Trade Crypto more easily with CFDs
*FOREX.com offers trading on cryptocurrency CFDs.
**Shorting only available on BTC and ETH.
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What are cryptocurrencies?
Cryptocurrencies, or cryptos, are forms of digital, decentralized money not regulated by a government or central bank. Instead, cryptos use encryption techniques to generate, regulate and transfer their units. Cryptocurrencies are often held in virtual online wallets and used for peer-to-peer transactions or online stores that accept them.
Can I short cryptos at FOREX.com?
Yes, shorting/selling is just as easy as buying with spot cryptocurrencies, unlike when you purchase cryptos outright.
What is Bitcoin?
Bitcoin was the first decentralized cryptocurrency. Created in 2009, Bitcoin uses blockchain verification technology to secure and protect peer-to-peer transactions. Like other cryptocurrencies, Bitcoin is decentralized and not regulated by a central bank or any one government.