPEX.com, facilitating cheaper short-term trading capabilities.
Regardless of how the cryptocurrency market develops, CAPEX.com is providing trading tools that enable retail traders across the world to get involved in both bullish and bearish trends. Ultimately, this is a strong trading brand, authorized, regulated, and compliant with some of the latest trading requirements.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Raj Kumar is a qualified business/finance writer expert in investment, debt, credit cards, Passive income, financial updates. He advises in his blog finance clap.