CRYPTOCURRENCIES TRADING

With FXFaith, you can explore to a hot market by trading on the world’s most popular cryptos, including Bitcoin, Ethereum & much more...!!

CRYPTOCURRENCIES TRADING

Cryptocurrencies are one of the hottest trading commodities in modern times. Cryptocurrency trading has the potential to quickly jump up your trading profits as the market is known to be highly volatile. By adding cryptocurrencies in your portfolio, you can take benefit of dipping and rising prices of cryptocurrencies like Bitcoin, Ethereum & others...!!

Cryptocurrencies trading can bring impressive results, and a great way of doing so is by using CFDs. When trading, we do not need to actually own the cryptocurrency, instead, we are receiving the difference between current and future price, which we hope will be as speculated. Using CFDs allows very fast transaction times, which is useful for such a volatile market. FXFaith LLC is authorised and regulated by the Financial Conduct Authority (FCA), so that our Bitcoin CFD trading is also regulated in the same manner as normal Forex.

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Trade the most popular cryptocurrencies:
1) BTCUSD(Bitcoin vs US Dollar)- With a market cap of almost half of all the cryptos, Bitcoin is by far the most popular cryptocurrency. Being also the first crypto, Bitcoins has seen sky-high prices like no other crypto.
2) ETHUSD(Ethereum vs US Dollar)- The second most popular crypto has seen a huge increase in its market cap. Having its advantages and strong points, Ethereum it’s on the top spot for many crypto traders.
3) LTCUSD(Litecoin vs US dollar)- Started with the goal to be a faster version of Bitcoin, this crypto has been under the spotlight. More suitable for scaling up as means of payment, compared to Bitcoin, Litecoin appeals to many traders.

FUNFACT- El Salvador made Bitcoin legal tender on June 8, 2021. It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it.10 The U.S. dollar continues to be El Salvador’s primary currency

10 Reasons to trade in Cryptocurrencies with FXFaith.

  • Trade on margin and benefit from improved liquidity & leveraged exposure with us.
  • Speculate on the price of a digital currency without owning it or having a different/exchange account.
  • With FXFaith, you can trade crypto CFDs 24 hours a day and take advantage of cryptocurrency market volatility.
  • Manage your risk using a variety of in-platform tools and advance trading features of MetaTrader5, the most seamless trading platform out there.
  • Proprietary risk management tools, negative balance protection policy exclusively offered to FXFaith Members.
  • You can get the best prices in the market as we offer Low Latency-Fast execution speeds from as low as 10ms. Like forex trading, you can take "Long or short" position in cryptocurrencies trading as well.
  • Explore charts, graphs and insights from FXFaith and come up with your own data-driven trading strategies.
  • Fully Secured: Maximum safety and assurity by trading with a reliable and trustworthy broker. Know you're in good hands with us.
  • Professional guidance & support from our Experts. Have queries on Cryptocurrencies Trading or account opening? Get all your answers from trading veterans.
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Joining FXFaith consist of the leverage the performance, reliability and speed of trading platforms optimized for active trading. Advanced trading features and professional charting tool. zero commissions on deposits and withdrawals

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Advice- Below are the following factors can cause Cryptocurrencies to move:
Rising Demand: It is a big factor that determines the value of anything that can be traded including all digital currencies in the market. The supply of Bitcoin and the market’s demand for it.
Making Cost: The cost of producing a bitcoin through the mining process is also an important factor which determine the value of a cryptocurrency. Bitcoin, for example, has a high cost of production. The resources and energy that have been put into the mining of bitcoin can be seen as a reason why the bitcoin has value. This includes the cost of manufacturing specialized hardware like CPU's/GPU's or servers as well as the cooling systems for such hardware.
Major Events: Such as regulatory updates, security breaches and economic setbacks.Regulations governing its sale and use, the state of its internal governance and news developments. Some institutions might even ban them as such attempts in Russia and China have shown.
Inflation of FIAT currencies: If the price of a fiat currency falls, then the price of Bitcoin would go up with respect to that currency. This is because you will be able to get more of that currency with your Bitcoins.

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