Crypto

TRADE
 CRYPTO 24/7S 

Diversify your portfolio with popular Cryptocurrencies.

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How does
 Crypto  Trading Work?

Cryptocurrencies CFD trading involves speculating on the price movements of various digital currencies, such as Bitcoin, without the need to actually own the underlying cryptocurrencies. When trading CFDs, investors enter into a contract to exchange the difference in the price of the cryptocurrency from the time the trade is opened to when it is closed. The aim is to profit from the volatility of cryptocurrency prices. 

With CFDs, traders can participate in the cryptocurrency market with increased flexibility and leverage. They have the opportunity to profit by going long (buying) if they believe the price of the cryptocurrency will rise, or by going short (selling) if they anticipate a decline in price. This trading method allows for potential gains in both rising and falling markets.

Cryptos
 Trading Example 

Opening the Position:

The price of Bitcoin (BTCUSD) is quoted at $48.000/$48.050. Believing that there will be an increase in price due to market optimism, you decide to buy 2 lots at $48.050. Each lot represents one Bitcoin, and a price movement of 0.01 point equals $1 per lot. 

For every 0.01 point that the bid quote on BTCUSD rises above $48.050, you will gain $2 (as you own 2 lots), and for every 0.01 point that it falls below $48.050, you will lose $2. 

Closing the Position:

A few days later, after positive developments in the cryptocurrency market, the price of BTCUSD has increased to $48,450/$48,500. You decide to secure your profits by selling your 2 lots at $48,450. 

The gross profit on your trade is calculated as follows:

Opening Price: $48.050 x 2 bitcoins = $96,100
Closing Price: $48.450 x 2 bitcoins = $96,900
Gross Profit on Trade: $96,900 - $96,100 = $800

Cryptocurrencies Trading Hours

You can trade CFDs on Cryptocurrencies 24/7.

 Trade Cryptos  with Richmond365

Range of Instruments

Diversify your portfolio with
thousands of trading products.

Ultra-fast Execution

Seize trading opportunities with
24/7 market access.

Flexible Leverage

Power up your trades with leverage
up to 1:1000.

Start With Less as $250

Deposit as little as $250 and trade
from 0.01 lot.

Low Costs

Ultra-low spreads from 0.0 pips.

Powerful Trading Platforms

Trade on reliable platforms with multiple user-friendly features and tools.

Frequently Asked  Questions 

  • What is Crypto trading?

  • What factors influence the Crypto market?

  • How can I start trading Cryptocurrencies with Richmond365?

  • What is leverage?

  • What is margin?

  • What is volatility?

  • What are spreads?

  • What are swaps?

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Quick and easy account opening process, Fund your trading account with an extensive choice of deposit methods.
  • Instant Deposit
  • Fast Withdrawal
  • Low Commissions
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